…as subsidy gets 88% of supplementary budget THE Nigerian National Petroleum Corporation, NNPC, said it has reached an agreement with oil marketers to end scarcity of...
A former general who ruled Nigeria 30 years ago, Buhari has extensive knowledge of the oil sector, having been head of the Petroleum Trust Fund under...
…House issues November 18 deadline By OdunewuSegun The Nigerian National Petroleum Corporation and one of its subsidiaries, Pipeline and Products Marketing Company (PPMC) have refused to...
The Nigerian Association of Energy Economists, NAEE, has said despite statistics indicating that 45 percent of the country’s population is currently connected to the national grid;...
By Odunewu Segun Nigerian National Petroleum Corporation said it has suspended the offshore Processing Agreement (OPA) arrangement and instead opted for Direct Sale-Direct Purchase (DSDP) of...
…As three other African countries lose $2.9 billion NIGERIA, according to Global witness, an international transparency group, is among four other African countries said to have...
…threatens to shut non-performing refineries by December Local refineries operating below 65 per cent of installed capacity without any improvement by December, 2015 will be closed...
AS a result of the downturn in the price of crude which has fallen to a record of below $50 per barrel in recent times, investment...
ENACTMENT and successful implementation of the Nigerian Oil and Gas Industry Content Development Act is said to be responsible for the quantum leap Nigeria is experiencing...
Symbion Power is one of Africa’s leading power companies. In this interview with National Daily, the CEO, Paul Hinks, bears his mind on the obstacles militating...