The Federal Executive Council (FEC) has approved the acquisition of 20 per cent minority stakes by the Nigerian National Petroleum Corporation(NNPC) in the Dangote Petroleum and...
The Department of Petroleum Resources (DPR) says it is formulating a Maximum Economic Recovery (MER) strategy for Nigeria to attain maximum value delivery from its oil...
An NGO, Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN), has asked Shell to be transparent in its planned sale of its land-based and shallow water...
The Minister of State for Petroleum Resources, Chief Timpre Sylva, has commended the effort of the Senegalese government in seeking Nigeria’s support for the development of...
The Nigerian National Petroleum Corporation (NNPC) says it will soon develop a Comprehensive Divestment Policy for International Oil Companies ( IOCs) operating in the country to...
A sales boy, Lucky Otuonye, has told police how he planned with some armed robbers to rob an electronic shop where he was working as a...
The Nigerian Ports Authority (NPA) says it is expecting 21 ships laden with petroleum products, food items, and others from July 27 to Aug. 5. The...
The Department of Petroleum Resources (DPR) has hinted at the possible increase in the pump price of Premium Motor Spirit (PMS) otherwise known as petrol. The...
By Hope O’Rukevbe Eghagha After over thirteen years in the making, the Petroleum Industry Bill (PIB) was passed by both chambers of the National Assembly last...
The Ikeja Electric and Eko Electricity Distribution Company have been sued for failing to implement the order capping estimated billing of some of their customers. A...