By Kingsley Chukwuka A Nonprofit organization in Nigeria, the Ogoni Liberation Initiative (OLI), has said Shell Petroleum will pay for the damage done to the oil...
The passage of PIB, which has faced a couple of setbacks for almost 2 decades, has been held up by political disagreement and objections from...
The Nigerian National Petroleum Corporation (NNPC) has reported its three refineries incurred N5.92 billion expenses in September 2020 at zero production level. According to its...
By Ifeanyi Izeze “The Petroleum Industry Bill (PIB) is like a demon; that PIB thing, there are people both inside and outside the country, who would...
Stakeholders in the oil industry need to find and agree on cheaper means of producing oil while also ensuring a more competitive environment that meets the...
The Federal Government has insisted that it will go ahead with its policy on the removal of subsidy on Premium Motor Spirit (Petrol) and electricity,...
Total Plc, 11 Plc, MRS, Ardova and Conoil are some of the major downstream players (all quoted) that have suffered revenue declines and margin drops...
The Federal Government has directed the National Electricity Regulatory Commission (NERC) to suspend the implementation of the duly performed minor review from N2 per kWh...
The Liquefied Petroleum Gas Retailers (LPGAR), branch of National Union of Petroleum and Natural Gas Workers (NUPENG), on Thursday decried the increase in the prices...
By Segun Odunewu, Lagos Oil prices climbed to their peak in 11 months on Wednesday, following Saudi Arabia’s decision to slash output to a lower-than-expected...