NNPC, FIRS, others fetch Nigeria N28.02trn in 3 years
Four Federal Government agencies have generated a total of N28.02 trillion between 2017 and 2019, the Nigeria Extractive Industries Transparency...
Natural Resources
IPMAN supports clamp down on illegal refineries
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged government at all levels to intensify efforts to check the...
DRC moves to drive oil, gas to accelerate growth
The Democratic Republic of Congo (DRC) has decided to leverage on its oil and gas reserves to accelerate socioeconomic growth....
Ailing Warri Refinery in more trouble
Hundreds of casual workers at the Warri Refining and Petrochemical Company (WRPC) grounded activities at the facility on Thursday over...
African energy bank to tackle energy crisis – Sylva
The Federal Government has emphasised the need for Africa to establish an African Energy Bank (AEB) to address its peculiar...
Local content in oil sector grows to 42%
The Nigerian Content Development and Monitoring Board (NCDMB) says it has grown Nigerian content in the oil and gas sector...
Niger Delta unhappy with divestment of international oil firms
Stakeholders in the Niger Delta have faulted the reasons advanced by International Oil Companies (IOCs) divesting from onshore assets in...
Nigeria to concession 42.74b metric tonnes bitumen
The Federal Government says its bitumen reserve of 42.74 billion metric tonnes will soon undergo concession to solve over- reliance...
Price of cooking gas hits the roof top
The average retail price of cooking gas in Nigeria has increased by 83.62 per cent from N2057.71 in March 2021....
OPEC daily basket price now $108.81 per barrel
The Organisation of the Petroleum Exporting Countries (OPEC) price for basket of 13 crude oil samples stood at $108.81 per...
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