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...
Natural Resources
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...
World Bank insists Nigeria drops fuel subsidy
The President of the World Bank Group, Mr. David Malpass, has insisted that Nigeria should reconsider its policy on fuel...
Bankers call for subsidy removal, deregulation of economy
The Federal Government has been urged to totally remove subsidies and deregulate the economy fully in the long run to...
TotalEnergies inaugurate 4 projects in South-South
TotalEnergies and its partners have inaugurated four projects in the southern states as part of the company’s Corporate Social Responsibility...
Effective regulations key to harnessing gains of PIA — Sylva
The Minister of State, Petroleum Resources, Chief Timipre Sylva, has underscored the need for effective regulations in harnessing the gains...
7,000 MT of LPG, others expected at Lagos ports
The Nigerian Ports Authority (NPA) on Tuesday said 25 ships bearing 7,000 Metric Tonnes (MT) of Liquefied Petroleum Gas (LPG)...
We bring you the best news update in Nigeria
LEARN MORE »