Rainoil Boss Wants Deregulation to Increase Fuel Quality The Managing Director, Rainoil Limited, Mr. Gabriel Ogbechie, has said the Federal Government should deregulate fuel prices to...
OPEC Endorses Nigeria’s Oil Production Cut Exemption Request The meeting of the Joint Ministerial Monitoring Committee of the Organisation of Petroleum Exporting Countries and non-OPEC members...
N’Assembly Wants Local Content Policy in Construction Sector Lawmakers are pushing for the local content policy currently existing in the oil and gas sector to be...
Power Generating Firms owe Banks N356bn Electricity generation companies currently owe Deposit Money Banks a total of N356bn, while the power sector lost over N500bn revenue...
FG Sets up Committee on Airport Charges, Others The Federal Government on Thursday inaugurated an 11-man committee to address the regulatory issues raised by the Airlines...
We’re Committed to Local Content Law — NNPC The Nigerian National Petroleum Corporation has affirmed its commitment towards strengthening the provisions of the Nigerian Content Law...
Oil Price Rises to $57 Per Barrel Oil prices rose on Wednesday in spite of a rise in US crude inventories with the market heading for...
Petrol Price Fail to Crash Despite Kachikwu’s Assurances Fifteen months after the price of Premium Motor Spirit, otherwise known as petrol, was increased by 68 per...
Our August Revenue Beat July’s by 45% – Seme Customs The Nigeria Customs Service, Seme Area Command, said that it generated N701m in the month of...
Low Oil Price Will Help Nigeria, Others The President/Chief Executive, Dangote Industries Limited, Aliko Dangote, has said low oil prices will help Nigeria to reduce its...
