Senate Decries $2.5bn Annual Loss to Gas Flaring The Senate has decried the loss of over $2.5bn to the flaring of estimated two billion standard cubic...
Power Producers Owe Gas Suppliers N200bn, Demand N600bn Payment Power generation companies in the country on Wednesday said gas producers were cutting down supplies to thermal...
Reduce Your Rents, FG Tells Landlords The Federal Government on Tuesday charged property developers to reduce their rents and the value of properties in consideration of...
Senate Asks FG to Stop P’Harcourt Refinery Concession The Senate on Tuesday asked the Federal Government to suspend all processes leading to the concession of the...
Oil Price Flat in Subdued Trade at $52 Oil prices were flat, yesterday but remained on an unstable footing as increase in United States, U.S. drilling...
FG Eyes Russian Investment in Oil Sector The Federal Government has invited Russia and investors from the country to invest in the Nigerian oil and gas...
Nigerian Economy Not Being Properly Managed The Centre for Social Justice on Monday called on President Muhammadu Buhari to rejig key personnel in his administration to...
OPEC Will Resist Sabotage by Shale Oil Producers, Says Kachikwu The Minister of State for Petroleum, Dr. Ibe Kachikwu, has stated that the Organisation of Petroleum...
Infrastructure: FG to Strengthen PPP Contracts The Federal Government said it would strengthen the Public-Private Partnership arrangement to enable it to use the model to effectively...
NCDMB, Dangote Collaborate on Refinery Project The Nigerian Content Development and Monitoring Board has announced a collaboration with Dangote Industries Limited aimed at ensuring maximum utilisation...