The Petroleum Equalisation Fund (PEF) has said that the ongoing monitoring of petroleum product distribution electronically would curb malpractices in the system. Mr Goddy Nnamdi, the...
The Ikeja Electricity Distribution Company lastWednesday said it had started mass installation of pre-paid meters to customers within the zone. Mr Chris Akamnonu, the Chief Executive...
The Passage of the Petroleum Industry Bill (PIB) into law would serve as a catalyst to the revolutionisation of the oil and gas industry, former minister...
The Counsellor for Economic Affairs in the United States Embassy in Nigeria, Mr Perry Ball has emphasised the need for Nigeria to critically address the issues...
The Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, has said that a reliable Oil and Gas Sector can only be built by effective participation of competent...
The Federal Government, says the rehabilitation of the Port Harcourt Refinery Company (PHRC) is expected to be completed by the end of this year. President Goodluck...
The Federal Government lost N1.8 trillion to pipelines vandalism and oil theft in the last one year in the Niger Delta, the Minister of Petroleum, Mrs...
The Nigerian Electricity Regulatory Commission (NERC), has said that the new electricity tariff regime starting from June 1 would ensure improved services to consumers. NERC Commissioner...
Russia, the world’s largest oil producer, is facing domestic fuel shortages after the authorities restricted the transport of crude oil by rail, forcing several refiners to...
Brent crude oil futures gained last week, as the euro zone narrowly avoided recession and as better GDP data raised hopes that Germany will steer the...
