Out of a total sum of N1.7 billion owed the Power Holding Company of Nigeria (PHCN) by various categories of its customers as at June 2011,...
President Goodluck Jonathan has approved the constitution of a Presidential Committee to look into the problems hindering the operations of the Niger Delta Development Commission (NDDC)....
Given the right fiscal and legislative frameworks, with support from international oil companies (IOCs), some indigenous oil and gas exploration and production companies are sure to...
National Oil Spill Detection and Response Agency (NOSDRA) has acquired a 19 metre poll- cat oil spill response vessel, “to ensure adequate, timely and effective detection,...
An aggressive policy that gives the building of new refineries a priority in the petroleum sector reform agenda is the one way of the quagmire which...
The Assistant Inspector-General of Police (AIG) in charge of Zone 6 , Malam Mohamed Abubakar, on Thursday paraded six suspected crude oil thieves in Calabar. Abubakar...
Capital Oil and Gas Industries Limited. says it will soon extend the sale of kerosene in mobile trucks to other states of the country. Managing Director,...
French and Italian oil majors, Total SA and Eni SpA reported lower second-quarter profits on Friday, reflecting dollar weakness and production outages partly due to fighting...
Statoil ASA is mulling over expanding production at its Snoehvit liquefied natural gas (LNG) plant in the Arctic. The expansion would include the second processing train...
The National Union of Petroleum and Natural Gas Workers (NUPENG) has condemned calls for the removal of petroleum subsidy from some quarters in the country, warning...
