Fathoming the intrigues of oil politics in Nigeria has remained a fundamental contradiction. With an economy that is heavily dependent on crude oil revenue, Nigeria has...
World oil prices plunged on Friday as traders took their cue from the strengthening United States dollar and eyed a crucial update on energy stockpiles in...
Crude inventories and gasoline supplies rose last week, the government said Friday. Crude inventories climbed by 2.4 million barrels, or 0.7 per cent, to 331.4...
Proven Reserves Politics This is the politics underlining quoted proven reserves by countries, particularly those in the OPEC platform. The intention mostly is to exaggerate the...
The Minister of Petroleum Resources, Dr Rilwanu Lukman, has ordered the management of the Nigerian National Petroleum Corporation (NNPC), to bridge the yawning gap in the...
The management and staff of the Nigerian Agip Oil Company (NAOC) were last Friday morning thrown into a sorrowful mood as they reported to work only...
Power Holding Company of Nigeria (PHCN) has now confirmed shutting down four of its plants as a result of the crisis in the gas supply chain...
Workers in Indorama, former Eleme Petrochemicals Company Limited, have threatened to down tools if the management does not address what they called the poor salary and...
The Chairman, Rivers State House of Assembly Committee on Energy and Natural Resources, Hon Otelemaba Amachree has described the Onne Oil and Gas Free Zone as...
Desperate Nigerians, apparently fed up with the festering scarcity of kerosene have resorted to the use of battery-powered and rechargeable lanterns as alternatives kerosene-powered lanterns. ...
