Why oil revenue is poor, by Kachikwu
Minister of State Petroleum Resources, Dr. Ibe Kachikwu said yesterday that poor governance and weakness…
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Nigeria, four oil exporters hit by falling currency value, says OPEC
Five oil exporting countries, including Nigeria, Angola, Venezula, Azerbaijan, and Russia are mostly affected by…
New electricity tariff’ll not be effective – Omotola
The Group Managing Director/Chief Executive Officer, CFL Group of Companies, Mr. Lai Omotola, has faulted…
Gas: Seven Energy secures $100m fresh capital
Seven Energy International Limited, an integrated gas company in the country with oil and gas…
Firm gets licence for oil refinery in Lagos
The Chairman of Integrated Oil and Gas Limited, Capt. Emmanuel Ihenacho (retd), has said the…
Tanker drivers’ row disrupts fuel supply to Lagos
The dispute within the Petroleum Tanker Drivers Union has caused a hitch in the supply…
EXCLUSIVE: Nigeria’s revenue woes worsen as major trouble hit Forcados, oil lifting suspended
Nigeria’s crude oil export operation has suffered a serious setback following a major crack-up of…
Oil projects in Nigeria, others face longer delays
Nigeria and its counterparts in the West African region may continue to see delays in…
Another nationwide fuel scarcity looms – IPMAN warns
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has warned of an impending fuel scarcity…
Nigeria struggling to find buyers for N159bn oil
Nigeria’s March crude programme is struggling to find outlets, with some 25 million barrels still…