‘Refusal to remove subsidy detrimental to future generations’
The Chairman, Major Marketers Association of Nigeria, MOMAN, Tunji Oyebanji has warned against constant criticisms especially from labour unions against…
OPEC+ May Stick With Current Supply Plan as Iran Returns
OPEC+ is likely to stick to the existing pace of gradually easing oil supply curbs at a meeting on Tuesday,…
‘Nigeria loses $177bn revenue to nonfunctional steel plants in 2019’
Poor policy making in the area of nonfunctional steel plants in the country, especially Ajaokuta Steel and other inland steel…
Rivers Seek Collaboration With NLNG on Waste Management
The Rivers State Government has expressed readiness to collaborate with the Nigerian Liquefied Natural Gas Limited, NLNG, in management of…
NEITI to Champion Discussion on Renewables
The Nigerian Extractive Industries Transparency Initiative, NEITI has said it is time to commence talks on transition from fossil fuel…
NCDMB Urge IOCs to Invest in Legacy Projects in Nigeria
Executive Secretary of the Nigerian Content and Development Monitoring Board, NCDMB, Engr. Simbi Wabote has charged International Oil Companies, IOCs…
Nigeria, IOCs sign multi-billion dollar pact over OML 118
The Nigerian National Petroleum Corporation (NNPC) and its Production Sharing Contract (PSC) partners – Shell Nigeria Exploration and Production Company…
FG to Scale up Domestic Gas Expansion, Monetisation Drive —Sylva
The Minister of State for Petroleum Resources, Mr. Timipre Sylva, has stated that the federal government will continue to ramp…
Nigeria to earn N320 billion from NNPC, Bonga PSC deal
The Nigerian National Petroleum Corporation (NNPC) and Bonga Production Sharing Contract (PSC) partners, have signed watershed agreements to unlock $700m…
OPEC says IEA net-zero pathway could add to oil-price volatility
OPEC has said that an IEA report suggesting that investors should not fund new oil projects to curb emissions could…