Why Court stopped $16bn Ogidigben EPZ project
By Pita Ochai A Federal High Court in Warri, Delta State has ordered the maintenance of status quo antebellum in…
Oil dealer calls for ban on petrol importation
By Pita Ochai A Port Harcourt based oil dealer, Kingsley Irofuala has called on the Federal Government to ban the…
NUPENG urges FG to start loading products at NNPC depots
By Pita Ochai The National Union of Petroleum and Natural Gas Workers (NUPENG) has appealed to the Federal Government to…
Spain seeks greater role in Nigeria’s oil sector
By Olisemeka Obeche Spanish Government has declared its preparedness to be a key player in Nigeria’s oil and gas sector…
Oil Workers threaten strike over Agip industrial dispute
By Olisemeka Obeche Oil workers under the aegis of Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and…
Buhari promises holistic reforms in oil & gas sector
By Olisemeka Obeche President Muhammadu Buhari has assured investors that his administration will implement far-reaching reforms that would boost accountability…
Oil prices tumble as Iran, global powers reach nuclear deal
By Olisemeka Obeche Oil prices tumbled more than $1 on Tuesday after Iran and six global powers reached a landmark…
Nigeria loses N174bn to gas flaring
By Dike Onwuamaeze Nigerian National Petroleum Corporation (NNPC) has said that Nigeria lost up to $868.8 million, about N173.76 billion…
Where are the Greenfield refineries?
Five years after the Federal Government signed an agreement with the China State Construction Engineering Corporation (CSCEC) for the construction…
Oil prices tumble over Greek ‘No Vote’
Oil prices fell sharply early on Monday after Greece rejected austerity measures demanded in return for bailout money and as…