…Production slumps to four-year low in 2020 …COVID-19 threw Nigeria’s oil industry into turmoil …Sector anxiously awaits passage of PIB in 2021 Nigeri
In another ugly development, gunmen in the early hours of Monday razed Ubakala police station in Apumiri community, Ubakala in Umuahia South Local Gov
Gas production in Nigeria rose in January 2021 by 4.79% percent (approximately 5 percent) at 223.55BCF compared to output in December 2020. It was gat
Brent crude oil futures were down 35 cents, or 0.5%, at $66.70 a barrel by 0200 GMT. West Texas Intermediate (WTI) was down 28 cents, or 0.4%, at $63.
The Nigerian National Petroleum Corporation (NNPC) has picked 16 consortia for its new crude-for-fuel swap contracts for one year starting in August,
Rt Hon Rotimi Amaechi, Minister of Transportation The Federal Ministry of Transportation (FMOT) has said that the Minister, Rt Hon Rotimi Amaechi neve
The national power grid on Wednesday suffered another system collapse, resulting in worsening the blackout in parts of the country. A message by Kadun
Dangote Sugar Refinery Plc has reported a profit before tax of N11.95 billion for the first quarter ended March 31, 2021. The profit before tax was hi
-By Victoria Opeyemi …To Convene National Dialogue, Make Apapa Gridlock top Priority Following security challenges in different parts of Nigeria, Sout
The Department of Petroleum Resources (DPR) has pledged support to the hitch-free completion of Nigeria’s first floating Liquefied Natural Gas (LNG) p