The Senate has appealed to the judiciary to give expeditious consideration to cases involving suspected crude oil theft in the country. President of the Senate, Ahmad Lawan made the call at a meeting in Abuja on Monday with heads of…
The House of Representatives Committee on Finance has resolved to hold a special hearing on 2023-2025 Medium Term Expenditure Framework/Fiscal Strategy Paper (MTEF/FSP) for the Transmission Company of Nigeria (TCN). The Chairman of the committee, Rep. Abdullahi Saidu (APC-Niger) at…
…Partners National assembly to recover N1.5trn taxes, fees By Uthman Salami The Nigerian Extractive industries Transparency Initiative (NEITI) has published a N2.6trn debt report for 2019 on oil and gas companies, disclosing that companies within the sector have paid over…
Nigeria’s crude oil production fell below 1 million barrels per day (bpd) in August, figures from its regulator show, as the nation grappled with rampant theft from its pipelines. The country’s total oil and condensate output dropped to an annual…
A second year Political Science student of the University of Ibadan, Mr. Ayotomiwa Elesho has won N1 million prize in the 6th Annual National Undergraduate Essay Competition sponsored by the Nigerian Content Development and Monitoring Board (NCDMB). A missive on…
…Pipeline for gas delivery to run through Algeria to Europe — Sylva By Uthman Salami Nigeria will be able to send more liquefied natural gas (LNG) to Europe by winter. The Minister of State for Petroleum Resources made this known…
The European Union, (EU) has on Wednesday proposed a price cap on Russian gas after President Vladimir Putin threatened to cut off all energy supplies if it took such a step, raising the risk of rationing in some of the…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged the Federal Government to check the excesses of Petroleum Tanker Drivers (PTD) to ensure stability in the downstream sector. Mr Anicho Oti, Zonal Secretary, IPMAN, South East Zone, made the…
The Crude Oil Refiners Association of Nigeria (CORAN), the umbrella body of indigenous crude oil refiners, has appealed to the Central Bank of Nigeria(CBN) to create a crude refinery intervention fund for its members. Its Secretary, Mr Olusegun Ilori, made…
Poland is demanding expanded gas exports from Nigeria to help the country maintain energy security amid the current crisis in the European Union. Polish President Andrzej Duda made the demand on Tuesday after meeting with President Muhammadu Buhari. “The first…
