Oil prices rose for a fifth straight day on Monday with Brent heading for $80 amid supply concerns as parts of the world sees demand pick up with the easing of pandemic conditions. Brent crude was up $1.14 or 1.5…
Eko Electricity Distribution Company (EKEDC) has appealed to customers and the public to join in the fight against vandalism of its electrical installations. The DisCo made the appeal in a statement issued by its General Manager, Corporate Communications, Mr Godwin…
By Uthman Salami The Organization of Petroleum Exporting Countries, OPEC+ is working to keep prices around $70 per barrel. Oil Prices have been uptick in the last few days, but Iraq’s oil minister, Ihsan Abdul Jabbar Ismail as confirmed latest measures. The…
By Uthman Salami The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote was on Friday in Yenagoa, Bayelsa State presented with the African Local Content Icon Awardby the African Leadership Magazine. Receiving the…
… As DPR, NSCDC nab eight illegal LPG dealers Maiduguri By Uthman Salami The Department of Petroleum Resources (DPR) in Bauchi state has sought police collaboration to enable it enforce regulations laid down for filling stations. State DPR Comptroller, Iliyasu…
By Barth Ndubuwah,Port Harcourt The Minister of Water Resources, Engr. Suleiman Adamu has described the products manufactured by Solewant Group as of high quality and unprecedented in Nigeria. The Minister made the assertion in Port Harcourt shortly after inspecting the…
By Uthman Salami The Group Managing Director, GMD, of the Nigerian National Petroleum Corporation, NNPC, Mele Kyari, has predicted that the supply crisis affecting the natural gas market might influence oil prices up by $10 a barrel. Kyari made this known on…
By Uthman Salami The Marketing Manager, the Nigerian Liquefied Natural Gas (NLNG), Mr. Austin Ogbogbo, has attributed dearth of infrastructures as key factor responsible for major challenges in the distribution of of Natural Liquefied Gas, otherwise known as, cooking gas…
By Uthman Salami The Nigerian National Petroleum Corporation (NNPC) has disclosed that the natural gas production increases by 6.19 per cent equivalent of 222.23 billion cubic feet in May 2021. The Coronation also revealed that it earned $38.56 million from the sale…
The Nigerian Navy has handed over two vessels – MT Bright Hope and MV Johanna 11 –, intercepted weeks ago, to the Economic and Financial Crime Commission (EFCC). They were arrested by the Nigerian Navy Forward Operating Base Bonny with…
