The Federal Government has granted water use license to Messrs Mabon Limited, the first indigenous hydro-power generating company, through the Nigeria Integrated Water Resources Management Commission (NIWRMC). The Permanent Secretary, Mrs Didi Walson-Jack, in her keynote address at occasion on…
The price of a litre of Automotive Gas Oil, also known as diesel, has maintained an upward trend as it rose to a record high of N290 this week. It was reported last week that the price of a litre…
Financial experts have kicked against the proposed N900 billion for petrol subsidy in 2022 and backed the Federal Government on its total removal. They disclosed this in separate interviews with newsmen on Friday in Lagos, while reacting to the proposed…
The Board of Directors and Management of Seplat Energy Plc has appointed Prof Fabian Ajogwu and Mr Bello Rabiu as non-executive directors effective July 9. Dr A.B.C Orjiako, Board Chairman, Seplat Energy, announced the appointments in a notice posted on…
By Uthman Salami Federal government has revealed interest in advancing cooperation with Belarus in a number of areas, including oil extraction and agriculture. The was made known in a meeting between Ambassador Extraordinary and Plenipotentiary of Belarus to Nigeria, Vyacheslav…
…As TotalEnergies urge FG to pay more attention to roads, security By Gloria Akudoro The Chief Operating Officer, Gas & Power, Nogerian National Petroleum Corporation (NNPC), Yusuf Usman has disclosed that critical infrastructures especially construction of pipeline remain central to…
By Gloria Akudoro The Chairman and Managing Director, Chevron Nigeria Limited (CNL), Mr. Rick Kennedy, has identified low carbon emissions, gas development, effective industry policies, collaboration for cost reduction, and digital technology/innovation as strategic imperatives for fortifying the Nigerian Oil…
By Uthman Salami The Department of Petroleum Resources (DPR) has issued a 3-month for owners of petroleum products retail outlets in Lagos Zone to renew and regularise their operating licences. This was revealed after the recent shutting down about 140…
The Organisation of Petroleum Exporting Countries on Tuesday kicked against calls for the discontinuation of investments in the oil and gas industry, describing such calls as dangerous. Secretary-General, OPEC, Sanusi Barkindo, spoke in a keynote address on ‘Global oil market…
By Uthman Salami The Department of PetroleumResources (DPR) has reeled out five critical strategies to develop the Nigerian oil and gas sector for economic stability and growth. The Director and Chief Executive Officer, DPR, Mr Sarki Auwalu, made this disclosure…
