…Says Ninth Assembly will keep to target on Electoral ammendment Bill President of the Senate, Ahmad Lawan on Thursday assured Nigerians that the Petroleum Industry Bill(PIB) which is before the National Assembly will change the fortune of the country by…
Mr Okechukwu Enelamah, former Minister of Industry, Trade and Investment, on Thursday said the full deregulation of the petroleum downstream sector would allow the industry to reach its full potential. Enelamah also advised the Federal Government to look for a…
The Organisation of Petroleum Exporting Countries (OPEC) has offered its deepest and heartfelt condolences on the passing of Sheikh Ahmed Zaki Yamani of Saudi Arabia. OPEC Secretary General, Mohammad Barkindo disclosed this in a condolence letter released on Wednesday on…
The Organisation of the Petroleum Exporting Countries (OPEC) has postponed its eighth international seminar from June 2021 to June 2022 over the COVID-19 pandemic, OPEC said on Wednesday. “The Seminar, originally scheduled for June 16 to June 17 will now…
In January 2021, consumers paid less for a litre of Kerosene than they did in December 2020. The National Bureau for Statistics (NBS) Price Watch report released for the month of January 2021 shows that the average price per litre…
Secretary-General of OPEC, Muhammad Sanusi Lamido, has condoled with the Saudi minister of energy, Prince Abdul Aziz Bin Salman, over the passing of the country’s long-serving petroleum minister, Sheik Ahmed Zakinthos Yamani. Yamani due date the age of 90. See…
As part of efforts to electrify rural communities across the country, Rural Electrification Agency (REA), has commissioned a 100kW solar hybrid mini grid in Adebayo community in Ovia South East local government of Edo state which has been without electricity…
The Minister of State for Petroleum Resources, Chief Timipre Sylva, said on Monday that the Federal Government’s National Gas Expansion Programme was expected to lift over 100 million Nigerians out of poverty. Sylva said the programme was “A practical demonstration…
Against the backdrop of the rising price of oil prices, the landing cost of Premium Motor Spirit (petrol) imported into Nigeria has increased to N186.33 per litre. It was reported on February 9 that the landing cost of PMS rose…
The Department of Petroleum Resources on Monday inaugurated an initiative aimed at tackling accidents associated with oil and gas operations through the use of helicopters to ensure the safety of lives. The Director/Chief Executive Officer, DPR, Mr Sarki Auwalu, while…
