The Independent Petroleum Marketers Association of Nigeria (IPMAN), said it has not issued any directives on its members to shut down services in the South East...
Brent crude futures rose by 0.63% to a more than 6-week high of $73.9 a barrel on Tuesday, gaining for the second day, amid concerns about...
Lagos State Government, through its Ministry of Energy and Mineral Resources, on Tuesday signed a Memoranda of Agreement (MOA) with Ikeja Electric and Sahara Power Group...
Nigeria’s cabinet has approved N470.8 billion for the purchase of maintenance equipment for the nation’s power sector. Minister of Power, Abubakar Aliyu, revealed this while briefing...
The Nigeria Labour Congress (NLC) has threatened to embark on a nationwide industrial action if an increment in electricity tariff is implemented. The notice addressed to...
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari, on Wednesday, provided detailed explanations on some burning oil industry issues at...
Brent crude futures were up more than 2% to above $66 a barrel on Monday, ending a 7-day losing streak and attempting to rebound from a...
Host Communities of Nigeria, Producing Oil and Gas (HOSCON) says it supports Federal Government’s three per cent allocation provision in the Petroleum Industry Bill (PIB) recently...
International Oil Companies, IOCs, operating in Nigeria, are indebted to the Niger Delta Development Commission, NDDC, to the tune of US$ 4billion. Minister of the Niger...
The Minister of Information and Culture, Alhaji Lai Mohammed has said the Petroleum Industry Act (PIA) signed by President Muhammadu Buhari will ensure transparency and accountability...