Professor Wumi Iledare, former President of Nigerian Association of Energy Economics (NAEE), has commended President Muhammadu Buhari for assenting to the Petroleum Industry Bill (PIB). Iledare...
President Muhammadu Buhari has signed the Petroleum Industry Bill 2021 into law. Working from home in five days quarantine as required by the Presidential Steering Committee...
In China, there were 125 new virus cases on Friday, the highest since mid-January, with authorities reportedly launching new restrictions, including flight cancellations, warnings by 46...
The Nigeria National Petroleum Corporation (NNPC) says its group operating revenue in April increased by 17.73 per cent amounting to N535.61 billion. The Corporation disclosed this...
The Nigerian government has launched a N250bn intervention facility to boost the gas value chain and encourage sustainable business development in the country. Mr Bitrus Nabasu,...
Brent crude futures traded around $70 a barrel on Thursday, the lowest since July 21 amid rising inventories and demand concerns. Government data on Wednesday showed...
The Kano Electricity Distribution Company (KEDCO) has restated its commitment to continue investing in its network to improve service delivery to its numerous customers. A statement...
The Department of Petroleum Resources (DPR) has said it is developing a Maximum Economic Recovery (MER) strategy for Nigeria to attain maximum value from its oil...
Dozens of angry protesters thronged the Ado Area Office of the Abuja Electricity Distribution Company (AEDC) over dilapidated transformers, overbilling and sales of free pre-paid metres....
The Department of Petroleum Resources (DPR) says it is formulating a Maximum Economic Recovery (MER) strategy for Nigeria to attain maximum value delivery from its oil...