Global leaders must have a rethink on energy poverty in order to save around three billion people using unclean fuels for cooking and over one billion others without access to Continue Reading
Nigeria is sitting on between 20 and 34 million barrels of unsold crude, Nigerian media report , quoting a Platts survey of tenders for July loadings. This goes counter to Continue Reading
There are indications that international oil market is haunted by low demand as unsold Nigerian stocks have been estimated at between 20 and 34 million barrels. A market survey by Continue Reading
Niger Delta Activists Forum, NDAF, has warned of planned attacks on oil facilities in the Niger Delta belonging to Nigeria Agip Oil Company, NAOC. Addressing newsmen yesterday, the group said Continue Reading
NIGERIA suffered a major power cut on the first day of its World Cup campaign, according to local reports. The power grid melt down came on the same day the Continue Reading
A leak of private property data in Dubai has shed new light on how the proceeds of a notorious $1.3 billion oil deal involving Shell may have been spent on Continue Reading
With continued plummeting of crude oil prices, Nigeria now records a monthly average of N15.859 billion as under-recovery on importation of petrol or Premium Motor Spirit (PMS) into the country. Continue Reading
The Federal Republic of Nigeria and the Kingdom of Morocco on Monday in Rabat, Morocco, signed three agreements, which includes a regional gas pipeline that will see Nigeria providing gas Continue Reading
The Federal Government has remained docile over the need to review the Production Sharing Contract (PSC) signed about 25 years ago between the Nigerian National Petroleum Corporation (NNPC) and International Continue Reading
The Federal Government has remained docile over the need to review the Production Sharing Contract (PSC) signed about 25 years ago between the Nigerian National Petroleum Corporation (NNPC) and International Continue Reading
