With production declining and investment scarce, the Angolan leadership has put in place a number of new policies to reboot its oil industry and propel economic development. However, those changes Continue Reading
Nigeria ranks among the top 10 cheapest petrol selling countries in the world, a policy group has revealed in its latest report. In its report released on 15 January, the Continue Reading
Nigerian presidential hopeful Atiku Abubakar on Wednesday branded the state-run oil company a “mafia organisation” and pledged to privatise it if he is elected. Abubakar said he had tried to Continue Reading
The Nigerian National Petroleum Corporation (NNPC), bemoaned the rising incidents of pipeline vandalism across the country, stating that in October 2018, its pipeline network suffered a 42.9 per cent increase Continue Reading
The Dangote Oil Refining Company (DORC) Limited, said it took delivery of one of the major components of its refinery equipment; the regenerator for the residual Fluid Catalytic Cracker last Continue Reading
The United Nations says Nigeria lost an estimated 2.8 billion dollars in revenues in 2018, mainly due to oil-related crimes. This is according to a new ‘Report by the Secretary-General Continue Reading
Chineme Okafor reviews a new report that revealed that Nigeria’s petroleum products pipelines are in a state of disrepair and need to be fixed or replaced The outcome of a Continue Reading
Suspected militants may have renewed hostilities against oil companies operating in the Niger Delta. For example, a group yesterday claimed it was behind the attack on an oil pipeline at Continue Reading
The federal government will spend over N3 billion on fuel, generators and plants across 602 ministries, departments and agencies this year. These figures do not include money voted by the Continue Reading
Egina field to push output by 10% in 2019 Energy bill key to sector’s renaissance Fiscal, militancy challenge ahead of elections London — Nigeria’s oil sector is in urgent need Continue Reading
