Transcorp, Efora Energy settle legal disputes on Oil Prospecting licence

Adebayo Obajemu Transnational Corporation of Nigeria Plc  has announced that it has entered into an agreement with Sacoil Holdings Limited (now Efora Energy Limited) to...

PIB bringing more gas-to-power infrastructure coming – Omo-Agege

BY EMEKA EJERE Going by the provisions contained in the Petroleum Industry Bill (PIB), more gas infrastructure required for power generation would be constructed in...

Era of $30 per barrel of oil no longer exist – Kyari warns

OBINNA EZUGWU The Group Managing Director of Nigeria National Petroleum Corporation (NNPC), Mallam Mele Kyari, has noted that given the reality of Coronavirus and today's...
Calabar power plant

FG to sell power plants in Calabar, Geregu, Omotosho for N434bn

FG to sell power plants in Calabar, Geregu, Omotosho for N434bn Nigeria's federal government has said it plans to sell power plants in Calabar, Geregu...
25 km gas pipeline in Aba

Nigeria’s natural gas production rises to 47bscm

Adebayo Obajemu Statistics from the Organization of the Petroleum Exporting Countries, OPEC, have shown that Nigeria grew its natural gas production to 47 billion standard...

Update: PDP lampoons Buhari over hike of petrol price to N170 per litre, says...

OBINNA EZUGWUThe People's Democratic Party (PDP), has described as wicked and unbearable, the recent hike in the pump price of Premium Motor Spirit, also...
PENGASSAN

Fuel scarcity looms as PENGASSAN declares strike over IPPIS system

Nigeria faces threat of scarcity of premium motor spirit otherwise called fuel as the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN)...
Oando tank farm on fire

Fire engulfs Oando tank farm in Lagos

An Oando tank farm Terminal 1 managed by OVH Energy, at  Gaskiya Road, Ijora Badia, in Apapa, Lagos, was on Thursday, gutted by fire. Eye...

FG signs $272m power plant agreement with Transcorp

  Nigeria’s federal government will today, sign an agreement with Transcorp Consortium, the preferred bidder of Afam Power Plant, with a bid sum of N105...