The Organisation of Petroleum Exporting Countries (OPEC) disclosed on Tuesday that Nigeria reported only 1.024 million barrels per day production in May. But while direct country...
Inability to purchase diesel required to power tankers and transport Premium Motor Spirit (PMS) popularly called petrol, to various outlets has forced about 75 per cent...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has disclosed that Nigeria’s oil production dropped in May to an average of 1.02 million barrels per day (bpd)...
Adebayo Obajemu The federal government’s bid to maintain uptick in oil production has failed due to incessant pipelines closures. According to Ambrose Omokhordion, an oil &...
Adebayo Obajemu Nigerian Content Development and Monitoring Board (NCDMB) and National Insurance Commission (NAICOM) have signed joint insurance regulations The new NAICOM, NCDMB Guidelines are expected...
Adebayo Obajemu For the sixth time this year, the country’s wobbly national electricity grid reportedly collapsed yet again, throwing several cities including the federal capital Abuja...
Heirs Oil and Gas Ltd and ND Western Ltd are competing for Shell’s 30% stake in the joint venture, which manages assets in the Niger Delta...
Adebayo Obajemu According to reports, the price of OPEC basket of thirteen crudes was at $121.54 a barrel on Wednesday, compared with $120.16 the previous day,...
BY EMEKA To speed up the metering of its customers in certain areas, the Eko Electricity Distribution Company (EKEDC), on Wednesday, inaugurated a mobile metering...
