The National Economic Council (NEC) has that decision on the removal of subsidy on petroleum will be made in June when the provision for its payment...
Nigeria exported 17.9 million metric tons (MMT) of Liquefied Natural Gas (LNG) in 2021 to top African exporters chart. This is according a report published by...
President Muhammadu Buhari, yesterday announced the appointment of Sen. Margrey Chuba-Okadigbo, wife of the late former President of the Senate, Dr. Chuba Okadigbo, as Board Chairman...
Adebayo Obajemu The Organization of Petroleum Exporting Countries, OPEC, and non-OPEC partners have come into agreement to further raise output by 400,000 barrels a day from...
Adebayo Obajemu Against all expectations, Nigeria’s plan to achieve 25, 000megawatts target by 2023 may prove a pipe dream as Business Hallmark has learnt. The much...
The Organization of the Petroleum Exporting Countries (OPEC) has appointed Kuwaiti’s Haitham Al-Ghais as its next Secretary-General. OPEC in a statement issued after its special video...
Rivers State governor, Nyesom Wike, has ordered the shutdown of illegal crude oil refining sites in the state with immediate effect, amid growing soot pollution in...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it is set to close out the 2020 marginal field bid round programme. Mr Gbenga Komolafe, the commission’s...
Adebayo Obajemu According to the report from the National Oil Spill Detection and Response Agency, NOSDR, Nigeria lost $169 million, an equivalent of N69.53 billion, in...
