The Energy Regulatory Commission has lowered the price of a litre of super petrol by 1 shilling and 58 cents to retail at Sh 113.68. The move comes after a slump in international ... Read more »
According to a report released by the International Energy Agency, an energy policy advisor to the industrialised countries, Nigeria's Federal Government as well as local and ... Read more »
The House of Representatives will begin the debate on the proposed implementation of the Petroleum Industry Bill that has elicited mixed reactions across the country. Read more »
The government had initially proposed the energy minister be responsible for granting and revoking licenses, negotiating and endorsing petroleum agreements and approving field ... Read more »
The two countries have agreed to boost production in Sudan and further develop the Khartoum oil refinery. Read more »
There are still widespread and varied reactions to Mallum Ribadu's Petroleum Revenue Task Force report that was released recently. Read more »
Dutch oil company Shell says it has halted production at the Imo River trunk line at its eastern operations after several crude oil thefts were discovered at the facility. Read more »
Otedola of Zenon Petroleum and Gas Company in a suit filed at an Abuja High Court, is seeking N250 billion in damages from House Speaker, Hon. Aminu Tambuwal, and suspended ... Read more »
The Presidency has lambasted the Economic and Financial Crimes Commission for a bad presentation of the report - which they say was overtly politicized and confusing. A week ago, ... Read more »
Security has been beefed up at the Federal Ministry of Finance, following an alarm by the Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Onkonjo-Iweala, ... Read more »
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