04 January 2017, Lagos – There are strong indications that the Nigerian National Petroleum Corporation (NNPC) may cancel the Olokola…
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04 January 2017, Lagos – ExxonMobil Corporation, represented by its board of directors, has reached an agreement with a former…
04 January 2017, Lagos – Crude oil prices tuesday, the first trading day of 2017, hit an 18-month high, buoyed…
04 January 2017, Abakaliki – The Minister of Science and Technology, Dr. Ogbonnaya Onu, has said that the Federal Government will…
04 January 2017, Abuja – Transmission Company of Nigeria on Wednesday wheeled out about 3,959 megawatts of generated electricity to…
04 January 2017, Abuja – The Nigerian National Petroleum Corporation (NNPC) on Wednesday released names of 39 bidders for the sale…
The agency therefore, said that pioneer status should not be granted to any company in the oil and gas sector, unless it is evidently clear that the company is actually pioneering an aspect of the industry in the country.
Abdullahi attributed the discrepancy between the load allocation from the National Control Centre and the load taken by the company to system “instability and capacity limitation of Transmission Company of Nigeria’s infrastructures.”
04 January 2017, Sweetcrude, Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $53.13 a barrel…
He described ghost workers’ syndrome as another form of corruption, saying, “In fact, it is a glorified way of corruption, where state governments and other employers of labour use the payroll.”