Lagos — Over the past ten years, oil and gas operators have been focusing on production growth at all costs, but in 2020 they switched their initiative to returning value to investors.... Read more
NEW YORK — Strong economic data from China and the United States helped lift oil prices by 1% on Tuesday, recouping some of the previous session’s losses. Brent rose 59 cents, or 1%, t... Read more
Mkpoikana Udoma Port Harcourt — Victims of oil spills in Okogbe community, Ahoada West LGA of Rivers State, have demanded for justice over the spills incident from SPDC facility which... Read more
Ike Amos Abuja — Oil producing states in the country received a total of N454.35 billion from the Federation Account in 2020, under the 13 per cent Derivation Principle, according to d... Read more
Oslo — Norway will press ahead with North Sea wind power this year, awarding its first development licences as it spurs the transition of its oil and gas industry and despite its alrea... Read more
*Says transition fuels unavoidable Lagos — As the world transits to cleaner energy, the Nigerian National Petroleum Corporation (NNPC) has affirmed Nigeria’s preparedness to play a str... Read more
Mkpoikana Udoma Port Harcourt — A Magistrates Court in Port Harcourt has sentenced a 35-year-old man, Etim Offiong, to one year jail term for vandalising four core armoured cables from... Read more
Mkpoikana Udoma Port Harcourt — Akwa Ibom State Governor, Udom Emmanuel, says the commencement of the $1.4billion fertilizer plant project in the State by OCP Africa, will have a posit... Read more
*NOGICD Act mandates NCDMB to develop projects-Wabote Lagos — From an undesirable position of importing LPG (cooking gas) cylinders, Nigeria is on course to become the world’s largest... Read more
Lagos — Oando and Seplat have closed the Mid-Week trading on the floor of Nigerian Stock Exchange with gains. Oando opened the market activities with N2.9 and closed with N3.04 in 57 t... Read more
