LAGOS-As part of its current campaign to stabilise the naira, the Central Bank of Nigeria over the weekend said it would sanction any authorised forex dealer...
LAGOS-Nigeria lost about $170.166 million, around N27.227 billion to gas flaring in one month, as oil and gas companies flared 39.07 billion Standard Cubic Feet (SCF)...
By Kunle Kalejaye The recent drop in global crude oil prices has spur the Petroleum and natural Gas Senior Staff Association of Nigeria to call on effective collaboration...
…handles 5.2mmt refined petroleum products By Kunle Kalejaye Cargo throughput handled at Nigerian ports in the third quarter of 2014 stood at 22.3 million metric...
ABUJA-President Goodluck Jonathan, Monday, said his decision to postpone the ground-breaking ceremony for the multi-billion Naira Gas industrial Park was not ‘in furtherance of any anti-Itsekiri...
LAGOS-The cut in gas supply to no fewer than 87 manufacturing companies in the Agbara and Ota industrial belts of Lagos and Ogun states has cost...
LAGOS-Italian major Eni said CEO Claudio Descalzi and Sonangol Chairman Francisco de Lemos Maria signed Monday a strategic agreement to co-operate in developing gas resources in...
Nigeria is not broke, Nigerians are broke’ By Dele Sobowale “Already, some states are having difficulty with the payment of salaries of their workers. Many have issues...
By Kunle Kalejaye Fire has gutted a 150MVA, 330/132kv power transformer and control cables attached to two other 150MVA power transformers in Kumbotso Transmission Substation in...
ABUJA-Nigeria’s Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, following consultations with the Executive Governor of Delta State, Dr. Emmanuel Uduaghan has announced the rescheduling of the...
