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Wednesday, July 28, 2021
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LATEST ARTICLES

EID-El-KABIR GREETINGS

To all our Muslim Brothers and Sisters on this wondrous occasion, may Allah flood your soul with passion, life with happiness, mind with wisdom...

Reps pass PIB, adopt 3% for host communities 

Following the report of the conference Committee on the Petroleum Industry Bill (Bill), the House of Representatives on Friday, in Abuja passed the bill, allowing...

Inflation reduces by 0.18% in June – NBS

The National Bureau of Statistics (NBS) says the inflation rate reduced by 0.18 per cent to 17.75 per cent in June from the 17.93...

Tree Planting Day: Axxela reiterates commitment to enabling eco-friendly, healthier society

 .Partners LASPARK on Restore and Recover initiative Axxela Limited has reiterated its commitment to a greener and healthier environment as it partners with the Lagos...

DPR assures Nigerians of products availability during Sallah

The Department of Petroleum Resources (DPR) has assured Nigerians of petroleum products availability during the Sallah holidays. DPR, in a statement by its Head, Public...

OPEC scribe, Mohammad Barkindo arrives Nigeria

By KAYODE EKUNDAYO The Organization of Petroleum and Exporting countries (OPEC), Secretary General, Dr Mohammad Sanusi Barkindo, has arrived Nigeria on official visit. He arrived Nigeria...

Oil prices drop after Saudi-UAE reach output compromise

Oil prices dropped on Wednesday after Reuters reported that Saudi Arabia and the United Arab Emirates had reached a compromise over a global supply...

Huawei bridging energy gap in Africa, to deploy scalable power stations

As part of efforts to bridge energy gap in Africa, Huawei, a leading global provider of information and communications technology (ICT), said it sets...

PIB: Allowing only refiners to import fuel dangerous, monopolistic- MOMAN, DAPPMAN

The Major Oil Marketers Association of Nigeria (MOMAN) and Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) have raised the alarm over a...

Nigeria lost $2.77bn to crude oil theft in 2019 – NEITI

Nigeria is said to have lost 42.25 million barrels of crude oil valued at $2.77 billion to oil theft in 2019, the Nigeria Extractive...

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Electricity generation from Egbin plant hits 883MW, loses N13.68bn to gas, grid constraints

  BY KAYODE EKUNDAYO Electricity generation from Egbin Power Plant has risen to 883MW as another 175MW unable to be utilized due to external constraints with...

Russia writes OPEC, restates commitment to cooperation

Russia has reaffirmed its commitment to the development of the constructive cooperation with the Organisation of Petroleum Exporting Countries (OPEC) both within the framework...

Oriental Energy Resources Announce Mustafa Indimi New Managing Director

Mustafa Indimi has been appointed the new Managing Director of Oriental Energy Resources Limited, a leading indigenous oil exploration and production company in Nigeria....

Shareholder protection is our priority- Lekoil Nigeria CEO

The Chief Executive Officer of Lekoil Nigeria Limited, Mr. Lekan Akinyanmi, has disclosed that the protection and growth of shareholder value remain priority in...

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