FG to provide N37bn for meters supply following court settlement

The Minister of Works, Power and Housing, Mr. Babatunde Raji Fashola, while speaking at the 21st monthly power sector operators meeting held in Asaba,...

National Assembly extends passage of PIB to Q1 2018

The National Assembly has moved the passage of the other three versions of the Petroleum Industry Bill (PIB) to the first quarter of 2018,...

Nigeria’s electricity law one of the best in the world – Fashola

The Minister of Power, Works and Housing, Babatunde Fashola, speaking at the 2017 Power Africa Nigeria Conference in Abuja on Thursday, said that the Electric...

Stakeholders seek effective legislation for development of Nigeria’s gas sector

Operators in the Nigerian oil and gas sector at the opening session of a three-day Nigeria Gas Summit 2017, which started yesterday in Lagos,...

Saraki says PIB passage to be completed before 2018

The President of the Senate, Dr. Bukola Saraki, speaking at the Nigeria Oil and Gas Industry Research and Development Fair and Conference 2017 organised by...

High Court orders seizure of Oando’s oil rigs over N4.7bn debt

A Federal High Court sitting in Port Harcourt, Rivers State, has ordered the arrest and detention of three crude oil drilling rigs belonging to...

Taleveras denies lifting crude from Atlantic Energy

The attention of Taleveras legal team have been drawn to online publications related with a case against Atlantic Drilling Fluids, this legal case is...

Addax agrees to pay 31m Sfr to settle Swiss bribery charges

The Geneva prosecutor's office said on Wednesday that Addax Petroleum has agreed to pay 31 million Swiss francs ($32 million) to settle charges of...

Kano, Kaduna, Lagos listed as host communities in Reps new PIB

The new Petroleum Industry Bill (PIB) before the House of Representatives has expanded the concept of host communities to include some non-oil states, Daily...

Acting President Osinbajo finally signs 2017 budget into law

Acting President Yemi Osinbajo signed the 2017 budget into law on Monday afternoon, according to Sahara Reporters. The budget, dubbed the “Budget of Economic Recovery...

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