Why passage of PIB is delayed – Ndoma-Egba

Senate Leader, Senator Victor Ndoma-Egba, has attributed the delay in the passage of Petroleum Industry Bill, PIB, to required hectic legislative process, controversies generated...

Two dead, 8 injured in Delta pipeline explosion

Two persons were feared dead and eight others injured in an NNPC gas pipeline explosion, Saturday, at Okwokolo community, Mereje, Okpe Local Government Area...

‘We need external help to fight criminality on Nigerian waters’ – Expert

As oil theft, piracy and other criminal activities on Nigeria’s territorial waters becomes seemingly pervasive and intractable, National President of the Association of Nigerian...

NDDC boss summons contractor over project

The contractor handling the Akenfa-Gbarain bridge project embarked upon by the NDDC in Bayelsa State has been summoned to the Commission’s Headquarters to give...

Severance pay: PHCN workers give Fed Govt two weeks ultimatum

Workers of the Power Holding Company of Nigeria (PHCN), acting under the aegis of the National Electricity Employees (NUEE), yesterday handed over a two-week...

Shell Cansolv and Techip sign deal for CCS projects

Shell Cansolv has signed an agreement with project management firm for energy industry Technip to provide and market an end-to-end solution for Carbon Capture...

Oil falls below $104 a barrel as inventories rise

Oil prices on Thursday shed some of the prior day's gains after a report showed a bump upward in U.S. crude inventories. Benchmark oil for...

OPEC daily basket price stood at $106.08 a barrel Wednesday, 2 October 2013

The price of OPEC basket of twelve crudes stood at 106.08 dollars a barrel on Wednesday, compared with $105.42 the previous day, according to OPEC Secretariat calculations .  The...

Low value addition in oil, gas sector worries NCDMB

Nigerian Content Development Management Board (NCDMB), has expressed concern over the low level of manufacturing to support the country’s oil and gas sector. Executive Secretary...

Maritime security report indicates improved VIEs

There are indications that  the monthly security reports from the Lagos maritime Zone, has shown increased security surveillance in  virtually all the terminals in...

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