FG moves to tackle electricity meter extortion

The Federal Government has intensified efforts to check extortion associated with sourcing electricity meters in the nation. The moves presently made through the Nigerian Electricity...

Oil theft, piracy: FG to impound erring ships

In a bid to deepen its strategy for fighting piracy, oil theft  and other criminal activities in the nation’s waters, the federal government is...

Nigeria’s oil, gas sector and quest to achieve Vision 20:2020

Nigeria has only seven years to know if it can achieve the ambition of becoming one of the 20 leading economies in the world. The...

Firms should invest in structures – Sunmonu

Managing Director of Shell Petroleum Development Company of Nigeria Limited (SPDC), Mutiu Sunmonu, yesterday urged Nigerian companies to invest in the development of world-class processes and...

NERC generates N4.1bn revenue in Q3

The Nigerian Electricity Regulatory Commission (NERC) has disclosed that it got 4.1 billion naira as Internally Generated Revenue (IGR) between the first and third...

Hajj forces Senate to postpone second PIB hearing

The controversial Petroleum Industry Bill (PIB) has suffered another setback in the Senate as the ongoing Hajj operations have forced a postponement of a...

Stakeholders harp on safety, environmental protection

Oil and gas industry stakeholders that gathered recently at a forum organised by Richardson Oil and Gas have stressed the importance of Health, Safety,...

Nigeria lost $390b to corruption in oil, procurement contracts in 39 years – Group

Nigeria may have lost an estimated $39 billion to corruption in contracts procurement in various sectors, particularly the oil and gas sector, Public Procurement...

Bumpy road to passage of the PIB

Just as Salman Rushdie, author of the controversial Satanic Verses, courted the angst of a section of the Moslem Ummah across the globe, it...

Senate queries PTDF’s N57b backlog claim

Sequel to the Petroleum Technology Development Fund’s (PTDF) cry of possible bankruptcy over the weekend, the Senate Committee on Petroleum (Upstream) has issued the...

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