Group demands installation of meters on oil-well heads

To better assess oil production in Nigeria, Publish-What-You-Pay Nigeria (PWYP), has asked the regulatory authorities to install meters at the country’s oil well heads,...

NEITI points out ‘fundamental error’ in PIGB

The Nigeria Extractive Industries Transparency Initiative (NEITI) has alleged a fundamental error in the Petroleum Industry Governance Bill (PIGB) passed by the Senate, The...

NERC instructs customers without prepaid meters to stop paying bills

The Nigerian Electricity Regulatory Commission (NERC) has reminded electricity consumers not provided with prepared meters by March 1 to stop paying electric bills presented...

Lekoil receives ministerial consent for OPL310 farm-in

LEKOIL (AIM: LEK), the oil and gas exploration, development and production company with a focus on West Africa, is pleased to announce that the...

Adeosun, Reps disagree over oil, gas exports

The Minister of Finance, Kemi Adeosun, says no laws have been breached by the ministry in the process of engaging pre-shipment inspection agents and...

Reps uncover $15bn in unremitted oil, gas revenue to federation account

The House of Representatives Ad hoc Committee investigating the allegedly missing 17 billion dollars crude oil and Liquified Natural Gas revenue, on Monday uncovered...

Relevant agencies do not verify NNPC crude oil claims – Reps

It emerged Monday that revenue agencies do not bother to investigate and confirm claims on crude oil production and sale by the Nigerian National...

Implementation of oil and gas sector audit reports still weak – NEITI

The Executive Secretary, Nigeria Extractive Industries Transparency Initiative (NEITI), Mr. Waziri Adio has said that the country’s implementation of remedial issues contained in the...

NERC mulls monthly review of consumers’ electricity tariff

The Nigeria Electricity Regulatory Commission (NERC) has disclosed that it is considering a major adjustment in the calculation of electricity tariff to be paid...

PPPRA denies any attempt to increase petrol price

The Petroleum Products Pricing Regulatory Agency (PPPRA) has debunked the purported attempts to increase the pump price of Premium Motor Spirit (PMS) popular known...

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