Marginal fields bid round projected to boost Nigerian content

The Chairman and Chief Executive Officer of ELSHCON Nigeria Limited, Dr. Emi Membere-Otaji has stated that if successfully implemented, the planned marginal fields bid...

Bribery control failures: NNPC’s insurance broker fined £1.8m in UK

United Kingdom’s Financial Conduct Authority has fined JLT Specialty Limited over £1.8 million for failing to put appropriate checks and controls in place to...

NERC harps on transparency in the power sector

The National Electricity Regulatory Commission (NERC) is set to influence the culture of transparency and accountability in Nigeria’s electricity sector. The culture is aimed at...

Nigeria gets weak rating in crude oil resources management

Nigeria received a “weak” score of 42, ranking 40th out of 58 countries in performance on the Resource Governance Index (RGI) in oil and...

Missing oil revenue: FG beams searchlight on oil and gas sector

With the searchlight still beaming on the nation’s oil and gas sector over allegations of missing revenue,   the Federal Government yesterday   inaugurated an Inter-Ministerial...

NERC plans Uniform System of Accounts for electricity sector

The Federal Government has concluded plans to implement a uniform system of accounts in the power sector of the nation’s economy. The system is to...

Content Board reads riot act to oil, gas contractors

The Nigerian Content Development Monitoring Board (NCDMB) has fret over the unpatriotic attitude of the foreign Engineering, Procurement and Construction (EPC) contractors in the...

Concerned Nigerians raise dust over anti-Nigerian policies by Saipem

  Some concerned Nigerians have alleged that a Lagos-based Italian Oil and Gas company, Saipem, engages in what they called ‘anti-Nigerian Policies ‘ to the...

Malabu oil deal: Delay in circulating report stalls consideration

The delay in the circulation of the report of the ad hoc committee on the transaction involving the federal government, Shell, Agip and Malabu...

Pipeline contract: House probes firm

The House of Representatives yesterday mandated its committees on petroleum resources downstream and upstream to probe the entire surveillance contract of OML 26/30 awarded...

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