Of Nigeria’s refineries, proposed sale and failed attempts

Last week, the news of the Federal Government’s plan to sell the four state-owned refineries by next year came out of the blues and...

DPR blames town planning authorities for illegal filling stations

Indiscriminate citing of filling stations in odd places across Nigerian cities would continue unless the town planning authorities are called to order, the Department...

OPEC to keep oil supply target steady next week: Survey

OPEC will keep its crude production limit unchanged next week as it anticipates demand in line with its current target, and as members struggle...

FG to stop kerosene subsidy in 2014

There are indications that the Federal Government will stop kerosene subsidy in 2014 bringing to an end a scheme that has been widely criticised...

NLPGA leads discussion on autogas

The Nigerian Liquefied Petroleum Gas Association’s third annual conference will focus on autogas and the environment, the association’s President, Mr. Dayo Adeshina, has said. The...

Despite climate fears, world economy runs on fossil fuels

Statoil Chief Executive Officer Helge Lund said those advocating for a future without fossils fuels are pining for a future economic era that may...

Nigeria’s oil sector expected to expand further

The role of locally-owned firms in Nigeria’s oil sector is expected to expand further in coming years, even as international producers move away from...

India seeks closer ties with Nigeria on energy, maritime security

Indian Government has called for the deepening and expansion of the existing multi-dimensional cooperation between India and other African countries, especially Nigeria in the...

‘Nigeria may miss LPG consumption target’

The Federal Government’s aspiration to drive the consumption of Liquefied Petroleum Gas (LPG) to about one million tonnes a year by 2015 may not...

Seven Energy explains interest in OMLs 4, 38, 41

Seven Energy, an indigenous Nigerian Exploration and Production (E & P) company, has stated that it has indirect interest in oil mining leases (OMLs)...

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