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U.S. bans all energy imports from Russia
.As Russia warns of $300/bbl oil price President Joe Biden, yesterday, banned the import of Russian energy products…
Oil, gas coys owe federation accounts N1.32trn in 2020, says NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI), has put 51 oil and gas companies liabilities to the Federation…
NNPCL expresses interest in power plants
Nigerian National Petroleum Company Limited (NNPCL), has expressed interest to participate in the acquisition of the power plants…
Seplat, ExxonMobil sale, purchase agreement, intact
Seplat Energy Plc yesterday, denied some newspaper and social media reports that the Nigerian National Petroleum Company Limited…
SERAP asks FG to probe spending on refineries
Socio-Economic Rights and Accountability Project (SERAP) has given the federal government seven days to set up a probe…
Emefiele says Free Zone will decongest Lagos ports
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says the commencement of operations at the Lagos…
FCCPC orders airlines to suspend airfare hike immediately
The Federal Government has ordered airlines operators in Nigeria to immediately suspend the hike in fares on the…
Shell/NNPC JV sign gas deal with Dangote Fertiliser
The Shell Petroleum Development Company of Nigeria Limited (SPDC) and its joint venture (JV) partners, yesterday, signed an…
CPPE says Russia, Ukraine war may impact Nigeria’s economy
The Centre for the Promotion of Private Enterprises (CPPE), says the conflict between Russia and Ukraine will affect…
IEA countries to release 60M barrels as oil prices soar
The United States and other member states of the International Energy Agency (IEA), yesterday agreed to release 60…