By Umar Suleiman Minister of State for Petroleum Resources, Chief Timipre Sylva, has condemned Nigeria’s energy poverty amidst enormous natural resources in the oil, gas and...
The N3.92 trillion spent as subsidy on Premium Motor Spirit, popularly called petrol, from January 2020 to June 2022 is higher than the cumulative individual federal...
The Federal Government is set to re-open the Trans Niger Pipeline that transports about 180,000 barrels of crude oil daily. The pipeline was shut down six...
Oil is generally a critical commodity globally since it signifies the power of industrialization and affects the economy. Most people prefer to trade oil in oil...
By Olamide Onabanjo As Nigeria’s oil production crashed below the one million barrels per day mark in August, the fiscal woes of the country deepened as...
Nigeria will be able to send more Liquefied Natural Gas to Europe by next winter, the Federal Government stated on Wednesday. Minister of State for Petroleum...
In response to the alleged inflation of petrol imports and consumption in Nigeria, the Nigerian National Petroleum Company (NNPC) Limited has insisted that average petrol supply...
As part of the country’s renewable energy production, the Federal Government on Wednesday announced that 10 states were to contribute 1,000 megawatts of off-grid electricity. It...
Oil theft and vandalism in Nigeria have been blamed as the country’s oil production slumped by 28 million barrels between January and July 2022, threatening the...
In his capacity as Minister of Petroleum Resources, and in consonance with the country’s drive for Foreign Direct Investment in the energy sector, President Muhammadu Buhari...
