Sahara Group to inject $1 billion into LPG vessels, infrastructure in Africa
Emmanuel Marcaulay Leading energy and infrastructure conglomerate, Sahara Group, has promised to invest over $1billion (USD) to enhance access to...
Oil & Gas
Crude oil price gained 5% in September boost by gas – OPEC
By Akpobor Jirue, Abuja Crude oil prices rose by $3.55 or 5.0% in the month of September when compared to...
OPEC+ producing less crude than it’s supposed – Platts
A survey conducted by crude oil market experts, Platts has shown that OPEC+ is producing less oil than it is...
PIA implementation: Buhari insists on 12-month transition period
..... assured of improved power supply by 2025 Oredola Adeola President Muhammadu Buhari, on Monday, gave an indication that the...
Govt agencies trade blame over hike in price of cooking gas, oil cartel fingered
Yinka Oladele Emerging facts have pointed to reasons for the scarcity and skyrocketing hike in price of Liquefied Petroleum Gas(...
Senate confirms four board members for downstream regulatory authority
By Akpobor Jirue, Abuja The Nigerian Senate on Thursday confirmed four nominees presented by President Muhammadu Buhari last week as...
Only domestic refining of petroleum products can salvage Nigeria economy – Experts
Solomon Ezeme As the nation continues to grapple with the dual challenge of increased spending on the importation of petroleum...
Senate confirm NURC members approved Komolafe as CEO
By Akpobor Jirue, Abuja The Nigerian Senate on Wednesday confirm the appointment of board members of the Nigerian Upstream Regulatory...
Bonny price hits $80 per barrel for first time in three years
The price of Nigeria's premium grade, Bonny Light, hit $80. 73 per barrel, over recovery from the coronavirus pandemic, less drilling...
Nigerians consumed 1.74bn litres of petrol in August – PPPRA
By Akpobor Jirue Abuja The Petroleum Products Pricing Regulatory Agency (PPPRA), on Monday said about 1,735,624,740 litres of Premium Motor...
