Oil prices jump as producers forecast rise in demand
Adebayo Obajemu Oil prices rose significantly Wednesday, reversing earlier gloomy losses, as major producer group OPEC adhered to their relatively...
Oil & Gas
IEA prognosis sees favourable global oil markets in 2024
Adebayo Obajemu According to International Energy Agency, there's favourable global oil markets outlook this year as new supplies satisfy demand...
Okwuosa, others x-ray challenges indigenous oil firms face in acquiring IOC- divested assets
Adebayo Obajemu Sir Emeka Okwuosa, Group Chief Executive Officer of Oliserv Group of Companies has highlighted the challenges indigenous oil...
Gas flaring in Nigeria to end 2030 – NUPRC
Adebayo Obajemu The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, Gbenga Komolafe, has said that intermittent,...
Landlords fume, threaten legal action against Frontier Oil over toxic wastes
Adebayo Obajemu In Edo community area of Esit Eket Local Government Area of Akwa Ibom State , landlords to a...
NNPC Ltd spent 2.9 trillion on wages, entertainment, bank charges, running cost, others in one year
By Adebayo Obajemu According to data from NNPC Ltd’s recently released audited financial report for 2022the firm spent an estimated...
NNPC or NNPCL? Time to shake up the behemoth!
Adebayo Obajemu NNPC has transmuted into a commercial, profit-driven entity, yet it's behaving like the old oil behemoth, a department...
Dangote Oil Refinery under fire over purchase of US crude
Purchase contradicts Kyari's reason for Nigeria's 20 percent stake By Adebayo Obajemu Dangote Oil Refinery has been under fire for...
Massive protests over hike in cooking gas, as FG considers measures to reduce price
By Our Reporter Following pockets of protests against hike in the prices of cooking gas and increasing hardships in Minna,Kogi...
Court orders Tinubu administration to fix prices of petrol, other items
By Our Reporter The Federal High Court in Ikoyi, Lagos, on Wednesday, gave a novel, landmark ruling in the suit...
