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Oil Price Falls To $72 As OPEC+ Jerks Up Nigeria’s Oil Output By 30.6%!

...To 1.829 million bpd  The price of brent crude -- international oil benchmark -- dropped by $1.2 to $72.39 per barrel early Monday, less than...
Business

Osinbajo: Nigeria on Track on Global Cleaner Energy Drive

The Nigerian National Petroleum Corporation (NNPC) started its week with assurance that Nigeria remains on track on the global demand for cleaner energy. Emphasizing on...
Business

How TCN Concession ‘ll Promote Efficiency In Power Sector — Proton Energy Boss

Chief Executive Officer, Proton Energy, Mr Oti Ikomi has backed the federal government's plan to concession the Transmission Company of Nigeria (TCN) to allow...
Business

Updated! PIB Stalls As Reps. Disagrees With Senate, Steps Down Report

Insists On 5% To Oil Host Communities The House of Representatives on Thursday has stepped down the adoption of the conference...
Business

Just In! PIB: Senate Adopts 3% Equity Share For Host Communities; S-South Senators Protest

The Senate, on Thursday has passed the conference report of the National Assembly on the Petroleum Industry Bill (PIB). The Conference Committee of the Senate...
Business

Dump Frontier Basins For Clean Energy, CSOs Tell FG, Fault PIB

...Bill Negates Nigeria’s Commitment To Paris Agreement Fault PIB For Giving Oil Companies Overriding Power To Nominate All Members of BoT...
Business

OPEC Commends Buhari, NASS On PIB Passage

The Organisation of Petroleum Exporting Countries (OPEC) has commended President Muhammadu Buhari and the National Assembly on the passage of the Petroleum Industry Bill...
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