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Refineries: How Price Regulation, PIB Clip Investors’ Wings

The Federal Government’s regulation of the downstream sector of the oil & gas industry and non-passage of the Petroleum Industry Bill (PIB) are scaring...
Energy

Stillbirth of Nigeria’s private refineries

PRIVATE refinery has almost become an issue in Nigeria due to the delay in the take-off by the licensed companies, several years after being...
Energy

Crude oil Swap: Reps To Probe NNPC’s Contracts

The House of Representatives on Wednesday ordered a fresh probe of the Refined Product Exchange Agreement contracts between the Nigerian National Petroleum Corporation and...
Energy

NNPC Moves to tackle Controversial Transfer of OML 42 Operatorship to Neconde Energy.

  As  Transparency International Tells Buhari to Investigate Oil Deals under Jonathan... ...Sets-Up 3-Man  Committee .. Buhari to Probe Contentious Deal... ..Angry Oil Workers, Ex-Minister Kick, Blast...
Energy

NNPC slashes Nigeria’s crude oil prices over supply glut

The Nigerian National Petroleum Corporation, NNPC, weekend, reduced the prices of Nigeria’s crude oil grades — Bonny Light and Qua Iboe — to their...
Energy

Nigeria LNG exports reach $85 billion in 15 years: official

Nigeria Liquefied Natural Gas Company Limited (NLNG), a joint venture between the government and foreign oil majors, has generated some 85 billion dollars from...
Energy

DSS grills refineries MDs in multi-billion dollar oil deals

Another chapter was yesterday opened in the probe of the multi-billion dollar crude  swap that cost Nigeria so much cash and delivered little fuel...
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