Oil

Recently, the foreign oil shipping firms has been asked to comply to tax law as it will no longer be business as usual as Federal government have to harness every bit of the existing resources in the nation inorder to rebuild the economy…

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called for a salary benchmark for oil and gas workers in the country. Mr Festus Osifo, National President of the union, made the call at the…

The Nigeria Army on Wednesday, confirmed its cracked down on illegal refineries in Imo and Delta, with seizure of several litres of illegally refined Petroleum products. The Director, Army Public Relations, Brig.-Gen. Onyema…

Governor Godwin Obaseki said he would want to be remembered for transforming public education and the workforce in Edo. The governor made the remark on Wednesday at the Education Week 2023 in Benin, the state capital, NAN…

Sahara Group Foundation, the social sustainability vehicle for leading energy and infrastructure conglomerate, Sahara Group, has unveiled its refreshed brand identity to reinforce its commitment to promoting access to energy and sustainable…

The House of Representatives has urged the Nigerian Petroleum Development Company (NPDC) to suspend its planned auction of the oil mining licence (OML) 11 asset. This followed the adoption of a motion of urgent national importance by Rep…

Shell, an international energy company, has agreed to pay €15 million compensation to three Nigerian farmers and their villages in Niger Delta. The farmers, with the help of the Friends of the Earth, Netherlands, and two Nigerian…

The House of Representatives has resolved to constitute an ad hoc committee to investigate a whistle-blower’s allegation of illegal sale of 48 million barrels of Nigeria’s Bonny Light crude in China in 2015 and the insurance status of the…

The Nigerian Navy has accused the Nigerian National Petroleum Corporation Limited of not revealing the true cause(s) of crude oil theft in the country, but reeling out exaggerated figures to save its face. This disclosure was made to the…

The Presidency on Friday revealed that nine oil-producing states received N625.43bn 13 percent oil derivation, subsidy, and SURE-P refunds from the Federation Account in two years. “The states that received the refunds dating from 1999…