You Are Browsing ‘Oil’ Category

30 June 2015, Lagos – The Federal Government has been urged to exercise caution in thecall for the removal of petroleum subsidy, and instead focus onaddressing all the economic bottlenecks sabotagingNigeria’s common wealth. An economist,Mr. Henry Boyo, argued that the direct removal of subsidy will...

Kunle Kalejaye 01 July 2015, Sweetcrude, Lagos – Oando Plc, an indigenous energy group, has agreed to divest 60 percent equity stake of its downstream...

30 June 2015, ABUJA – President Mohammadu Buhari, Tuesday, assured that his government would ensure adequate protection of oil and gas installations...

Oil price drop 30 June 2015 – Oil futures hovered below three-week lows on Tuesday after Greeks took to the streets to protest against austerity...

30 June 2015, Abuja – vPresident Muhammadu Buhari’s decision to dissolve the Board of the Nigerian National Petroleum Corporation, NNPC, has been...

30 June 2015, Port Harcourt – The Petroleum Industry Bill, PIB, passed by the 7th House of Representatives at the expiration of its tenure may have...

30 June 2015, Abuja – It is not yet Uhuru for the Petroleum Industry Bill (PIB) as the APC transition committee has advised President Muhammadu Buhari...

30 June 2015, Abuja – A panel of four governors was, Monday, constituted to probe the affairs of the Nigerian National Petroleum Corporation, NNPC,...

30 June 2015, Abuja – President Muhammadu Buhari on Monday, again, ordered all federal government’s revenue generating agencies to remit all monies...

29 June 2015, Abuja – The Speaker of the House of Representatives, Mr. Yakubu Dogara, on Monday challenged the former All Progressives Congress Interim...