Shell completes acquisition of Nature Energy, renewable natural gas producer
By Emeka Ugwuanyi In its cleaner energy expansion drive aimed at achieving energy transition targets, Shell Petroleum NV, a wholly owned subsidiary of Shell plc,
Author : Editor
Global oil demand surges to all-time high in December – JODI
By Emeka Ugwuanyi Global oil demand climbed in December by 1.3 million barrels per day (mbpd) to a new record high, according to new data
NIMASA bags chieftaincy title “Baatona” of Akure Kingdom
From left: Minister of State for Transportation, Prince Ademola Adegoroye; Deji of Akure, Oba Aladetoyinbo Ogunlade Aladelusi Odundun II and Director-General, Nigerian Maritime Administration and
NMDPRA to sanction marketers for delayed reporting of fire outbreaks
The Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has directed retail stations to report fire incidents in their premises within 24 hours of such occurrence
NNPCL, Gambia sign MoU on oil exploration
The Nigerian National Petroleum Company Limited has signed a Memorandum of Understanding with the Gambian National Petroleum Company for oil exploration and crude market expansion,
Minister, NUPRC disagree on cause of Nigeria’s oil losses
The Minister of State for Petroleum Resources, Chief Timipre Sylva, on Monday, insisted that crude oil losses in Nigeria were due to theft and pipeline
External reserves fall by $427m in one month – CBN
The country’s external reserves fell by $427.14million in one month, figures obtained from the Central Bank of Nigeria revealed on Monday. This is as the
Four days to polls: Naira chaos grounds economy
The chaos trailing the cash scarcity has assumed a worrisome dimension with the organised private sector raising the alarm that the crisis has grounded the
FAAC: Allocation to FG, states, LGs crashes by N240bn
The Federation Account Allocation Committee says it shared N750.17billion among the three tiers of government in January 2023. The figure represents a decrease of N240.02billion
Nigeria’s inflation index outdated, biased, says IMF
The International Monetary Fund has said the index weights and basket deployed by the National Bureau of Statistics for the monthly consumer price index are
