Over $20bn Lost To Delayed Reforms In Oil Sector – NNRC
The continued delay in the reform of the Nigerian Petroleum Industry has resulted in the loss of not less than $20billion in direct investments annually,
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Oil rallies on rise in crude appetite
OIL futures headed higher yesterday as a monthly report from the International Energy Agency (IEA) forecast a record rise in demand for crude and its
Suspense as airlines resume operations without bailout
Eleven carriers await NCAA’s clearance We’re checking compliance with safety guidelines, says regulator ‘Airlines will collapse without govt’s palliative, new business model’ Regulators and operators
Gas-to-power: Revisiting policies to drive domestic utilisation
Considering its huge reserves and potential for economic transformation, Nigeria is considered to more of a gas nation, against its reputation as an oil-producing country.
How operators can survive post-pandemic economy’
For operators in Nigeria’s oil industry to survive in the post-COVID-19 environment, they need to embrace new normal and seek ways to embrace cost optimisation
Increased trade activities post-lockdown to drive VLSFO demand’
An increase in demand for Very Low Sulphur Fuel Oil (VLSFO) that would see prices strengthen is expected as economies begin to recover and trade
Africa’s oil-producing countries relocate headquarters from Nigeria to Congo
Oil-producing countries in Africa, under the aegis of African Petroleum Producers Organisation (APPO), Tuesday, agreed to relocate the headquarters of the organization from Nigeria to
Debt: Gencos, gas firms to get N272.6bn from FG
The Federal Government is to pay electricity generation companies and gas firms about N272.59 billion for 2020 and part of 2019, document sighted by Daily
Transparency: NEITI commends NNPC for publishing audited accounts
The Nigeria Extractive Industries Transparency Initiative (NEITI), has commended the decision of the Nigeria National Petroleum Corporation (NNPC), to make public its audited accounts and
