

The Peoples Democratic Party has accused President Muhammadu Buhari of superintending over a corrupt fuel subsidy regime. The party asked the President to submit himself for...


The Presidency on Wednesday said President Muhammadu Buhari had yet to receive a copy of the Petroleum Industry Governance Bill recently passed into law by the...




Shell Nigeria Gas (SNG) Limited has increased its domestic gas distribution capacity by 150% over the last six months. The increase in capacity will enable the...


Oil prices steadied below 3-1/2 year highs yesterday as resistance emerged in Europe and Asia to U.S. sanctions against major crude exporter Iran, while rising U.S....




Ex-militants from the Niger Delta region, yesterday, asked President Muhammadu Buhari to resist the temptation of renewing the expired licences of all oil firms and other...




The House of Representatives on Wednesday asked the Federal Government to suspend its planned sale of the Nigerian Liquefied Natural Gas Limited. It described the NLNG...


The House of Representatives yesterday chided the management of the Nigerian National Petroleum Corporation (NNPC) over its inability to shed light on the monies to be...




Executive Secretary, Petroleum Technology Development Fund, Dr Aliyu Gusau says the Petroleum Industry Bill awaiting presidential assent has no clause for value generation which is critically needed...


With the declining United States crude oil inventories, the price of oil Thursday hit $74 per barrel, its highest in nearly four years as Saudi Arabia...


Nigeria’s bourse lifted a suspension on the trading of shares in oil company Oando on Wednesday, following a directive from the Securities and Exchange Commission (SEC),...