As militants continue to attack oil installations in the Niger Delta despite military presence, a UK expert, Dr. Malcolm Whitworth, has recommended use of Remote Sensing in combating pipeline vandalism in Nigeria.
Angola has, for the third time in ten months, overtaken Nigeria as the largest oil producing country in Africa, the Organization of Petroleum Exporting Countries (OPEC) has said.
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) over the weekend rejected the proposed plan by the House of Representatives to amend the Nigeria Liquefied Natural Gas (NLNG) (Fiscal Incentives, Guarantees and Assurances) Act.
US multinational company, General Electric (GE), on Tuesday, offered to invest in the nation's three refineries located in Port Harcourt, Warri and Kaduna.
The Organisation of Petroleum Exporting Countries, OPEC, has said that the global demand for energy will rise by 40 percent or 108.2 million barrel of oil equivalent per day (mboe/d), by 2040.
The Federal Government, on Monday, indicated its desire to stop oil importation into the country, while it called on the International Oil Companies, IOCs, to invest in the building of refineries in the country.
The Transmission Company of Nigeria (TCN) has blamed a fire outbreak at its Afam V power station as been responsible for the poor power situation in the country.
The Nigerian National Petroleum Corporation, NNPC, has again assured Nigerians that there won’t be any hike in the price of Premium Motor Spirit, PMS, also known as petrol.
Nigerian National Petroleum Corporation, NNPC, on Wednesday said that the Kaduna, Port Harcourt and Warri refineries had recommenced the production of Dual Purpose Kerosene, DPK, and Automotive Gas Oil, AGO, also known as kerosene and diesel respectively.