Oil and Gas

Analysts tap 2023 election as major reason for suspending petrol subsidy

SOME industry analysts have reacted to the Federal Government's planned suspension of petrol subsidy removal, citing the 2023 general...
Harrison EDEH -

FG, labour face-off worsens crisis of PMS deregulation in penultimate election year

THE Federal Government's current face-off with the Nigeria Labour Congress (NLC) will likely worsen the crisis of full deregulation...
Harrison EDEH -

Lawyers fault action as Seplat terminates Avuru’s appointment

SEPLAT Energy has terminated the appointment of Austin Avuru as non-executive director. In a regulatory filing by the oil firm...
Joseph OLAOLUWA -

NNPC’s operating revenue, expenditure drop to N1.62trn in June – Report 

NIGERIAN National Petroleuum Company, NNPC, Limited said its operating revenue and the expenditure has dipped to a total of...
Harrison EDEH -
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Petrol subsidy cuts NNPC’s remittance to N14bn in October, least in 10 months

PETROL subsidy has reduced the Nigerian National Petroleum Corporation (NNPC)'s remittance to the federation account to N14. 85 billion...
Harrison EDEH -

Upstream Regulatory Commission to explore provisions of PIA in tackling oil spills, says CEO

THE Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has assured on its commitment to tackle oil spills in Nigerian communities...
Harrison EDEH -
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