Olushola Bello

Nigeria Lost $1Bn In Revenue To Crude Oil Theft In Q1, 2022 – Shell

Nigeria Lost $1Bn In Revenue To Crude Oil Theft In Q1, 2022 – Shell

According to the oil giant, Shell Petroleum Development Company (SPDC), the increase in crude oil theft in the first quarter… Read More

3 years ago

Can The Trans Sahara Gas Pipeline fly?

It can fly now. But it had question marks. About 40 years ago government was debating either Trans-Sahara Gas Pipeline… Read More

3 years ago

Sahara Group Tasks Stakeholders On Tailored Path To Africa’s Energy Transition

Energy and Infrastructure, Sahara Group has said the 2022 Nigeria Annual International Conference and Exhibition of the Society of Petroleum Engineers should… Read More

3 years ago

Disinvestment, Not Oil Theft, Behind Nigeria’s Falling Crude Production

The former managing director and chief executive officer of Seplat Energy plc, Austin Avuru, has differed from government officials’ claim… Read More

3 years ago

Diversion of CBN Electricity Meter Funds, Mojec asks CBN to get its facts right

The Central Bank of Nigeria (CBN) move to freeze the accounts of some Meter Asset Providers which  it accused of… Read More

3 years ago

NCDMB Unveils Ministerial Regulations, Charges Industry on Compliance

The Nigerian Content Development and Monitoring Board (NCDMB) has unveiled seven (7) ministerial regulations that will provide a proper framework… Read More

3 years ago

Major Oil Marketers Suggest Gradual DeregulationTo Reduce Fuel Scarcity

The Major Oil Marketers Association of Nigeria (MOMAN) has advocated for gradual reduction of subsidy of Premium Motor Spirit or… Read More

3 years ago

Eroton Confirms Another Oil Well Leak At OML 18

Eroton Exploration and Production Limited has confirmed a leakage at its Oil Mining Lease (OML) 18 as a result of… Read More

3 years ago

Seplat CEO Identifies Barriers to Investment in Gas

…$700m ANOH Gas Processing Company is being constructed to boost gas in Nigeria. …Advocates for synergy between public and private sectors… Read More

3 years ago

FG To Release $100m To Siemens, Senate To Pass New Electricity Act

Barring any unforeseen circumstances, the federal government is set to release $100 million to Siemens to carry on with the… Read More

3 years ago

Shell Divestment: Asset Sale to Wait

…Shell has put its asset on hold, pending a court hearing. Shell Petroleum Development Company (SPDC) managing director, Osagie Okunbor… Read More

3 years ago

NGX Halts Gains As Losses In MTNN, 18 Stocks Drag Indices By N86b

The Nigerian Exchange Limited (NGX) halted a five-day gaining streak to close on a downturn yesterday, amid profit taking in… Read More

3 years ago