Former President Olusegun Obasanjo claims cabals in Nigeria's oil and gas sector are obstructing the $20 billion Dangote Refinery to protect their profits from refined petrol imports. The refinery, essential for Nigeria's energy independence, faces challenges in securing crude oil supplies amid...
In a critical juncture for Nigeria's transport and energy sectors, the much-anticipated meeting between the Federal Government (FG), the Nigerian Association of Road Transport Owners (NARTO), and key stakeholders concluded on Monday without a consensus, exacerbating fears of an impending fuel...
On October 10, the NNPC drilling crew working at Kolmani River-II in Gongola Basin encountered hydrocarbon outflow to the wellhead while testing.
Preliminary evidence from the exploration area revealed that the hydrocarbon deposits consist of gas, condensate, and light, sweet crude …
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From the Minister of State for Petroleum, Timipre Sylva, came yesterday a disclosure that the non-passage of the Petroleum Industry Bill ( PIB) has discouraged investments in the oil sector, resulting in the stagnation of the oil reserves at 37.5billion barrels since 2007....
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