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Oil & Gas

Despite Recent #Minister Lokpobiri “Clarification”, Tinubu Govt To Spend N5.4tn on Petrol Subsidy in 2024

In a recent comment on petrol subsidy status, the Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri, attempted to addressed the ongoing debate about fuel subsidy in Nigeria under President Bola Tinubu administration. Contrary to allegations in some quarters,…

Tinubu Inaugurates Critical Gas Infrastructure Projects, Reassures Energy Sector Investors

Nigeria’s President, Bola Ahmed Tinubu, has reassured investors in the energy sector of his administration’s resolve to further enhance the business environment and ensure investment convenience. The President spoke as he inaugurated three milestone projects, which includes the expanded AHL…

Gas Explosion: Lagos Lawmakers Demand Better Enforcement Of Safety Law

Following a recent gas explosion in the Ajeromi/Ifelodun area of Lagos that resulted in fatalities, the state House of Assembly has called on concerned ministries, departments and agencies of government to step up enforcement of safety laws to protect lives…

N200bn: Oil Marketers Blame NMDPRA, NNPC Limited For Fuel Scarcity, Reveal Next Line of Action

Amid current scarcity of premium motor spirit (PMS), also known as petrol, across the country, petroleum marketers have placed the blamed on the Nigerian Midstream and Downstream Petroleum Regulatory Commission (NMDPRA) and Nigerian National Petroleum Company Limited (NNPC Limited). The…

Gov Oborevwori Extols Tompolo at 53

Delta State Governor, Rt. Hon. Sheriff Oborevwori, has congratulated Niger Delta activist and ex-militant leader, Chief Government Ekpemupolo popularly known as Tompolo as he clocks 53 years on April 12. In a statement by his Chief Press Secretary, Sir Festus…

EFCC Quizzes 14 Suspected Oil Thieves in Port Harcourt

Operatives of the Port Harcourt Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Wednesday, April 3, 2024 commenced investigation of 14 suspected oil thieves alongside a Motor Fishing Trawler ,MFT, Hawwau Tanko, handed over to the Commission…

Four Oil Wells To Begin Drilling In Cross River State Within Weeks?

For those who have reached out to me to ask questions about speculations that four oil wells are to start drilling in Cross River State within weeks, this is what I know. In August 2023, the Press was informed that,…

FBI Charges Senior NNPC Official in $2.1m Swiss Oil Company Bribery To Shortchange Nigeria To the Tune of $2.4bn

A lawyer has been charged by the Federal Bureau of Investigation (FBI) with multiple felonies arising from an alleged $2.1 million bribe, which he received while serving as an officer at Nigerian National Petroleum Corporation (NNPC). The man identified as…

Coalition, Ex-Millitant Leaders Pass Vote of Confidence on NNPC GCEO Kyari, Endorse Amb. Dambature As National Coordinator of CSOs

A coalition of civil society organisations (CSOs) and ex-militant leaders from across Nigeria has passed a vote of confidence on Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Limited), Engr Mele Kolo Kyari.  The groups…

CNPP To Tinubu: Transfer of Crude Oil Proceeds To CBN Is the Way To Go

Conference Of Nigeria Political Parties (CNPP) has described the speculated directive by President Bola Ahmed Tinubu, transferring revenue from crude oil sales to the Central Bank of Nigeria (CBN) as the way to go. Since on Monday, there has been…

CNPP, CSOs Blame Smear Campaign Against Naval Chief Ogalla On Frustrated Oil Thieves

Conference Of Nigeria Political Parties (CNPP) and over 38 Civil Society Organisations, under the umbrella of the Coalition Of National Civil Society Organisations (CNCSOs) have described online reports linking Nigeria’s Chief of Naval Staff, Rear Admiral Emmanuel Ogalla, to alleged…