Nigeria exported over 155.125 million barrels of crude oil to India between February and March 2017, thus making it the biggest importer, according to data from the Nigerian National Petroleum Corporation (NNPC).

The theme for SITEI 2017 is, Building Local for Global, and is focused on harnessing the estimated and promising potential inherent in the industries locally.

The Nigerian Electricity Supply Industry (NESI), has disclosed that about 10 power plants were shut down on June 23, due to gas constraints, transmission line challenges, routine maintenance and frequency management.

The passage of the Petroleum Industry Governance Bill (PIGB) by the Senate, the other day, represents a good starting point in the effort to re-position Nigeria’s oil and gas industry.

The Department of State Services (DSS) has released the chairman of Capital Oil and Gas Limited Ifeanyi, Chief Ifeanyi Ubah, after almost six weeks in detention over allegation of economic sabotage.

Stakeholders in the Nigerian power sector have put additional investment needed for uninterrupted power supply at $7.7 billion.

Average price paid by consumers for Premium Motor Spirit (PMS) also known as petrol, increased by 0.5 per cent month-on-month from N149.9 in April to N150.7 in May 2017.

The Minister of State for Petroleum Resources, Ibe Kachikwu, said in a video podcast on Wednesday that NNPC has taken up the responsibility of a last-resort importer producing petroleum products in an unstable environment as...

Unless the Federal Government urgently offsets the accumulated subsidy arrears, interest on loans and the foreign exchange differentials of N800 billion that accrued to petroleum marketers between 2014 and 2017...

The Nigerian Government is said to have received the sum of $3.7 billion in taxes and royalties, from Anglo-Dutch Shell Group.

NNPC, which made this disclosure in its latest financial report released at the weekend, said the sum of $2.29 billion was transferred to Joint Venture (JV) Cash Call in line with the 2016 Approved Budget and pending 2017 budget approval.

There is a big hole in the Pension Fund, and now the government has relaxed rules for the use of Pension Funds. Should BVN not be sufficient? Many pensioners have committed suicide; even so, pensioners still do not receive their money.