Thursday, 28th March 2024
To guardian.ng
Search

oil sector

8 Mar
The continued dollarisation of operations in the downstream segment of the nation’s petroleum industry is compounding existing hardship in Nigeria and adding extra N55.8 billion on the pump prices of Premium Motor Spirit (PMS), diesel and aviation fuel monthly. 
7 Feb
The Nigerian Association of Petroleum Explorationists (NAPE) is seeking the support of the National Assembly to address inherent challenges bedeviling the oil and gas sector in the country.
29 Nov
OPEC Secretary General, Haitham Al Ghais, has criticised the International Energy Agency (IEA) for its recent statement, stating that it overly focuses on specific issues and unfairly blames the oil and gas industry for the climate crisis.
2 Nov
• IOCs, independent oil producers worry over commercial, data security • Crude oil edges slightly higher amid Middle East tensions Operators in the oil sector expressed concerns over commercial and contract issues as Nigerian Upstream Petroleum Regulatory Commission (NUPRC) in Abuja, yesterday, moved to enforce mandatory supply of crude to local refineries. Operators of local…
14 Jun 2023
A group, Women in Energy Network (WIEN), has called for the speedy delivery of the benefits of the downstream oil sector, especially to poor Nigerians.
26 Apr 2023
The current attention being shifted to gas in the face of the Ukraine and Russia war as well as the energy transition may fade sooner than expected if the agreement of the world’s seven richest countries (G-7) to prioritise renewable energy over gas is implemented.

Latest

7 mins ago
The detained Binance executive, Tigran Gambaryan, has sued the National Security Adviser (NSA) Nuhu Ribadu, and the Economic Financial Crimes Commission (EFCC) over the alleged violation of his fundamental rights. Mr Gambaryan, in the originating motion dated and filed 18 March by his lawyer, Olujoke Aliyu, from Aluko and Oyebode Law Firm, sought five reliefs…
10 mins ago
Fiji's ex-prime minister Frank Bainimarama avoided jail time on Thursday, despite being found guilty of perverting the course of justice while leading the South Pacific island nation.
14 mins ago
KFC Nigeria has issued a statement addressing a recent incident at its outlet inside the Murtala Muhammed International Airport (MMIA), Lagos, where a customer in a wheelchair alleged discriminatory treatment. KFC apologised to Daniel and stated that the incident was not reflective of their standards. "We have embarked on efforts to address the situation and…
15 mins ago
The National Film and Video Censors Board (NFVCB) and the Economic and Financial Crimes Commission (EFCC), says they are collaborating on checkmating the glamourization of crimes in Nigerian films and other video works.
21 mins ago
The High Court in Abuja has dismissed the charges of fraud, bribery, and conspiracy filed against a former Attorney-General of the Federation, Mohammed Adoke, by the Economic and Financial Crimes Commission (EFCC). In his ruling, Justice Abubakar Kutigi said the EFCC failed to prove its charges of fraud, bribery, and money laundering. He eventually ruled…
46 mins ago
Chinese consumer tech giant Xiaomi will launch its first-ever EV at a press conference in Beijing Thursday, injecting itself into a fiercely competitive sector in the world's largest car market.
55 mins ago
The bodies of two construction workers were found in the cold waters of Baltimore harbor Wednesday, trapped in their red pick-up truck after a giant cargo ship slammed into the bridge they had been filling potholes on, causing a thunderous collapse.
1 hour ago
Nobel Prize winner Daniel Kahneman, who pioneered theories in behavioural economics that heavily influenced the discipline, has died at age 90, his employer confirmed Wednesday.
1 hour ago
The National Bureau of Statistics (NBS) says the All-commodity group import index on average increased by 0.79 per cent in Q4 2023.
1 hour ago
The Federal Competition and Consumer Protection Commission (FCCPC) said it discovered a deceptive claim about the weight of a bag of rice at the Garki Modern Market in Abuja. Ag. Executive Vice Chairman/Chief Executive Officer of FCCPC, Dr. Adamu Abdullahi, disclosed this in a statement on Friday after the Commission conducted a targeted enforcement operation…