Energy & Power

[This Day] Out of about $4.6 billion negotiated joint venture (JV) oil production debt Nigeria was owing international oil companies (IOCs), about $3.02 billion has been paid by the Nigerian National Petroleum Corporation (NNPC), leaving about $1.58 billion as the outstanding, a report by the corporation has disclosed.Read More

[Leadership] The World Bank has applauded efforts of federal government, in opening the downstream sector of the oil and gas industry.Read More

[Daily Trust] The Minister of State Petroleum Resources, Timipre Sylva, says Nigeria will raise local content in the oil and gas sector from its present 10 per cent to 40 percent by 2027.Read More

[Zimbabwe Standard] There are some things that people keep talking about, which don’t make sense. The often-repeated intention to construct a second oil pipeline from Beira in Mozambique to Harare and beyond is one of them.Read More

[This Day] Abuja — The Nigerian National Petroleum Corporation (NNPC) says it has released its 2019 audited financial statement, about five months after publishing the corporation’s 2018 report, which was the first in its 43 years of existence.Read More

[Vanguard] The Defence Headquarters says the troops of Operation Delta Safe have impounded large quantity of stolen petroleum products and destroyed many illegal refining sites in the South-South zone in the last one week.Read More

[Vanguard] Due to the failure of the Federal Government to respond to its demand to put on hold the 2020 marginal field bid round pending the determination of some contentious issues, Ijaw Elders Forum has issued a notice of intention to go to court to challenge the bidding process and …

[Daily Trust] Kaduna — Three communities in Kaduna State have distinguished themselves by strengthening Christian-Muslim relations among residents in areas where tensions between the two groups have become common.Read More

[Daily Trust] In the nearly two and half centuries of economists’ attempts to understand the dynamics of growth the perspective inspired by free market ideology is seminal and up till now represents the most enduring contribution to the field. It first emerged in the 18th century through the works of …

[Vanguard] The Lagos State Government has said it would seal off all illegal gas and petrol filling stations in densely populated residential areas across the state, to demonstrate its zero tolerance for such acts.Read More