Tag: Oil Industry
Senate, House team up for groundbreaking oil industry investigation
In his motion, Bamidele highlighted the House’s recent resolution to create a similar committee, calling for a collaborative "National Assembly…
What happens to Africa if Western Lenders cut off Loans for fossil fuel projects? By NJ Ayuk
By NJ Ayuk, Executive Chairman, African Energy Chamber A little more than a year ago, in November 2019, the European…
Concerns over rot In Nigeria’s oil sector ahead of confab
Major oil industry executives will gather in Abuja, Nigeria’s capital for an annual conference on 18 February. The conference will…
Oil firms in talks with Nigeria over coming law
Nigeria’s oil minister said Tuesday the government is in talks with petroleum firms on a potential compromise for a proposed…
China buys up Nigeria’s oil industry
China has increased its hold of Nigeria’s oil industry with its purchase today of Total’s 20 per cent stake in…
Jonathan fires NNPC execs, appoints successors
Oluokun Ayorinde/Abuja In what he described as an attempt to “further strengthen the ongoing reforms and transformation of Nigeria’s Petroleum…
Who Will Stop These Oil Thieves?
A few days ago, the Executive Secretary of Nigeria Extractive Industries Transparency Initiative, NEITI, Mrs. Zainab Ahmed said Nigeria’s oil…
Fuel Subsidy Scam: Civil Society Groups Want Petroleum Minister Sacked
Abuja-based Civil Society groups on Wednesday called for the immediate sack and prosecution of Petroleum Minister, Mrs. Diezani Allison Madueke,…
Thieves cart away 7 per cent of Nigeria’s crude oil daily
Oil companies in Nigeria are battling against rising theft costing an estimated 150,000 barrels of crude a day, a top…
Strike: Abuja Residents Stay Indoors
Residents of the Federal Capital Territory, Abuja, on Monday stayed at home to protest the increase in pump price of…
Nigeria Urged To Speed Oil Reforms
The Nigerian government must move ahead on a long-delayed overhaul of its oil industry if it wants energy firms to…
Why I Campaign For IBB
Women Leader of IBB Campaign Organisation, Chief (Mrs.) Remi Adiukwu-Bakare, speaks on the ambition and chances of former military president,Gen.…