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Lagos Taskforce Discovers Illegal Petroleum Storage Facility In Ikoyi

The Lagos State Taskforce has discovered an illegal petroleum storage facility in the Ikoyi area of Lagos.The Chairman of the agency, Adetayo Akerele, said...

Petroleum Ministry holds retreat to chart way forward in oil, gas sector

The Ministry of Petroleum Resources has concluded arrangements to hold a Sectoral Retreat on the Ministerial Deliverables (2023- 2027) for the Oil and Gas...

Nigeria aims big for gas sector with $575bn investment push

The Nigerian government has taken a significant step towards boosting its natural gas sector, inaugurating the Governing Council of the Midstream and Downstream Gas...

Unable to generate N3.17tn in 2023, Nigerian govt targets N9.96tn from Petroleum Profit Tax in 2024

The Nigerian Government has set a target of generating a staggering N9.96 trillion from Petroleum Profit Tax (PPT) collections in 2024.This is despite the...

NASS urged to adequately fund Petroleum Ministry

By Tunde OpalanaThe National Assembly has been urged to use the power of appropriation to allocate adequate funding for the nation’s oil sector through...

MKK: Tribute To The Apostle Of Transformation

I had to take time out of my busy schedule to pen this piece to tell how important this subject matter is to me....

IPMAN says local production, solution to petroleum products price hike

 The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said that the local production of crude oil was the surest way to crashing the...

Tinubu seeks better cooperation with US over energy transition

A statement signed by Dele Alake, Special Adviser,Special Duties, Communications & Strategy said Tinubu spoke during a meeting with United States Assistant Secretary of...

Nigeria burns N264bn worth of revenue as Shell, Agbo, others flare 170.5bscf of gas

Companies operating in the country’s petroleum industry flared 170.5 billion standard cubic feet (BSCF) of gas in 10 months, between January and October 2022.This...

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