The Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), Chakib Khelil, has warned that member countries must implement agreed production cuts if they want stable oil prices - even as the cartel targets prices ranging between $70 and $80

Former military president, General Ibrahim Babangida (rtd) yesterday in Nnewi, Anambra State gave some recipes which he said would facilitate peace in the troubled Niger Delta.

The KwaZulu-Natal Provincial Government has allocated R40 million over the next four years to ensure that every household, school, church, clinic and business in the Mthonjaneni area in the uThungulu District has electricity.

Angolan ambassador to the United States of Amrica, Josefina Pitra Diakite, Thursday in Washington, appealed to the oil firms operating in the country to have a major participation in social programmes implemented by the Government.

National Chairman of the Democratic People's Party (DPP), General Jeremiah Useni (rtd) may have stirred the hornet's nest as his alleged justification of the killing of Ken Saro-Wiwa by the regime of General Sani Abacha, has drawn the ire of

The recent fall in the price of crude oil to $63 per barrel from a high of $147 less than two months ago portends grave danger for the Nigerian state.

Commissioner representing Ondo State in the Niger Delta Development Commission (NDDC), Dr. Ibukun Omotehinse, has appealed to oil producing states to set up interventionist agencies that will take care of rural communities.

In the last two weeks the pump prices of petroleum products have been increasing to the concern of all of us.

The House of Representatives Committee on Capital Markets has asked the Securities and Exchange Commission (SEC) not to permit the proposed merger between African Petroleum Plc and Zenon Oil and Gas Limited until a number of conditions are met.

Senate Committee on Gas, is undertaking a one-day assessment of the $5.9 billion Escaravos Gas to Liquid project being constructed by Chevron Nigeria Limited.

Over 90 fuel tankers entered the country through Malaba and Busia border posts in the last 48 hours to ease the deepening fuel crisis which had began to bite in the last few days.

National Co-ordinator of the Ijaw Monitoring Group (IMG), Comrade Joseph Evah, has advised the Federal Government not to Site the proposed National College for Petroleum Studies outside the Niger Delta.

Bauchi State House of Assembly has approved more than $69 million, about N8 billion, as the state's contribution to the National Power Sector Reform Programme.

The Investment Climate Facility (ICF) has signed an agreement with the Government of Rwanda that will boost the energy sector and increase the country's investment potential.

AGER, an oil and gas company at the weekend promised to create 2000 jobs in the first nine months of its operation in the oil-rich Anambra West of Anambra State. The company, led by its Managing Director, Obi Nwasike, while

The rank of those calling for the convocation of a national conference to resolve Nigeria's myriad problems swelled on Friday with the unexpected support by former Military President, General Ibrahim Babangida.

The whole world is firmly gripped by palpable fear that the global economy is heading for recession. In Nigeria, the fear is just manifesting as dwindling revenue from crude oil appears to derail the national budget.

Chairman, Power Holding Company of Nigeria (PHCN), Mr Bello Suleiman, has said the company will receive N594 million if it succeeds in reducing Sulfur Hexafluoride (SF6) emission from high voltage transmission.

Multi-national oil companies in Rivers State have been urged to contribute to employment and wealth creation in the state as a way of empowering the indigenes and discouraging them from criminal activities.

Vice President Joseph Boakai says rehabilitation of the hydro plant is still a major priority, and as such, government is working in that direction to ensure that the country is re-electrified.