A group known as Niger Delta Revolutionary Movement, in Asaba, has called for a better deal for the people of the Niger Delta region.

Crude oil thieves whose 12,000 metric tonnes of crude oil was confiscated by Joint Task Force on the Niger-Delta, a fortnight ago, in Delta State, regrouped, yesterday, and launched a vengeful attack on soldiers at Okwagbe in Delta State.

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has expressed displeasure over the delay in the execution of its N10 billion Liquefied Natural Gas plant, blaming it on the Nigerian National Petroleum Corpo-ration (NNPC), which it said was trying to

PETROCHEMICALS group Sasol last week said it had no intention of "closing off" the crude oil hedge on part of its synfuels production in the light of falling international crude oil prices.

The House of Representative Committee which investigated the oil bloc awards between 1999 and 2007 has cleared the Department of Petroleum Resources (DPR) of unilateral allocation of oil blocs during the period under review.

SOME operators in Nigeria's oil and gas industry have expressed fear over the possible implications of a seeming northernisation of the oil and gas industry, noting that it could spark further attacks by militants on facilities, leading to increase in

BOXING fans were left cursing Sunday night when a power blackout halted the main boxing event between Hamza Wandera and Haruna Ddiba in a super middleweight contest of the professional none title fights at Sabrina's Pub.

IF DEMAND for electricity is dropping as the economy droops, why is Eskom still moaning about tight reserve margins and asking us to save power?

The House of Representatives ad-hoc Committee investigating the allocation of oil blocks (and its proceeds valued at not less than $2.13 billion) by the Department of Petroleum Resources (DPR) from 1999 to 2007 has concluded its report and would submit

Details of the multi billion dollars revenue accruing from the penalty on gas flaring may emerge today as the Senate has summoned the Central Bank of Nigeria (CBN) Governor, Prof. Charles Soludo, the oil companies and other relevant government agencies

The Federal Government has been called upon to show more commitment in addressing developmental issues of Niger-Delta by implementing resolutions reached on the region.

Tension over the recent life imprisonment of six soldiers by the General Court Martial (GCM) of the Nigeria Army for supplying 7,000 arms of different specifications to the Movement for Emancipation of the Niger-Delta (MEND) at a cost of N100

After 60 years of presence in the country, Shell Ethiopia has totally moved out of the Ethiopian market as of November 14, 2008, after Libya Oil Holding Ltd (OiLibya) finalised the purchase and sale agreement it entered with the former.

GOVERNMENT bonds continue to rally as weak oil prices tame inflation expectations, lifting the chances of an interest rate cut as early as next month.

Oando Gas and Power, a subsidiary of Oando PLC, in Public Private Partnership (PPP) with the Lagos Water Corporations (LWC) has taken delivery of power plant equipment capable of generating over 12 megawatts of uninterrupted electricity to LWC facilities.

Supervising Minister of the Federal Capital Territory (FCT), Remi Babalola, is to meet the top management of Power Holding Company of Nigeria (PHCN) over the deteriorating public power supply to Abuja.

The Managing Director, Nigerian Ports Authority (NPA), Malam Abdul Salam Mohammed, has said that the current congestion being experienced by oil tankers in the Lagos Channel will soon ease up if the directives given by the Authority on the operation

IN an effort to ensure and bring about the success recorded in its electronic payment system to petroleum products loading and supply in the country, the Petroleum Equalisation Fund (PEF) has commenced moves to implement project e-loading which would consolidate

Minister of Minerals and Energy Buyelwa Sonjica told FIFA delegates on Monday that her department, the custodian of energy security, will ensure energy supply for both football tournaments.

CONCRETE steps to stem gas flaring by oil majors in the country were taken by the Senate yesterday as a public hearing on the Gas Flaring (Prohibition and Punishment) Bill commenced.