Government has cut import taxes on fuel products to keep fuel prices in the country stable despite the product's high prices in Kenya, the Ministry of Trade and Industry (Minicom) revealed yesterday.

East Africa is set to get a natural boost next year by tapping into the sizeable reservoir of geothermal energy in its Rift Valley, according to a statement released today by the United Nations Environment Programme (UNEP).

SAKEHOLDERS under the aegis of the Nigerian Content Consultative Forum are seeking Federal Government's authorisation to assess Ajaokuta Steel Company Limited (ASCL) and other steel plants to determine how best to ensure they make the desired impact on the oil

CHEVRON Nigeria Limited (CNL) operator of the NNPC/Chevron Joint Venture has endowed an award for the best journalist in oil and gas reporting.

THE Izon-Ebe Oil Producing Communities Forum, an umbrella body of Ijaw oil-bearing communities across the Niger-Delta, yesterday, appealed to the Host Oil Communities of Nigeria (HOSCON), Bayelsa State chapter to lift the seven-day ultimatum slammed on the Bayelsa State Government

IN an effort to stem the tide of criminality and kidnapping in the oil-rich Niger-Delta region oil industry workers acting under the aegis of Petroleum Industries Christian Organisation (PICO) have called for the enthronement of justice in the region while

MEMBERS of the dissolved Edo State Oil and Gas Areas Development Commission (EDSOPADEC), have petitioned President Umaru Musa Yar'Adua, accusing Governor Adams Oshiomhole of dissolving the members of the commission before the expiration of their tenure as stipulated by the

THE last may not have been heard of the crises that have rocked the state of the Enron, now AES Power project, conceived by the Lagos State Government and the lingering power failure in the state.

THE Department of Petroeum Resources (DPR) appears to be enmeshed in a seismic data racketeering scandal, even in the face of series of inquiries by the Federal Government into the Department's activities under the Olusegun Obasanjo administration.

THE federal government is still owing marketers of petroleum products in the country the sum of N69.99 billion as part of unpaid bridging and petroleum subsidy fund meant to augment the high costs of products importation and distribution.

Immediate past governor of Akwa Ibom State, Obong Victor Attah, has said that realising the much talked about dreams and aspirations of the people is dependent on the availability of steady electricity supply.

DELTA Waterways Security Committee (DWSC) has averted a fresh crisis between the Shell Petroleum Development Company (SPDC) and Agge community in Delta State over a threat by the community to stop the operations of the company in the area as

THE FEDERAL Government has instituted a probe into the finances of the Nigerian National Petroleum Corporation (NNPC), and placed an embargo on the release of funds to the organisation.

THE Electricity Commission of Nigeria (ECN) says unless there were massive investments by private and foreign investors in the nation's energy sector, Nigeria would continue to struggle without success with the factors militating against adequate electricity supply.

Angolan Oil minister, Botelho de Vasconcelos, Monday in Luanda, underlined that the fall in crude oil prices on the international market has created great challenges to the sector.

The newly appointed members of the Angolan oil company (Sonangol)'s managing board were sworn in Monday in Luanda, at a ceremony chaired by the Oil minister, Botelho de Vasconcelos.

Chieftains of the Nigerian Society of Engineers (NSE) spoke glowingly of the shinning light Ernest Ndukwe has lit as the Executive Vice Chairman of the Nigerian Communications Commission (NCC), who has piloted the affairs of the government agency and its

Senior Staff Association of Electricity and Allied Companies (SSAEAC) has blamed the Federal Government for the sudden drop in power generation in the country, which has led to prolonged epileptic power supply and current nationwide load shedding.

Oando Gas and Power Limited, a subsidiary of the Oando Group Plc, has commenced construction work on its 128 kilometres South-East gas pipeline project in Calabar, Cross Rivers State.

Communities in the Niger Delta are bracing up for a sustained legal battle in 2009 with oil majors operating in the country as the deadline for the stoppage of gas flaring expires this month.