The National Union of Petroleum and Natural Gas (NUPENG), has said that the huge sum of N115billion allocated in 2008 budget for investments in the power sector was not properly utilised as the sector had not realised much development in

The Environmental Rights Action/Friends of the Earth (ERA/FoEN), has described the planned introduction of a new flare-out formula christened Gas Oil Ratio (GOR) by the Federal Government.

No fewer than 250 Small Hydro Power (SHP) sites have been discovered in Nigeria by the United Nations Industrial Development Organisation (UNIDO).A statement from the United Nations Information Centre (UNIC) in Lagos yesterday said the sites, if harnessed, could solve

The Petroleum Equalisation Fund (Management) Board has settled all outstanding allowances, totaling N17.4 billion, owed 12,000 marketers for transporting petroleum products, an official said.

THE scarcity of fuel has persisted in Kampala, according to a survey by The New Vision.

A LAST-MINUTE decision to extend the 50MW Kiira thermal plant contract has averted a return to the 12-hour loadshedding schedule.

The Petroleum Equalisation Fund Management Board has settled all outstanding allowances, totaling N17.4 billion, owed 12,000 marketers for transporting petroleum products, an official said.

The inhabitants of Adi-Tsenaf, Gala-Nefhi sub-zone, have now access to reliable potable water supply thanks to the newly implemented project at an expenditure of over 1.2 million Nakfa through the collaboration of the Central regional Administration and partners.

INDUSTRIES should install energy-saving systems to remain competitive, the Vice-President, Prof. Gilbert Bukenya, has advised.

FOLLOWING the allegation by the National Assembly that the Federal Government has overspent the 2008 budget by N1.3 trillion, reactions has continued to pour in from stakeholders and players in the oil and gas industry.

EXXON Mobil Corporation, the largest crude oil exploration and production company in the world by turn over and profits has invented a technology in liquefied natural gas (LNG) which has resulted in an industry breakthrough in carrier design and size,

NIPCO Plc, one of the main players in the downstream sector of the petroleum industry, has announced that the company loaded about a billion litres of petroleum products in the year 2008 alone, surpassing the loading records for the previous

TOTAL has announced that its Nigerian subsidiary, Total E & P Nigeria Limited (TEPNG), has encountered hydrocarbons in the area within the south-eastern corner of Oil Mining License (OML) 102, offshore south-eastern Nigeria, about 15 kilometres from the Ofon Field,

THE Federal Government through the Department of Petroleum Resources (DPR) has granted regulatory approval for the construction of the first floating liquefied natural gas glant in the country.

The Department of Petroleum Resources (DPR) has granted approval to construct (ATC) to Peak Petroleum Industries Nigeria Limited for the development of the first floating liquefied natural gas (LNG) plant in the country.

The planned introduction of a new flare-out formula tagged Gas Oil Ratio (GOR) by the Federal Government, just a day to the December 31, 2008 flare-out date, indicates government's submission to pressure from oil multinationals to shift the zero flare

At least 250 Small Hydro Power (SHP) sites have been identified inNigeria by the United Nations Industrial Development Organisation (UNIDO).A statement from the United Nations Information Centre (UNIC) in Lagos on Monday said that the sites if properly harnessed could

Stakeholders in the aviation industry have charged airline operators and independent oil marketers to make public the real price of aviation fuel, as there appears to be a connivance between both parties to rip off passengers with astronomical air fares,

Speaker, House of Representatives, Mr Dimeji Bankole, has attracted N122 million worth of electricity projects to his Abeokuta South Federal Constituency this year.This was contained in a statement by his Special Adviser (Communication) Kayode Odunaro, a copy of which was

MEN of the Joint Task Force (JTF) on the Niger-Delta, otherwise known as Operation Restore Hope, yesterday, arrested five Ghanaians and a Nigerian for crude oil robbery at the Chanomic Creek in Delta State.