Some stakeholders in the oil and gas sector yesterday expressed divergent views on the continued sale of petrol at N70 per litre.

SHELL yesterday confirmed a fire outbreak on its well head at Bomu well 44 in K Dere, in Ogoni part of the state.

As petroleum products in Benin City, the Edo State capital, continue to eludes the common man especially at this period of festivities due to the unwholesome practices of petrol station owners, Comrade Adams Oshiomhole yesterday paid an unsheduled visit to

Barely one month after the Power Holding Company of Nigeria (PHCN) announced loss of 800 megawatts due to inadequate gas supply to Egbin and Sapele Power Stations, the country may further be plunged into darkness as the Otorogu Gas Plant

MOTORISTS continue to feel the effects of the fuel shortage with several of them paying high prices for fuel. A number of dealers in Kampala that The New Vision interviewed said a reprieve from the shortage could come after the

THE World Bank has halted distribution of the remaining 240,000 energy-saving bulbs worth sh1.2b, raising concern over its development policies towards poor countries like Uganda.

A member of the National Assembly, Hon Dr. Hashimu Abdullahi, has assured Nigerians that the report of recent power sector probe at the National Assembly would not be swept under the carpet.

WITH high oil prices and global financial meltdown hitting a double whammy since August, commonsense has become the best strategy in public policy formulation.

Shell Petroleum Development Company (SPDC) Limited on Tuesday reported of a fire incident at its Bomu Well 44 located in Ogoniland in Rivers State.

Beneath the surface of Earth's second-largest continent is a wealth of minerals, petroleum, water and geothermal energy. African scientists are working to develop and manage this vast resource, but more scientists are needed to strengthen the work force in Africa's

Electricity generation has once again dropped several megawatts (mw), ensuring more black outs, and tasking the Power Holding Company of Nigeria (PHCN).

Residents of the Federal Capital Territory (FCT) have continued to speak on the outgoing year 2008, describing it as a year full of failed government promises and hoping that the federal government will improve on energy supply next year to

Chairman, Nigeria Insurers Association (NIA), Mr. Wole Oshin, has expressed doubt over the ability of the insurance industry to handle 70 per cent of the market in the oil and gas sector of the nation's economy.

COMMANDER of the Joint Task Force (JTF) code-named Operation Restore Hope in charge of security in the Niger Delta region, Gen. Wuyep Rimtip yesterday charged all illegal oil bunkerers to change from their nefarious ways and engage instead in legitimate

If the reported mandate given to the new Minister of Petroleum, Alhaji Rilwan Lukeman by President Umaru Musa Yar'Adua, is to clean up the mess created in the energy sector by former President Olusegun Obasanjo, he will soon find shockers.