The parties in the power contract were Lagos, the Federal Government, the Power Holding Company of Nigeria and the Enron Nigeria Limited.

Major and independent marketers of petroleum products across the country are yet to comply with government's directive to adjust the price of petrol (premium motor spirit) from N70 per litre to N65, THISDAY's investigation has revealed.

Petrodel Resources Li-mited, a Niger Delta oil company has concluded a 2-D seismic survey in its Tanga licence offshore in Tanzania.

Mr. Lasoda who made the disclosure during a visit to the state governor, Malam Ibrahim Shekarau, said his country is willing to invest in the energy sector in the country explaining that the Trans-Saharan gas pipeline which will pass by

House of Representatives Committee on Aviation has summoned major oil marketers, airline operators and the management of the Petroleum Products Pricing and Regulatory Agency (PPPRA) to determine the cause of lingering and unprecedented rise in the pump price of aviation

Just in case the ministers in charge of commerce and energy do not have access to news from Kenya, they would be advised to do so immediately.

A visit to filling stations in Lagos metropolis yesterday revealed that some of the marketers claimed to be unaware of governments decision, claiming not to have been properly communicated as regards the downward review of prices by the government.

Coordinator of the Joint Media Campaign Centre (JMCC) of the JTF, Effurun Headquarters, Delta State, Colonel Rabe Abubakar confirmed to Saturday Vanguard in Warri that indeed, the security outfit has received an avalanche of requests from communities in the region

ORGANISED labour in the nation's Electricity industry, under the aegis of the National Union of Electricity Employees (NUEE), has accused the Minister of Power, Dr. Lanre Babalola and the Economic Adviser to the President, Alhaji Tanimu Yakubu of scheming to

The Angolan Energy minister, Emanuela Afonso Vieira Lopes, expressed last Friday the need for greater speed in the execution of projects that are turned to the production and supply of electricity to the people.

DAUDI Migereko, the Minister of Energy and Minerals, has said that the early oil production scheme is on course.

THE Federal Government recently announced that it would no longer allocate funds from the Excess Crude Account. Last December, it drew N106.7 billion to augment sharable funds by the three tiers of government.

The Economic and Financial Crimes Commission, EFCC has begun investigation into the theft of 4000 metric tonnes of petroleum products with an estimated market price of over N330 million by six Ghanaians and a Nigerian in Delta state.

President of Delta State chapter of National Union of Local Government Employees (NULGE), Dr Olumemi Oyinbo, has commended President Musa Yar'Adua for reducing the price of petrol to N65.

Vanguard learnt that the incident which occurred penultimate Saturday in the coastal enclave of the state left families homeless and about 27 local gin distilling camps and several hundreds of raffia palms destroyed.

Our reporter who went round the filling stations in Asaba weekend, found out that even some sell at N75 claiming that they bought as high as that amount and cannot crash their pump price to N65 immediately until they dispose

Given the volume of the crash of oil price in the international market, it was expected that the marginal reduction in the pump price of oil in Nigeria would be more than N5, the National Union of Petroleum and Natural

NIGER Delta leaders under the auspices South-South Elders' Forum have protested the appointments of northerners as minister of petroleum resources and the group managing director of NNPC. The forum said that it would institute legal action against the Federal Government

After the federal government, Thursday, announced the reduction of the pump price of automobile fuel from N70.00 to N65.00, petroleum stations and drivers in the nation's capital have refused to reflect the new change.

Filling stations in Kano metropolis who hitherto refused to open and adjust to the new petrol pump price announced by the Federal Government, now sell the product at the approved price.