As oil minister during military rule in the 1970s, Muhammadu Buhari oversaw the birth of the Nigerian National Petroleum Corp. Now, as democratically elected president, he intends to break up
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Nigeria produces vast amounts of oil. But the country has few functioning refineries, leaving Nigeria dependent on imports to fill up gas tanks across the country. It is a paradox of Nigeria: the
Read more ...President Muhammadu Buhari vowed on Tuesday to reform and streamline the country’s oil and gas sector. Since taking office on May 29, his administration has been investigating the “sickening”
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Nigeria's Oando has agreed to sell a 60 percent stake in its downstream business to Vitol and Helios Investment Partners for $276 million, the energy company said on Tuesday. Oando, which is
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The National Association of Energy Economists (NAEE) at the weekend said that without careful sequencing of key energy policies to minimise economic loss, the new government of President
Read more ...President, Muhammadu Buhari, has been advised to end a fuel subsidy program and privatize Nigeria's four refineries in a report by his transition committee, senior sources in his party told Reuters
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Nigeria has become the first country to completely stop selling oil to the US due to the impact of the shale revolution – an astounding reversal as the African nation was only four years
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The oil and gas industry is still overwhelmingly male, with surveys showing that the executive boardrooms of petroleum companies are mostly a boys' club. In Nigeria, a number of well-financed
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Brazilian Benco Energy Limited, the energy arm of the Benco Group will assist the Federal Government of Nigeria build a 700MW power plant in Nigeria’s Bayelsa State, in the core Niger Delta
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WITH the worsening environmental degradation brought about by factors such as climate change, the world is shifting its focus from traditional energy to renewable energy, particularly in efforts
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