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Energy

Innosson group secures oil well in Sierra Leonene

With Agency Report IVM Innoson Group of Companies has confirmed the award of 11 offshore oil wells to the newest member of the conglomerate, Innoson...

Contracts cancellation looms over production cost padding

Head of Nigeria’s oil corporation reveals how oil companies swindle the system of millions of dollars through production cost padding, vows recalcitrant firms may...

NNPC makes move to address high cost of production

  By Simon Ugwu, The Nigerian National Petroleum Corporation, NNPC, has made move to address the high cost of production. The Group Managing Director, NNPC, Mele...

WED 2020: Namsar welcomes Finima Nature Park

  By Simon Ugwu, The breather provided the environment by the global city lockdowns since early March has amplified the value of investments made by...

Accugas Ltd, the gas supplier to the Calabar Generation Company Limited, has issued the dreaded “notice of non-payment” to the Nigerian government over outstanding...

This is the first step in activating the World Bank partial risk guarantee (PRG) signed by the federal government under the gas supply agreement...

Nigeria to cut oil out put come September Minister

Nigeria has pledged to make additional oil output cuts from July to September, the petroleum minister, Timipre Sylva stated this last weekend In a series...

Marketers lack power to fix price-PPPRA

Marketers lact power to fix price-  PPPRA By Simon Ugwu Marketers lack the power to determine the pump price of premium motor spirit (PMS) otherwise called...

NNPC to raise portfolio in medical, housing, power and others sectors

The Nigerian National Petroleum Corporation (NNPC) has made move to raise  business business portfolios in the power, medical, housing and other sectors that would...