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Pressure Mounting On Agip Over Oil Pollution In Bayelsa

By Akanimo Sampson Italian oil major, Agip, is currently under intense pressure in Bayelsa State, to halt oil spills caused by leaks on its pipeline...

AKHA: Putting Cart Before The Horse

By: Israel Umoh The parched harmattan wind blew crazily across the expansive legislative complex. And most equipment in its offices looked dusty. The Sergeant-At-Arm stepped...

Despite NNPC’s Denial, Kachikwu’s Successor Will ‘Push’ Fuel Price Hike

By Akanimo Sampson In spite of the Thursday blunt denial by the Nigerian National Petroleum Corporation (NNPC) that there was no plan to increase the...

A’Ibom Ranks Second Recipient Of FAAC’s Allocations In 2018- Economic Confidential

Among the highest recipients of Federation Account Allocation Committee (FAAC) allocations in the country, Akwa Ibom State is second having collected N272 billion from...

FG Sets Up Committee To Harmonise Oil Revenue Data, Others

The Federal Government, Wednesday, set up a committee to harmonise oil and gas revenue and production data, government earnings from all sectors of the...

A’Ibom, 8 Oil Producing States Share N45.36b Derivation Fund In Jan....

Akwa Ibom State joined eight other oil producing states in the country to share N45.36 billion as 13 per cent derivation fund in January...

FG Rakes $2b From Oil Block Licences To Fund 2019 Budget...

The Federal Government generated more than $2 billion from the renewal of oil block licences for use in funding this year’s budget, Ibe Kachikwu,...

DPR May Shut 50 Illegal Petrol Stations In A’Ibom

The Department of Petroleum Resources (DPR) may shut 50 illegal petrol filling stations in Akwa Ibom State. Mr. Tamunoiminabo Kingsley-Sundaye, the Operations Controller of DPR...

DPR To Monitor 14 Oil Firms Managing Nigeria’s Marginal Fields

The Department of Petroleum Resources, DPR, has resolved to closely monitor the operations of 14 indigenous oil and gas companies involved in managing Nigeria’s...

NNPC To Raise Funds From Capital Market For 7 oil Projects-...

Nigerian National Petroleum Corporation, NNPC, would raise funds from the capital market to finance a minimum of seven new oil and gas projects in...

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