Oando Marketing PLC’s Liquefied Petroleum Gas, LPG programme,under which the company introduced OGAS 3kilogramme cooking stove for low income households, is capable of solving the perennial problem of deforestation in Nigeria.

There are five clear reasons why many were surprised by TOTAL’s announcement, on Monday November 18, 2012, that it sold its 20 percent stake in Nigeria’s Oil Mining Lease, OML 138, to China Petrochemical Corp (Sinopec), as part of an asset-disposal programme, according to Africa Oil and Gas.

Bayelsa State Governor, Seriake Dickson, has called on the Nigerian Content Development and Monitoring Board, NCDMB, to address the issue of multinational oil companies having operational bases outside their areas of operations.

Nigeria has released its shipping plans for January 2013, as four 950,000 barrel cargoes of Usan crude is expected to be exported in January.

The Federal Government’s decision to cancel the contract with Manitoba Hydro over the management of the Transmission Company of Nigeria, TCN, is harrmful to the Nigerian economy, and will further worsen the current power situation, according to economic analysts and stakeholders in the power sector.