Energy

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Petrol price increased by 54.76% per litre in one year – NBS

The National Bureau of Statistics says the average retail price of a litre of the Premium Motor Spirit, popularly known as petrol, increased by 54.76 per cent from N170.42 in February 2022 to N263.76 in February 2023. It made the declaration in its Petrol Price Watch for February 2023 released in Abuja on Tuesday. It […]

Our people continue to die from oil spills, Shell will pay

THAT the people of Ogale and Bille, two rural and fishing communities in Rivers State, are under the weather and standing on their last legs because of ailments set off by the contamination of their water with oil is without a shred of doubt.

NNPCL officially takes over as FG rests NNPC after 46 years

The Federal Government yesterday wound up the Nigerian National Petroleum Corporation, NNPC, after 46 years of operation and in its place, the Petroleum Industry Act enabled Nigerian National Petroleum Company Limited, NNPCL, took over as the nation’s oil company.

Julius Rone: The Gas King

By JEREMIAH UROWAYINO, Assistant Online Editor THE Group Managing Director, of UTM Offshore Limited, UTMOL, Mr. Julius Rone, OFR, fondly called ‘The Gas King’, has lived up to that title when he took the bold steps toward the implementation of Nigeria’s first floating liquefied natural gas, FLNG, facility. This, which is in line with the Federal […]

Nigeria, Algeria, Egypt to drive Africa’s LNG export —  Report

By Udeme Akpan NIGERIA, Algeria and Egypt, have been tipped to drive Africa’s Liquefied Natural Gas, LNG, export in the short term. In its latest report – The State of African Energy 2023 – obtained by Energy Vanguard, African Energy Chamber, AEC, disclosed that the three nations would drive the continent’s export volumes. It maintained that […]

Vanguard Detty December

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