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NNPC Subsidiaries Are Now Profit-Oriented, Efficiency-Driven, Says Yakubu
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Government Partners with Firms on Power Projects
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Ethiopia & China Sign $1 Billion Contract for Power Transmission
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NERC Plans to Increase Supply to 9,000mw, Partners NHRC
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Ethnic Groups Accuse Petroleum Minister & SPDC Of Fraudulent Oil Deal
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Eko Electricity Distribution Company Announces Planned Power Outage.
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Senate Decries the Federal Government's Misuse of N783billion Natural Resources Fund;Decides to Examine the Development of Solid Minerals in Nigeria.
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Senate Decries the Federal Government's Misuse of N783billion Natural Resources Fund;Decides to Examine the Development of Solid Minerals in Nigeria. By Ijeoma Chukwuemelie.
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Nigeria Restructures Ministry of Power in 2013
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PPPRA Budget Defence: Petroleum Committee Hardly Clears Agency.
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NIGERIA - Sokoto Commissions Renewable Energy Model Village
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IOCs, Local Oil, Gas Operators, OPS Diverge on PIB
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BPE Delays Power Privatisation
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National Assembly Faults NNPC over Budget Defence
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Remote and condition monitoring of oil and gas sites:
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Nigeria Sets Up Task force on Petroleum Revenue
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Kaztec Engineering Ltd. Set for Major Oil and Gas Industry Events
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Chevron Corp.- Blowout and Oil Rig on Fire
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Privatisation: FG Shuts down PHCN, Suspends Funds
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EU Embarks on Fact-finding Operation In Niger Delta
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NNPC has updated audited accounts- Dr. Ajuonuma
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FG Asked to Discard Planned Increase in Fuel Price, Electricity Tariff
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Nigeria loses N180bn to imported substandard bulbs annually – SON
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Federal Govt. Approves New Wage Bill for PHCN Workforce
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Federal Govt. Assures Supply of Gas to Power Plants
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Ghana Increases Electricity & Water Prices
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International Companies Eye Libyan Oil
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Gas Flaring: U.S Pledges Support to Nigeria
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Nigeria to lose $3b annually to PIB passage, NEITI warns
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Turkey Hosts Second Annual Iraq 2011: Future Energy Conference
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National Assembly start new deliberations on Petroleum Bill
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ELTEC BIOPOWER Accomplishes Market Entry in Belgium; Biogas Plant to Generate Power and Heat for Textile Industry

2013-08-28 17:26:38
Shell Pipeline Spill oil into UK North Sea

2011-08-19 18:18:38
Alternative Fuel Cars get Attention in the UK

2011-07-21 18:32:04

2011-04-21 10:55:06
Italy Halts Nuclear Power Plans

2011-04-21 10:53:25
AMEC and SZPE Form New Joint Venture in China

2010-08-11 13:12:48
Aurelian Oil & Gas Company hires a new exploration manager

2009-12-04 23:55:28
ExxonMobil Resumes Drilling at Beryl in UK North sea

2009-09-14 23:39:29
Known for oil, Exxon Mobil focused on growing natural-gas production

2009-08-25 00:48:42
Energy giant PetroChina agrees to buy $41 billion worth of Australian liquefied natural gas

2009-08-25 00:47:55
Britain needs a global recovery to keep its growth

2009-08-19 19:43:46
California May Rival Western Europe in Development and Deployment of Renewable Energy in Next Decade, Says AltaTerra Research

2009-08-13 00:54:43
Oil fund's Cosco investment under fire after spill

2009-08-09 23:01:58
Oil fund's Cosco investment under fire after spill

2009-08-09 23:01:16
California May Rival Western Europe in Development and Deployment of Renewable Energy in Next Decade, Says AltaTerra Research

2009-07-25 00:37:28
Energy in Europe

2009-07-24 22:58:27
Europe considering mandatory energy efficiency targets

2009-07-24 22:57:16
StatoilHydro spotlights on Peon gas discovery

2009-07-24 22:56:09
LNG Park for ONS 2006
By: test souirce
2009-05-16 18:00:15

Nigeria: NNPC’s Unremitted Oil Revenue

The Nigerian Senate have deliberated on the report on alleged $49.8b missing fund which was submitted by the Chairman, Senate Committee on Finance, Senator Ahmed Makarfi on 28th May, 2014. Ex- governor of the Central Bank of Nigeria and Emir of Kano, Mallam Muhammadu Sanusi, in a private but seeped letter to President Goodluck Jonathan had accused the Nigerian National Petroleum Corporation (NNPC) of failing to remit $49.8 billion oil revenue between January 2012 and July 2013 to the Federation account.

The nation was shocked that such a huge fund was outside the federal purse and the Senate instructed its Finance Committee chaired by past Kaduna State governor, Senator Ahmed Makarfi to investigate the allegation. At the first meeting with the committee, the alleged unremitted fund first reduced to $12 billion and later increased to $20.6 billion. A stakeholders’ meeting was summoned in the third week of December 2013 to reconcile accounts. At the meeting reportedly attended by officials of the NNPC, Federal Inland Revenue Service (FIRS), Department of Petroleum Resources (DPR) and Ministry of Finance, a new figure emerged after it was alleged that the Reserve Department of the CBN mixed up the figures. Finally, it was decided that a legal audit of NNPC’s accounts should be carried out to determine the exact amount that was outstanding. And by the second quarter of this year, the Makarfi committee submitted its report on the investigation to the Senate for consideration.

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Malala Yousafzai Pleads The Release of Chibok Girls

2014-07-29 23:30:12
Agip's Brass Oil Spill Pollutes Atlantic Ocean

2013-12-03 00:26:37
$9bn refinery project: Dangote

2013-11-20 17:12:19
NNPC & Swiss Oil Firms Indicted in Fuel Import Fraud

2013-11-11 22:40:28
Kenya Offers 46 Oil Blocks to Nigerian Investors.

2013-10-15 11:42:37
Nigeria Loses N191 Billion In 1st Quarter

2013-04-19 17:43:10
Kaduna Governor, Azazi Die in Helicopter Crash

2012-12-17 21:01:21
NUPENG Pickets Shell Offices over Anti-Labour Practices

2012-11-28 22:13:13
NIGERIA: Indicted Oil Marketers behind Demonstration by Melaye’s Group

2012-11-08 19:14:58
Mobil, NNPC Gets $1.5bn Loan for Drilling Operations

2012-03-01 20:03:48
Fuel Subsidy Probe: EFCC awaits Senate, House reports- Lamorde

2012-02-21 15:20:51
Nigeria Loses 4.8 million Barrels of Oil to Crude Thefts

2012-02-08 18:20:14
Nigeria Commences Fuel Price Strike

2012-01-11 16:16:19
PHCN Rips Consumers of N240bn Annually- ECAN

2011-10-31 10:26:12
Fuel Subsidy: NNPC Suspends Deductions from Federation Account

2011-10-24 18:42:04
NNPC Debunks Nationwide Blackout

2011-10-12 18:05:09
Shell Oil Accused of Fueling Violence in Nigeria

2011-10-05 14:05:19
IAEA States Adopt Nuclear Safety Action Plan

2011-09-14 14:11:19
Crude Oil Exports Drop in Bayelsa

2011-08-26 01:00:30
Nigeria to Increase Sesame Production to 230,000 Metric Tons

2011-08-26 00:59:12
NIGERIA: FG Urged To Improve On Oil Revenue Mgt

2011-08-19 18:20:18
Nigeria to get $2 Billion Loan from Japan to fund LNG Plant

2011-08-17 16:21:57
Iraqi Electricity Minister dismissed over $1.7B deals

2011-08-09 00:18:19

2011-08-06 00:33:24
Prof. Barth Nnaji assures efficiency in Power Sector

2011-08-01 17:45:47
Nigeria begins electronic tracking of petroleum products distribution

2011-07-20 00:52:46
Uganda gets US$120m loan for Power Supply

2011-07-14 12:11:05
NNPC allocates 542m litres of Kerosene to Marketers

2011-07-04 20:28:59
IPMAN Demands Kerosene Allocation from NNPC

2011-06-20 11:23:46

2011-06-13 19:32:38
PHCN Alerts on Output Drop from Three Thermal Stations

2011-06-08 20:51:10
Kerosene Scarcity: NNPC Suspends Supply to Depot Ownersý

2011-05-18 16:46:57
CAMAC Energy Announces Gas Discovery on ZJS-03 Well, China Asset

2011-05-13 23:28:29
AMEC awarded US$600 million oil & gas contract

2011-05-06 23:02:46
NPDC Moves to Acquire More Oil Blocks

2011-04-26 19:03:56
100m Nigerians without access to electricity - BPE

2011-04-15 10:57:06
Oil , Energy Production

2013-11-20 17:10:19
Energy, Oil & Gas

2013-11-18 17:11:59
Nigeria: Energy & Oil

2013-11-11 22:35:19
Nigeria - Oil and Gas

2013-10-15 11:45:15
NIGERIA: Oil & Gas Updates

2012-12-17 21:04:25
Investigations Allege Nigeria lost $billions in Oil

2012-11-27 19:59:09
S&P boosts Nigeria's Credit Rating

2012-11-08 19:08:49
Perspectives on the Oil dependent Nigerian budget

2012-10-17 18:05:09
Crude Oil Matters

2012-02-23 20:00:10
Developments: Oil & Gas

2012-02-17 17:45:24
Industrial Strike & Protests Continues....

2012-01-14 12:26:50
NNPC lifts N133 billion oil ‘illegally’

2011-10-14 19:02:30
OPEC Crude Oil Output Climbs to 30.13 Million Barrels per Day in August-Platts Analysis

2011-09-15 21:47:01
Nigeria’s First-Quarter Oil Trade Rises 67 Per Cent

2011-08-29 17:24:59
Angola October oil Exports to Slip

2011-08-19 18:16:05
OPEC Oil Export Earnings to Hit $1trillion in 2011

2011-08-19 18:14:16
OPEC's June crude Exports Climbed 425,000 b/d to 22.54 mil b/d: JODI

2011-08-19 18:11:34
UNEP report on Ogoni pollution indicts Shell

2011-08-06 00:34:52
Oando unfolds Upstream, Midstream Investment Strategy

2011-08-02 16:48:34
Crude Oil Outlook in Second-Half 2011

2011-07-21 18:29:21
Nigeria, others to determine global economy by 2025 – World Bank

2011-07-04 20:19:52
Nigeria Meets 11 Nations on Oil Quota Hike

2011-06-08 21:04:50
China industry may feel the heat from electricity shortages

2011-05-13 23:25:41
Total brings USAN FPSO to Nigeria

2011-05-11 23:33:58
Nigerian oil exports to hit six-month high in June

2011-05-06 23:04:58
Nigeria to Export Five Cargoes in June

2011-04-29 00:18:53
UPDATE: Crude Oil Price

2011-04-26 18:16:39
IEA: World oil production fell by 0.7 million bpd in March

2011-04-19 22:00:41
Oil Production and Prices on the Rise

2011-02-12 00:38:14
Petroleum Bill Becomes Law Before May – President Jonathan

2011-02-05 01:30:04
UN / Energia Round table (Quarter four 2010)

2010-12-03 22:07:03
Nigeria approves N77.12b Power, Roads in Niger Delta

2010-12-02 11:54:09
Nigeria, happy with ONGC-Mittal

2010-11-03 22:17:16
Poison in the genie lamp: banks in the power industry.

2010-10-13 21:47:47
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