By Energy Worth The Senate has approved the payment of subsidy claims totalling N348bn to oil marketing companies based on a request by President Muhammadu Buhari. The approval was made at the plenary on Wednesday following the adoption of the interim report by the Senate Committee on Petroleum (Downstream) on ‘Promissory Note Programme and Bond…
By Energy Worth Stakeholders in Niger Delta have cautioned President Muhammadu Buhari against signing the Petroleum Industry Governance Bill (PIGB), alleging that it seeks to privatise the country’s oil and gas assets and to further impoverish the people of the region. They warned that any attempt to privatise the oil and gas assets in the…
By Oke Peter Organiser of the Australia’s largest and most comprehensive clean and renewable energy exhibition and conference, All-Energy Australia, Reed Exhibitions, has announced that the 10th edition of Exhibition and Conference will hold between 3rd and 4th October, 2018 at the Melbourne Convention and Exhibition Centre. The 2018 edition, organized in partnership with Clean…
By Nick Cunningham Oil prices have retreated as disrupted supply from Libya has started to come back online, threatening the recent gains in oil prices. But a bigger threat to crude over the second half of 2018 and into 2019 is a slowdown in the global economy. The International Monetary Fund warned in its latest…
