Nigeria's finance ministry said on Friday it would not pay subsidies to fuel importers it was investigating for fraud, listing 21 local firms and pledging not to back down despite union strike threats.
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Oil and Gas
Nigeria investigates 21 firms for fuel subsidy fraud
- 17 August 2012
- REUTERS
- Hits: 418
- Section: Energy
PIB: Nigeria To Scrap DPR, PPPRA, Privatize NNPC
- 20 July 2012
- CHANNELKOOS
- Hits: 1002
- Section: Energy
The Fedearal Government has scrapped the Department of Petroleum Resources (DPR) and Petroleum Products Pricing Regulatory Agency (PPPRA) under its planned reform of the oil sector.
Nigerians burnt in Rivers state fuel tanker explosion
- 12 July 2012
- BBC
- Hits: 1320
- Section: Energy
More than 100 people have died in south-eastern Nigeria after a tanker carrying petrol crashed.
Nigeria signs $4.5 bln refineries deal with Vulcan Petroleum
- 03 July 2012
- REUTERS
- Hits: 963
- Section: Energy
Nigeria signed a memorandum of understanding on Monday with Vulcan Petroleum Resources for a $4.5 billion project to build six refineries with a combined 180,000 barrel a day capacity, officials said on Wednesday.
Nigeria: Saipem wins new offshore contracts worth $350 mln
- 29 June 2012
- REUTERS
- Hits: 975
- Section: Energy
Italian oilfield services group Saipem has won new offshore contracts in Angola and Nigeria worth a total of around $350 million, it said in a statement on Friday.
