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    Kapital FM 92.9 The Station that Rocks!

Oil and Gas

56 Results / Page 7 of 7

News

Renewable Energy Takes Center Stage As NASS Hosts International Conference

The National Assembly is set to host a major international conference on renewable energy, aimed at transforming the country's energy sector. Addressing newsmen in Abuja, the Chairman of the House Committee on Renewable Energy, Mr Afam Ogene noted that the conference, in collaboration with the United Nations Development Programme, will bring together key stakeholders, industry experts and lawmakers from across Africa to discuss ways to harness renewable energy. "The event […]

todayApril 30, 2025

National

3 Major Oil Companies Owe FG $5.5m

A probe by the House of Representatives Public Accounts Committee has revealed that three major oil companies owe the Federation Account over $5.5 million. The companies, Chorus Energy, Dubril Oil Company Limited, and Belema Oil, confirmed the debt during the investigation. "Chorus Energy's debt stands at $814,680.06 and N181,954,238.43, while Dubril Oil Company Limited owes $3,025,193.71 and Belema Oil, $1,703,617.68. Eroton Exploration & Production has a significant debt of $78,486,333.27." […]

todayMarch 5, 2025