Senate Panel Gives Four Oil Firms 48-Hour Ultimatum
By Anayo Akwitti The Senate Public Accounts Committee (SPAC) has given Seplat Energy, Network E&P Nigeria Limited and two other oil companies 48 hours to appear before it and respond to queries raised in the 2021, 2022 and 2023 audit reports of the Nigeria Extractive Industries Transparency Initiative (NEITI). The other companies summoned are All […]
Trump Orders Probe of Oil Firms Over High Gas Prices
By Oluwakemi Kindness U.S. President Donald Trump has ordered an investigation into major oil companies, accusing them of keeping gasoline prices artificially high despite a decline in crude oil costs. In a post on Truth Social on Wednesday, Trump alleged that oil companies were failing to pass lower crude prices on to consumers. “The big […]