Browsing Tag

Nigeria oil and gas

Lukoil in talks with Petrobras over possible sale of Nigerian oil assets

Jan 16, 2018

According to its CEO, Vagit Alekperov, Russia’s second-largest crude producer Lukoil is ready to expand its upstream portfolio…

Jan 3, 2018

Crude oil, being the major source of foreign exchange for the survival of the economy, recorded marginal increase amid…

Jan 3, 2018

The price of Nigeria’s Bonny Light crude oil reached $67.10 per barrel to emerge the highest priced product among members of…

Dec 20, 2017

By Ndubuisi Micheal Obineme The Minister for Petroleum Resources, Dr. Emmanuel Ibe kachukwu, has revealed plans to launch…

Nov 14, 2017

The Nigerian Content Development and Monitoring Board (NCDMB) and the Independent Petroleum Producers Group (IPPG) will…

Nov 14, 2017

The Nigerian Content Development and Monitoring Board (NCDMB) has allocated the total sum of $200m (N61.18bn at the official…

Aug 1, 2017

LAGOS, Nigeria, -- The Federal Government has said it relies heavily on the Dangote refinery (www.Dangote.com) to fulfill its…

May 27, 2017

As a result of moves by the National Assembly to amend the Act establishing the Nigeria Liquefied Natural Gas company (NLNG), a…

May 26, 2015

In the bid to ease the distribution challenge that has led to the resurgence of queues at filling stations across the country, the…

May 25, 2015

The situation at the petrol stations does not seem solvable anytime soon as the NNPC chief mentioned. The group Managing…

Mar 20, 2015

The Shell Petroleum Development Company of Nigeria Limited (SPDC) has completed the assignment of its 30% interest in oil mining…