How Nigerian oil and gas sector performed in 2017 Jan 3, 2018 Crude oil, being the major source of foreign exchange for the survival of the economy, recorded marginal increase amid…
Nigeria’s Bonny Light crude oil hits $67.10 per barrel 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…
Dr. Ibe Kachikwu to launch ‘Project 100’ for Nigerian Oil & Gas Entrepreneurs Dec 20, 2017 By Ndubuisi Micheal Obineme The Minister for Petroleum Resources, Dr. Emmanuel Ibe kachukwu, has revealed plans to launch…
PNC 2017: NCDMB to form alliance with indigenous oil producers in Nigeria Nov 14, 2017 The Nigerian Content Development and Monitoring Board (NCDMB) and the Independent Petroleum Producers Group (IPPG) will…
PNC 2017: NCDMB allocates $200 million for local content development in Nigeria Nov 14, 2017 The Nigerian Content Development and Monitoring Board (NCDMB) has allocated the total sum of $200m (N61.18bn at the official…
Nigeria: Federal Government begs Dangote to complete refinery before 2019 Aug 1, 2017 LAGOS, Nigeria, -- The Federal Government has said it relies heavily on the Dangote refinery (www.Dangote.com) to fulfill its…
Nigeria may lose N60 billion commitment to NLNG Act amendment – says BGF 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…
Nigeria Fuel Scarcity: NNPC Distributes 18 Million Litres From Ore Depot 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…
Fuel Scarcity Increases Across Nigeria May 25, 2015 The situation at the petrol stations does not seem solvable anytime soon as the NNPC chief mentioned. The group Managing…
Shell Completes Sale of Oil Mining Lease 18 in Nigeria Mar 20, 2015 The Shell Petroleum Development Company of Nigeria Limited (SPDC) has completed the assignment of its 30% interest in oil mining…