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Industry
Sylva affirms oil, OPEC’s place in future energy mix
*As Nigeria launches book to mark anniversary
Timipre Sylva, Minister of State for Petroleum Resources, has said oil will not lose its place in the future energy mix, adding that OPEC itself would continue to be a force to be reckoned!-->!-->!-->…
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NGA Begins 3-day Training Course July 27
By Teddy Nwanunobi
The Nigerian Gas Association (NGA) is set to roll out a training course that will provide delegates the opportunity to examine the regulatory, commercial and technical aspects of the natural gas value chain in Nigeria!-->!-->!-->…
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PIB To End Petroleum Subsidy After Buhari Assent – Minister
The consent of the Petroleum Industry Bill by the President, President Muhammadu Buhari, will stop petroleum subsidy in Nigeria, the Minister of State for Petroleum Resources, Chief Timipre Sylva, declared on Monday.
Sylva declared!-->!-->!-->…
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Marketers Reject Plans to Restrict Importation of Petroleum Products to Refinery Owners
Oil marketers on Tuesday rose against limiting the issuance of petroleum products import licences to only owners of refineries.
The restriction is said to be contained in the draft of the Petroleum Industry Bill passed by the!-->!-->!-->…
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Buhari an OPEC Veteran -Barkindo …DPR Has Enhanced MAPPRO -Auwalu
By Teddy Nwanunobi
The Secretary-General of the Organisation of the Petroleum Exporting Countries (OPEC), HE Mohammad Sanusi Barkindo, has described President Muhammad Buhari as an OPEC veteran whose leadership brought together OPEC and!-->!-->!-->…
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OIL SPILLS: Niger Delta Communities ‘Get’ Over N836bn In 7 Years
In the last seven years, various courts have awarded the sum of N836.318bn (N98.318 billion and over $1.8billion) to oil-producing communities in Niger Delta as compensations for oil spills and land encroachment, an independent data!-->…
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Dangote Refinery to receive proposal from fuel off-takers
Preparatory to the completion of Dangote Oil Refinery, the Major Oil Marketers Association of Nigeria (MOMAN) has expressed intention to engage the management of the company on commercial terms regarding the lifting of its refined!-->…
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NLNG: Mshelbila to Take Over From Attah in August
By Teddy Nwanunobi
The current Chief Executive Officer, Atlantic LNG Company of Trinidad & Tobago, Dr. Philip Mshelbila, will succeed Engr. Tony Attah as the next Managing Director/Chief Executive Officer of the Nigeria LNG Limited!-->!-->!-->…
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Northern Independent Petroleum Marketers Visit DPR
The Director/CEO of DPR, Engr. Sarki Auwalu, Friday, received the leadership of Northern Independent Petroleum Marketers Forum led by its Chairman, Alhaji Musa Maikifi on a courtesy visit.
Valuechain reports the Chairman as saying that!-->!-->!-->…
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DPR Plans to Strengthen Oil, Gas Sector
By Teddy Nwanunobi
The Department of Petroleum Resources (DPR) has hinted at its plan to strengthen the oil and gas industry, as well as ensure the sustainability of the industry.
According to the Director/Chief Executive Officer,!-->!-->!-->!-->!-->…
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