Industry

OUTRAGE yesterday greeted Wednesday’s recommendation by the Nigerian Governors’ Forum, NGF, that the pump price of petrol be N385 per litre. The governors had in their last virtual meeting on Wednesday night, made case for full…
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By Teddy Nwanunobi KBR, Inc. has been awarded the contract to support Nigeria’s future energy ambitions with Nigeria’s first ever Floating Liquefied Natural Gas (FLNG) facility, it announced in a statement on Thursday. It said…
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By Teddy Nwanunobi President Muhammadu Buhari has disclosed that French multinational integrated oil and gas company, Total, plans to expand its investments plans in Nigeria. Buhari, made the disclosure in his Twitter handle,…
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By Teddy Nwanunobi The Petroleum Technology Association of Nigeria (PETAN) has made a pledge to collaborate and invest in opportunities across the entire value chain of the oil and gas industry in Africa. This is a demonstration of…
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President Muhammadu Buhari has urged investors to explore vast opportunities for human and natural resources in Nigeria while assuring that fiscal policies would be more favourable, predictable and tilted towards creating a harmonious…
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Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mele Kyari has said the ongoing transformation of Africa’s largest thermal plant, Egbin Power Plc is indicative of the quality of expertise and huge investment…
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By Teddy Nwanunobi The Minister of State for Petroleum Resources, Chief Timipre Sylva, has confirmed that Royal Dutch Shell is in talks with the Federal Government to sell its stake in onshore oilfields. It accounts for around…
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•Says proceeds of marginal fields used to augment FAAC The federal government is weighing some options as discussions with Anglo-Dutch oil company, Shell Petroleum Development Company, begin over its plan for total divestment from…
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The Nigerian government introduced the marginal field development programme in 1996 to help grow the country’s oil and gas production by divesting the majors of dormant discoveries and making same available to indigenous operators who are…
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The Minister of State for Petroleum Resources, Chief Timipre Sylva, says the Federal Government is working with the Central Bank of Nigeria (CBN) to ensure full implementation of the Auto Gas Policy. Sylva said this at an interactive…
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