Industry

The Nigerian Content Development Monitoring Board (NCDMB) is optimistic that Dangote Refinery will boost local content policy with its 650,000 barrels per day project under construction. The local content…
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Pessimism keeps growing among Nigerians about any positive outcome from the plan by the National Assembly to probe the $36.4 billion spent on fuel import and refinery maintenance in four years after several others of such probe were…
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The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has charged oil service operators, under the aegis of the Petroleum Technology Association of Nigeria (PETAN), to focus more on gas…
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*Petroleum Minister fully represented The Honorable Minister of State for Petroleum Resources, Chief Timipre Sylva was Thursday represented by his Chief of Staff/Senior Technical Assistant, Engr. Moses Olamide at the Roundtable on…
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The Federal Government of Nigeria (FGN) inaugurated 89 individuals from five (5) different key agencies to ensure and enforce transparency and accountability in the distribution of petroleum products in the country. Speaking at a brief…
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...5% Reduction in cost of Crude Production -By Kenny Folarin The Minister of State for Petroleum Resources, Chief Timipre Sylva has said that the ministry will increase crude oil production to three million barrels per day (bdp) as…
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-By Fred Ojiegbe Stakeholders have been assessing Nigeria’s readiness to meeting the requirements of transparency watchdog, the Extractive Industries Transparency Initiative (EITI) January 1, 2020 deadline for countries including…
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-By Fred Ojiegbe The Ministry of Petroleum Resources, one of the ministries critical to Nigeria’s economic growth appears to be on a good trajectory with the appointment of Timipre Sylva as the Minister of State. Sylva, who is on a…
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-By Gideon Osaka United States-based Chevron and Mobil, as well as France-owned Total are said to be considering a sale of assets in Nigeria which could be valued at up to $6 billion, Rystad Energy, an independent energy research and…
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-By Gideon Isaka Oil producing countries are likely to experience glut in 2020, the International Energy Agency, IEA has warned. It stated that global oil supply could continue to rise at a rapid pace in 2020, surpassing the…
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