News

The leadership of Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and Petroleum and Natural Gas Senior Staff Association (PENGASSAN) have urged the federal government to expedite passage of the Petroleum Industry Bill (PIB). …
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Vice President Yemi Osinbajo has thanked Nigerians for their concern following the chopper incident earlier Saturday in Kabba, Kogi State. The helicopter carrying Mr Osinbajo crash-landed after a landing incident, but there were no…
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By Fred Ojiegbe When the federal government approved the Nigerian Gas Master Plan on February 13, 2008, it was expected to position the country as a major international player in the international gas market. The plan was also…
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…As 40 more licenses await approval By Fred Ojiegbe Despite the dwindling capital to finance 2019 budget, the federal government is ready to raise funds through the renewal of oil blocks in the country. So far, the government has…
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Nigeria’s First Ethanol Refinery: Can the indigenous technology help lower the nation’s carbon footprint and better preserve its natural environment? –By Yange Ikyaa Bashir Umar Shehu, a graduate of petroleum engineering of…
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–By Gideon Osaka The much talked about final investment decision, FID, for the Nigeria Liquefied Natural Gas, NLNG, train 7 did not take place in 2018, after all. Valuechain gathered that the event may not take place until…
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–By Yange Ikyaa After decades of spending hundreds of billions of naira each year on the importation of premium motor spirit (PMS) and automotive gas oil (AGO) or diesel, much of it going into use in electricity generators to power…
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The Chief Executive Officer of OVH Energy Limited, Huub Stokman, yesterday advocated the need for the Federal Government to review the policies concerning importation of refined petroleum products into the country. Stokman, who made the…
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• Sector attracts $50 billion investment Stakeholders in the oil and gas sector yesterday faulted the Minister of State for Petroleum Resources, Ibe Kachikwu, and the Nigerian National Petroleum Corporation (NNPC) on reason advanced for…
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The plan by the federal government to bring in third-party financiers that would fund the revamp of the country’s three ailing refineries would no longer go ahead, Minister of State for Petroleum Resources Dr. Ibe Kachikwu said yesterday. …
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