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–By Danlami Nasir Isah Abdulrazaq Isa is the Chairman/CEO of Waltersmith Petroman Oil Limited, an indigenous upstream oil and gas company incorporated in 1996 to carry out the business of exploration and production of oil and gas…
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The Minister of State for Petroleum Resources Dr. Ibe Kachikwu has announced that the Phase 1 scope of the Front End Engineering and Design (FEED) of the Nigeria Morocco Gas Pipeline (NMGP) is expected to be completed by the end…
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The Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, yesterday dropped the hint that the ministry would consider ways of securing import waivers for the implementation of the Project 100, where it is necessary. The…
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No fewer than 60 indigenous oil and gas companies are to benefit from the federal government’s business intervention Project called “Project 100”. No fewer than 60 indigenous oil and gas companies are to benefit from the federal…
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Managing Director of Total Exploration and Production Nigeria Limited, Mr. Nicholas Terraz, yesterday, identified sanctity of contracts, lower production cost and friendly operating environment as the most important factors needed to be in…
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Spot trade slowed to a crawl on Wednesday, as a stand-off between buyers and sellers got intensified. Bonny Light and Qua Iboe for March loading were once again offered near $2.50 a barrel above dated Brent, from about $2.15-2.20, but…
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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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The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has hinted on moves by the Federal Government to reclaim dormant oil fields from multinational oil companies operating in the country. The minister stated this while…
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The Nigerian National Petroleum Corporation (NNPC) says the country’s refineries are not too old for effective refining operations. Chief operating officer, Refineries, NNPC, Mr Kragha Anibor, disclosed this at a panel session at the…
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The federal government has expressed its preparedness to support 100 indigenous oil and gas companies operating in Nigeria to overcome their existing market challenges and grow to become big energy conglomerates. It said this was part…
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