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The Kebbi State covernment has started cultivating 47,000 hectares of land for use for the targeted 350,000 hectares of land on which cassava would be grown in line with the agreement it signed with the Nigeria National Petroleum…
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Foreign Direct Investments (FDI) and some foreigners are needed for Local Content to thrive in the Nigerian oil and gas industry and allied sectors, the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr.…
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AGGRIEVED Soyeibo Fubara has approached the National Industrial Court, NIC, in Port Harcourt, Rivers State, to nullify the election of Terry Nisakpo as Chapter Chairman of the Petroleum and Natural Gas Senior Staff Association, PENGASSAN. …
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In the next one year, barring unforeseen circumstances, the ongoing $11 billion (about N4 trillion) petrochemical and fertiliser projects that Aliko Dangote, Africa’s richest man, embarked upon some 18 months ago would be expected to start…
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The Nigerian Navy has stepped up its fight against oil theft with the destruction of over 82 illegal refineries at Tibo community in Warri South West Local Government area of Delta State. THISDAY observed that the site of the illegal…
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*Ibrahim Chaibou was handed a life ban for bribery and match-fixing by FIFA *Chaibou also slammed a 177,000 euros (about $226,000) fine by the world's football arbiters *The 52-year-old referee was the centre referee when Nigeria…
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Total’s Egina field, located 93 mi (150 km) off Port Harcourt, kicked into production just as 2018 was winding to a close. The start-up of any offshore field is notable, but Egina’s is especially so: The field is estimated to contain…
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Nigerian crude differentials remained strong on Thursday, while the high offer levels and a number of pending buy tenders were heard to be keeping some buyers on the sidelines. An unplanned outage in Libya, reduced exports from Algeria…
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OPEC and its allies do not rule out taking further action at their next meeting in April should oil inventories build up in the first quarter, OPEC’s secretary general told Reuters. Worried by a drop in oil prices and rising supplies,…
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The Department of Petroleum Resources and the Ministry of Petroleum Resources have denied allegations that there are irregularities in its renewal of oil and gas licenses. The DPR and the Petroleum Ministry were reacting to the decision…
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