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L-R: Managing Director, Nigeria Liquefied Natural Gas Limited (NLNG), Philip Mshelbila; Group Chief Operating Officer MRS Holdings, Amina Maina, and Managing Director of The Shell Petroleum Development Company Limited (SPDC) and Country…
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The World Bank has charged Nigerians to support the ongoing economic reforms, warning against opposing or reversing them. It said doing so could have serious negative consequences for the country. The World Bank Country Director…
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Nigerians may soon witness a change in the price of Premium Motor Spirit (PMS), popularly known as petrol, as the Independent Petroleum Marketers Association of Nigeria (IPMAN) has confirmed ongoing negotiations with Dangote Refinery…
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L-R: Vice President Kashim Shettima; Chairman, Nigerian Economic Summit Group, Mr Olaniyi Yusuf, a security detail and Shell’s Business Value Manager, Chidi Nkazi, at the exhibition booth of Shell during the…
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Aradel Holdings, managed by Nigerian billionaire Ladi Jadesimi, has made a huge achievement by listing its shares on the Nigerian Exchange (NGX). The integrated energy group’s market capitalization increased to N3.053 trillion ($1.9…
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The Petroleum Products Retail Outlets Owners Association, PETROAN, has said that the Nigeria Midstream and Downstream Petroleum Regulatory Authority will not hesitate to clamp down on sharp practice by operators in the oil and gas…
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Increasing the price of Premium Motor Spirit (PMS), also known as petrol, may reverse the already diminishing effects of fuel subsidy removal in Nigeria, according to the World Bank. The Bretton Wood institution made this warning in…
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Concerns that Nigeria’s financial liquidity may run into more murky waters may have been justified by latest developments in its oil exploration sector Crude oil remains the major source of revenue for the country and there are…
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Shell Petroleum Development Company’s Managing Director, Osagie Okunbor, emphasized the company's ongoing commitment to Nigeria despite its decision to divest from onshore assets. Speaking at the Nigeria Economic Summit, Okunbor…
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The Conference Of Nigeria Political Parties (CNPP) has reacted to the recent release of N15 billion worth of products to independent oil marketers by the Nigerian National Petroleum Company Limited (NNPC). In a statement signed by…
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