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The Norwegian crude oil storage vessel firm wants to leave Nigeria to focus on other more promising markets in Latin America. The takeover of its assets is turning into a battle between local and foreign firms. BW Offshore has…
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By Adeniyi Onifade The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh has assured that two special mission aircrafts in the deep blue project fleet of the agency will…
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Ahead of the July 19 public unveiling of the Nigerian National Petroleum Limited as a fully operational commercial firm, Nigeria’s state-oil firm is battling to rein in subsidies on petrol even as marketers demand new subsidies on…
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Emphasising on Nigeria’s downstream sector in a panel session, Chairman of Major Marketers Association of Nigeria (MOMAN) and Chief Executive Officer of Ardova Plc, Mr. Olumide Adeosun, made his point clearly that Nigeria needs a…
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The African Refiners and Distributors Association (ARDA) have raised alarm over the impacts of Environmental, Social, and Governance (ESG) issues on financing for oil and gas projects, insisting that unless borrowers like Nigeria and…
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The Federal Government has said Nigerians, especially residents of the Federal Capital Territory (FCT) and some other cities, may continue to witness fuel queues until there was complete deregulation of petrol. Minister of State for…
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The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Mr. Simbi Wabote has taken a swipe at international oil companies (IOCs) operating in the country, urging them to stop the maltreatment of…
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After raking in N203.91 billion from 29 investors, the Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is demanding speedy exploration of crude oil to boost efforts at meeting the production…
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