Fuel Subsidy Fallout: FG Backs Down, Breaks own Law?
The Nigerian economy is set to suffer for another 18 months under the burden of fuel subsidy going by the postponement of full implementation of the Petroleum Industry Act (PIA) which provided for the complete removal of subsidy on!-->!-->!-->…
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Aliko Dangote GCON President, Dangote Group of Companies
By Danlami Nasir Isah
Aliko Dangote is a Nigerian mega industrialist, the founder, Dangote Group of companies, an industrial conglomerate that deals in almost all household consumables. He was rated by Forbes as the wealthiest!-->!-->!-->!-->!-->…
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Barkindo welcomes NNPC delegation to OPEC Headquarters in Vienna
Secretary General of the Organisation of Petroleum Exporting Countries, OPEC, His Excellency Mohammad Sanusi Barkindo, today hosted a working lunch for a delegation from the Nigerian National Petroleum Company (NNPC) Ltd at the!-->!-->!-->…
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NIGERIA: How Shell is Balancing Profits and Social Responsibility
By Yange Ikyaa
Shell has invested in game-changing businesses in Nigeria for over 60 years and today has interests in several companies that produce and distribute oil, gas, liquefied natural gas (LNG) and other energy products.
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Congo’s First Ever International Energy Exhibition on the Cards
By Yange Ikyaa
The Congo International Energy Summit and Exhibition 2022, which is being organized by Energy Capital & Power under the patronage of H.E. Denis Sassou Nguesso and Congo’s Ministry of Hydrocarbons, will represent!-->!-->!-->!-->!-->…
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Dissecting Budgetary Projections for Oil and Gas in 2022
The oil and gas sector has long been the major revenue earner for Nigeria, accounting for over 80 per cent of total government revenue. Fred Ojiegbe analyses what the year 2022 holds for the sector
The Federal Government has!-->!-->!-->!-->!-->…
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Petroleum Industry Act 2021 and Rationale for Petroleum Subsidy Removal in Nigeria
Prof. O. Iledare
I sincerely wish all our VCM readers, Happy New Year. May boundary lines fall in pleasant places for Nigeria in 2022!
Permit me to refer to the observations espoused in the May 2021 issue of Valuechain Magazine on!-->!-->!-->!-->!-->…
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Senate Happy with NNPC’s Competitiveness, Promises to Support Frontier Exploration
By YANGE IKYAA
The Senate Committee on Petroleum Resources (Upstream) has commended the Nigerian National Petroleum Company Limited (NNPC Ltd) for repositioning the Nigerian oil and gas industry into a competitive business!-->!-->!-->!-->!-->…
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Nigeria Retains 1.718mbpd Production Quota as 25th OPEC Concludes Ministerial Dialogue
By YANGE IKYAA
Following the conclusion of the 25th OPEC and non-OPEC Ministerial Meeting (ONOMM), held via videoconference on Wednesday, and in view of current oil market fundamentals and the consensus on the outlook, the OPEC and!-->!-->!-->!-->!-->…
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Buhari writes Senate to confirm NMDPRA Directors
By YANGE IKYAA
The Senate on Wednesday said it has received a formal request from President Muhammadu Buhari to confirm five nominees as Executive Directors of the Nigerian Midstream and Downstream Petroleum Regulatory Authority!-->!-->!-->!-->!-->…
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