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The Speaker of the House of Representatives, Femi Gbajabiamila, has expressed determination to pass the Petroleum Industry Bill (PIB) within six months. Mr Gbajabiamila said this when he played host to a delegation of the Oil Producers…
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A major gas project set to transform the nation’s energy infrastructure is underway in Imo State. ANOH Gas Processing Company (“AGPC”) is building the $700m ANOH gas plant. The project, ANOH gas plant facility, is sited at Asaa,…
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…To partner FUPRE on modular refinery project National President of the Independent Petroleum Marketers Association of Nigeria, IPMAN, Elder Chinedu Okoronkwo, Tuesday, disclosed that oil marketing companies were in talks…
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Nigeria’s energy sector is about to receive a major boost from huge investment decisions from China, which is eyeing key exploration operations in the oil and gas sector in Africa. According to a Modern Diplomacy report, China has a…
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The Minister of State, Petroleum Resources, Timipre Sylva, on Monday, said Nigeria has cut its crude oil production level from over 2 million barrels a day to 1.4m barrels in compliance with the quota endorsed by the Organisation of…
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Vice-President Yemi Osinbajo said in Lagos on Tuesday that the fiscal provisions for gas business in the Petroleum Industry Bill (PIB) would  be one of the most attractive in Africa. The News Agency of Nigeria (NAN) reports that…
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Nigeria’s delegation to Tuesday’s 2022 AFCON qualifying match against Sierra Leone arrived in Freetown on Monday afternoon aboard a chartered flight that flew the team from Benin City, and after a 30-minute ferry ride on the Atlantic from…
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The Minister of State for Petroleum Resources, Timipreye Sylva has disclosed that the Petroleum Industry Bill (PIB) may be passed into law by the first quarter of 2021. Sylva explained that he is not saying categorically and…
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Statistics from the Organization of the Petroleum Exporting Countries, OPEC, have shown that Nigeria grew its natural gas production to 47 billion standard cubic meters, bscm, from 2015 to 2019. The annual statistics report for 2020 by…
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The Nigerian National Petroleum Corporation, NNPC, Friday, said oil marketers who patronise its online platform would purchase the product at N153.17 per litre, despite the increase in the Ex-depot price of Premium Motor Spirit, PMS, to…
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