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By Teddy NwanunobiThe Chairman of Petroleum Technology Association of Nigeria (PETAN), Mr. Nicolas Odinuwe, has called for a strategic regulatory frameworks and creation of an enabling environment to encourage the private-public…
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By Teddy Nwanunobi (with agency report) The NLNG Ship Management Limited (NSML) has said that it will establish dry-docking facility to end a capital flightNSML manages the vessels that belong to the Nigerian Liquefied Natural Gas…
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By Teddy Nwanunobi The Nigerian National Petroleum Corporation (NNPC), in its latest financial and operations report, disclosed that three refineries under its management could not refine a single drop of crude oil.According to the…
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Nigeria’s oil and gas industry growth declined by 19.8 per cent in the fourth quarter of 2020 compared with the same period in 2019, according to data from the Organization of Petroleum Exporting Countries (OPEC).OPEC, in a…
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The World Bank says remittance inflows to Nigeria declined by 28 per cent in 2020 because of COVID-19 pandemic.Vanguard reports, that the Bank also said remittance flows fell for Sub-Saharan Africa by 12.5 per cent, according to its…
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-By Bashir BelloThe management of the Petroleum Equalisation Fund, PEF has unveiled plans to venture into the gas sector with a view to equalising the transportation and distribution costs of Liquefied Petroleum Gas also known as…
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The Nigerian Labour Congress on Thursday insisted that petrol subsidy must not be removed and that it would not shift grounds on this position until Nigeria’s refineries were fixed.NLC’s position came as a support to the…
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The Presidential Economic Advisory Council has faulted a provision in the Petroleum Industry Bill currently before the National Assembly that recommended that the Federal Government should hold 100 per cent shares in Nigerian National…
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The Ooni of Ife, Enitan Ogunwusi, Ojaja 11 has paid an officially courtesy visit to the Dangote Refinery and Petrochemicals in Lagos. The Monarch noted that he was accorded the comprehensive assessment of the project’s magnitude. …
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By Teddy Nwanunobi (with agency report) No less than 16 consortia have been reported to be picked by the Nigerian National Petroleum Corporation (NNPC) for its new crude-for-fuel swap contracts for one year, starting in August.The…
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