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The Nigerian Content Development and Monitoring Board (NCDMB) on Monday took formal possession of its newly completed 17-storey headquarters building from the major contractor of the project, Megastar Technical and Construction Company…
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President Muhammadu Buhari on Monday reconstituted the Boards of the Nigerian Liquefied Natural Gas Limited (NLNG) and Bonny Gas Transport Limited (BGT) and appointed a former Minister of State for Petroleum Resources, Dr. Edmund Daukoru,…
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Two businessmen have been convicted of a £4.9m bribery plot to win oil deals in Iraq. Ziad Akle, 45, and Stephen Whiteley, 65, aimed to secure contracts worth £650m following the overthrow of Saddam Hussein in 2003. The pair were found…
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-By Saidu Abubakar Enugu Rangers have accepted the decision of the Nigeria Football Federation NFF and the League to end the 2020 NPFL season with the Points Per Game (PPG). Rangers CEO Davidson Owumi disclosed this over the weekend…
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Today, HRH Prince Abdulaziz Bin Salman Al Saud, Minister for Energy, had a phone discussion with HE Timipre Sylva, the Nigerian Minister of State for Petroleum Resources. Chief Timipre Sylva, Nigeria's HMoSPR The discussion between…
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The oil market is getting closer to balance as demand gradually rises, OPEC's secretary general said on Monday, two days before the group and ally Russia meet to decide whether to ease output curbs from August. The Organization of the…
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The Nigerian National Petroleum Corporation (NNPC) has denied the allegation by labour unions that it sacked 850 workers at the refineries.Labour unions under the aegis of Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the…
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Delivering remarks at the Annual Statistical Bulletin launch, today in Vienna, Austria, the OPEC Secretary General, Mohammad Sanusi Barkindo acknowledged Professor Jonas Puck of the Vienna University of Economics and Business for…
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The OPEC Secretariat today launched the 55th edition of one of its flagship publications, the Annual Statistical Bulletin (ASB), via videoconference and livestream on the OPEC website The launch was attended by Mohammad Sanusi…
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The Ministry for Petroleum will pass the long-awaited Petroleum Industrial Bill, PIB to the National Assembly by end of the month. Minister of State for Petroleum, Chief Timipre Sylva in an interview on in ARISE television, said the…
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