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Nigerian conglomerate BUA Group has selected France’s Axens for a multibillion-dollar 200,000 barrel per day (bpd) refinery and petrochemicals plant in Nigeria, the French company said in a statement on Tuesday. Axens, which makes…
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The Federal Government has disclosed that Nigeria will be a net exporter of petroleum products by 2022 with the five built refineries across the country and the 7 refineries that are currently under construction. The disclosure was made…
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Entaglement is the new jargon in the Nigerian entertainment space currently.The word is used to mean a sort of intimate relationship is basically meant to be for ‘fun’. The phrase started as a result of the recent love escapades played…
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On Saturday, August 29, 2020, Dr. Omar Farouk Ibrahim's daughter, Amina (Ammi) got married to Fuad Yusuf Ahmed. The low-key wedding which took place at Annur Juma'at Mosque, Abuja attracted close Associates, and families of the groom and…
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The Executive arm of government is to transmit to the much-anticipated Petroleum Industry Bill, PIB, to the National Assembly in a couple of weeks, according to Minister of State for Petroleum Resources, Chief Timipre Sylva. Speaking in…
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Nigerian energy company Lekoil Ltd needs to raise around $100 million before it can start drilling in its Ogo oilfield, its chief executive told Reuters. Lekoil reached a deferred payment deal earlier this year to keep its stake in OML…
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Nigerian authorities are “not unmindful that the industry players are of the view that the current level of taxation on onshore and shallow water operation is excessive”, Timipre Sylva, the Minister of State for Petroleum Resources, has…
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The Ministry of Petroleum Resources has disclosed that filling stations will begin to dispense auto-gas into automobiles through selected filling stations across the country before the end of September. The document from the ministry…
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Speaking in Abuja, Sylva also disclosed that the executive was on the verge of concluding the PIB and would be sending the bill to the national assembly within the next couple of weeks. He said the bill was pivotal to the Federal…
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If there is anything the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari will be remembered for, it is his knack for resolving long-standing disputes and responding proactively to emerging…
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