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The House of Representatives has waded into the alleged N13.07 billion contract debt owned an indigenous oil company, DE COON Services Limited by the Nigeria Agip Oil Company (NOAC). The House action followed a petition written to it by…
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The Minister of State for Petroleum Resources, Chief Timipre Sylva, has said that Nigeria’s gas reserve can match its energy need if there is efficient utilisation and monetization template of the resources. Speaking at the maiden…
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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has explained why several licenses granted to private investors by government for the establishment of refineries could not come to…
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Oriental Energy Resources has commenced a marketing campaign of certain interests in its existing offshore Nigeria assets to qualified prospective partners, having recently obtained Government approval for its legacy block Oil Mining Lease…
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There is uncertainty over the Organisation of Petroleum Exporting Countries (OPEC) and allies’ plan to return supply to the market after the group’s output cuts, while the covid-19 pandemic continues to spread across many major economies…
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Reuters quoted today, Tuesday, sources confirming the postponement of the Saudi oil company, Aramco, the announcement of official selling prices for crude oil, for the month of September, until early next week. …
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…Inaugurates project committees The Minister of State for Petroleum Resources, Timipre Sylva, has, on Tuesday inaugurated two committees and five project teams for the Oloibiri Museum and Research centre which will be situated in…
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The Minister of State for Petroleum Resources, Timipre Sylva; the Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mallam Mele Kyari; and the Executive Secretary, Nigerian Content Development and Monitoring…
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The Nigerian National Petroleum Corporation (NNPC) regrets to announce the demise of its former Group Managing Director (GMD), Dr. Joseph Thlama Dawha. Dr. Dawha, died after a brief illness, NNPC Group General Manager, Group Public…
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Serious tension is building up at fuel depots and filling stations across the country as Federal Government’s new (August) price band for Premium Motor Spirit (PMS) also known as petrol suffers delay. There was a hike in the price…
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