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*Petroleum Minister fully represented The Honorable Minister of State for Petroleum Resources, Chief Timipre Sylva was Thursday represented by his Chief of Staff/Senior Technical Assistant, Engr. Moses Olamide at the Roundtable on…
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The Federal Government of Nigeria (FGN) inaugurated 89 individuals from five (5) different key agencies to ensure and enforce transparency and accountability in the distribution of petroleum products in the country. Speaking at a brief…
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-By Kenny Folarin The Organization of Petroleum Exporting Countries (OPEC) is meeting in Vienna on Thursday to, among others, review oil cut agreements and deal with developments in the global volatile market. The global oil…
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The Integrated Data Services Limited, IDSL, a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has recorded a significant increase in its revenue base from N5.5billion in 2016, N7.6billion in 2017 to N19.033billion in…
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Waltersmith Modular Refinery, a 5,000 barrels per day production capacity facility being promoted by Nigerian Content Development and Monitoring Board (NCDMB), will commence operations in July 2020, an official said. The Executive…
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The House of Representatives has mandated the Committees on Treaties, Protocols, and Agreements, and Petroleum Resources (Upstream) to review all the Agreements and Memoranda of Understanding between the Oil Companies and the host…
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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Mallam Mele Kyari has outlined possible ways the Nigeria economy in general and the oil and gas Industry in particular could reap from the recent discovery…
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The Federal Government has assured that there will be no scarcity of Petroleum Products during this Christmastide. The assurance was given by top Federal government officials during a meeting in Abuja with stakeholders in the oil and…
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...5% Reduction in cost of Crude Production -By Kenny Folarin The Minister of State for Petroleum Resources, Chief Timipre Sylva has said that the ministry will increase crude oil production to three million barrels per day (bdp) as…
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… As Corporation’s GMD Say No Plans to Increase Fuel Critical major Stakeholders in the Downstream Sector of the Petroleum Industry rose Tuesday in Abuja at a meeting chaired by the Group Managing Director of the Nigerian National…
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