FG will cut production cost in oil industry -Sylva
The Minister of State for Petroleum Resources, 10, said the Federal Government was committed to its plan to cut the cost of production and boost local participation in the oil and gas sector of the country.
Sylva stated this in an!-->!-->!-->…
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Osinbajo Performs Ground Breaking Ceremony Of Railway Plant
The Vice President of Nigeria, Prof. Yemi Osinbanjo on Saturday laid the foundation for the construction of Wagon Assembly Plant in Kajola, Ogun State, the largest private investment by the China Civil Engineering Corporation (CCECC) in!-->…
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Nigeria makes $54b from crude oil exports in 2018
…Ranks fourth on OPEC’s list
Nigeria raked in a whopping $54. 4 billion from crude oil exports last year, ranking fourth on OPEC’s list of highest-earning countries in the group.
Statistics from the Organization for the Petroleum!-->!-->!-->!-->!-->…
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Fuel Supply Ban: Government Should Address Fundamental Issues –Expert
*Ndukauba gave this advice while speaking with SaharaReporters on Friday in reaction to the recent announcement made by the Director-General of NCS, Hameed Ali, ordering the stoppage of supply of petroleum products to communities within!-->…
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OML 119: NNPC probes oil bloc bids
Sequel to the disqualification of four companies bidding for the financing and redevelopment of Oil Mining Lease (OML) 119, a twin offshore block made up of Okono and Okpoho fields located approximately 50 kilometres offshore south-eastern!-->…
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Outrage as Swazi king receives 120 BMWs, 19 Rolls-Royces for his family
Opposition leader Wandile Dludlu says 19 Rolls-Royce cars were delivered to Swaziland last week for the exclusive use of the king, his mother and his wives. This was on top of 120 BMWs ordered by King Mswati, for the exclusive use of the!-->…
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Total Offloads Its 12.5% Stake In OML 118
French oil giants, Total has put up for sale its 12.5% stake in a major deepwater oilfield off the coast of Nigeria. The move is believed to be in the effort to adjust the energy company’s Africa portfolio amid a broad expansion, Reuters!-->…
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NUPENG, PENGASSAN back FG on fuel sale suspension, as border residents fume
The Nigeria Customs Service has suspended supply of petroleum products to petrol stations within 20 kilometres of all the border posts.
The Comptroller General of Customs, Col. Hameed Ali ( retd.), gave this directive to all!-->!-->!-->…
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Imminent food crisis face 16 states, FCT as yuletide approaches -Report
Different countries of the world struggle annually to achieve food security, some go extra mile to ensure that more citizens participate in achieving this by legislating that at least every family should grow a subsistence farm in their!-->…
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Photospeak: Sylva on tour of NCDMB
The Honourable Minister of State for Petroleum Resources, His Excellency Chief Timipre Sylva is currently on a working visit to the Nigerian Content Development and Monitoring Board in Yenagoa, Bayelsa State.
In addition to the priority!-->!-->!-->…
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