Govt targets 40,000 jobs from NLNG project
Nigeria Liquify Natural Gas (NLNG)The execution of the $17 billion Nigeria Liquefied Natural Gas (NLNG) Train 7 project will at its peak create over 40,000 direct and indirect jobs, the Executive Secretary of the Nigerian Content!-->…
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Oil Output To Increase By 35,000bpd – NNPC
The Nigerian National Petroleum Corporation says the country’s crude oil production is poised for an increased output of 35,000 barrels per day.
This is following the resolution of the dispute among Shell Petroleum Development Company,!-->!-->!-->…
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Oil vandals getting more sophisticated
Crude oil vandals in the Niger Delta are said to be upgrading their tactics in order to remain a step ahead of security agencies, Shell Petroleum Development Company Nigeria Limited (SPDC) has said.
Disclosing this at a media workshop!-->!-->!-->…
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Buhari sacks Head of Service, Oyo-Ita
*STABILIZATION OF THE FEDERAL CIVIL SERVICE
President Muhammadu Buhari has approved the appointment of Dr. Mrs. Folashade Yemi-Esan as the Acting Head of the Civil Service of the Federation with immediate effect.
Dr. Mrs. Yemi-Esan,!-->!-->!-->!-->!-->…
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‘Nigerian Oil producing States shared N302b in 7 months’
Data obtained from the National Bureau of Statistics (NBS) has shown that the nine (9) Oil Producing States in Nigeria shared a total N302.8 billion from the federation account through the 13% derivation formula.
According to!-->!-->!-->…
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Group lauds removal of VAT on cooking gas, says it will boost economy
The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), says the removal of Value Added Tax (VAT) on cooking gas by the Federal Government will deepen market penetration, boost the country’s economy and protect the!-->…
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Nigeria’s diesel dependent economy prepares for new clean fuel rules
Nigeria’s frenetic commercial capital, Lagos, is plunged into darkness several times a day. Then its generators roar, and the lights flood back on.
Nigeria is one of the world’s largest economies where businesses rely so heavily on!-->!-->!-->…
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Nigeria continues to bleed from pipeline vandalism
Pipeline vandalism is the willful act or deliberate act of damaging petroleum products pipelines with the sole aim of stealing crude oil and associated petroleum products. Pipeline vandalism often leaves in its trail a myriad of problems!-->…
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Oil Prices Slip After Saudi Arabia Moves To Restore Production
Oil prices slipped on Wednesday, extending losses from the previous session after Saudi Arabia’s energy minister said the kingdom will restore lost oil production by the end of the month.
But investors remained cautious about!-->!-->!-->…
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Petroleum Ministry Assures Full Support For 2020 Nigeria Petroleum Summit
The minister of state for petroleum resources, Timipre Sylva has said that he is ready to host local and international players and executives across the various sub-sectors and disciplines in the energy, oil and gas vast value chain!-->…
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