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Standard Chartered Bank’s Chief Africa Economist Razia Khan, yesterday advised the federal government to initiate reforms that would prevent the economy from external shocks in the event of a slump in crude oil price. Speaking at the…
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The positive intervention of the various agencies of the Federal Government for the resolution of the feud between Samsung Heavy Industries Nigeria Limited (SHIN) and LADOL, has boosted the confidence of Korean companies in Nigeria,…
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Minister of State for Petroleum Resources, H.E. Chief Timipre Sylva was part of the Nigerian delegation at the US-Nigeria Binational Commission Meeting held in Washington DC on February 3-4, 2020. DFC and the delegation To…
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The Nigerian Content Development and Monitoring Board (NCDMB) has organized a one-day sensitization workshop on Vendor Development Programme, with a view to enlightening vendors operating in the oil and gas industry on how to register and…
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  …Decries dipping of gas reserves since 2013 The Department of Petroleum Resources (DPR) has confirmed that a formal, special launch of the Nigerian Gas Transportation Network Code (NGTNC) is scheduled for Monday, February 10, 2020,…
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The leadership of the Department of Petroleum Resources (DPR) in Tarab state have confirmed granting approval for the construction of five Liquefied Petroleum Gas (LPG) plants in the state. The five gas plants which according to…
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The following announcement is being made in accordance with Rule 4 of the Nigerian Stock Exchange Amended Listing Rules and Rule 9.6.11 of the UKLA Listing Rules. Resignation of a Non- Executive Director: The Board of Directors of…
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The Liquefied Petroleum Gas Retailers (LPGAR), a branch of National Union of Petroleum and Natural Gas Workers (NUPENG), says it has started the process of data capturing of all LPG retailers in Nigeria. Its National Chairman, Mr…
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Africa Oil Corp. (“AOI”, “Africa Oil” or “the Company”) announced that it has received its first dividend from Prime Oil and Gas B.V. (“POGBV”, previously known as Petrobras Oil and Gas B.V.), a company that holds interests in deepwater…
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Nigeria’s Natural Gas reserves has been on the incline from 2013 and is projected to continue to grow at a conservative rate of about 1.0%, the country’s Department of Petroleum Resources (DPR) has reported. In 2018, gas development…
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