Between IMF, World Bank Reforms and Buhari’s Home-Grown Data
-By Benjamin Ike
Penultimate Wednesday the World Bank and International Monetary Fund (IMF) made case for urgent structural reforms to fast-track Nigeria’s economic recovery even as President Muhammadu Buhari faulted the statistics!-->!-->!-->…
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OML 25: Why Buhari Apologised to Host Communities
-By Gideon Osaka
President Muhammad Buhari’s apology to Belema and Offion Ama, in Akuku Toru local government area of Rivers State, host communities of the contentious oil mining lease, OML 25, may have come to many Nigerians as a!-->!-->!-->…
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Russia & Saudi Arabia seal major deals & sign OPEC+ long-term cooperation charter
-By Julius Ogar
More than 20 deals have been signed on Monday between Moscow and Riyadh during President Vladimir Putin’s state visit to Saudi Arabia.
The agreements include the charter for long-term cooperation between the!-->!-->!-->!-->!-->…
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Resource Replacement Ratio Lowest in Decades, Report Shows
-By Gideon Osaka
Oil and gas companies have discovered 7.7 billion barrels of oil equivalent, Bboe year-to-date, according to Rystad Energy’s latest global discoveries report. Palzor Shenga, Senior Analyst on Rystad Energy’s!-->!-->!-->!-->!-->…
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Dangote unveils plans for fuel exports to Europe, others
Dangote Group has said it plans to export petroleum products from its refinery to Europe, South America, West Africa and Central Africa.
The company stated this on Sunday during a visit by a delegation led by the Minister of State for!-->!-->!-->…
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PEF (M)B: The Silent Contributor to Zero Fuel Queue Strides
-By Fred Ojeigbe
The task of ensuring seamless supply and distribution of petroleum products across the country is usually not achieved without industry-wide collaboration among critical agencies in the oil sector.
Key among these!-->!-->!-->!-->!-->…
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Hope Rises for NLNG Train 7, as NNPC, NLNG Seal $2.5bn Gas Supply Deal
-By Gideon Osaka
The long wait for the take-off of Nigeria Liquefied Natural Gas, NLNG Train 7 may be over as indications emerged that the final investment decision, FID, may be made early November.
This is coming as the Nigerian!-->!-->!-->!-->!-->…
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Between Operation White and Revenue-Leakage in Downstream Sector
-By Benjamin Ike
Penultimate week, Minister of State for Petroleum Resources and former Governor of Bayelsa State, Chief Timipre Sylva inaugurated the Nigerian National Petroleum Corporation (NNPC)-led initiative to guarantee energy!-->!-->!-->…
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14 Companies Bid for OML 119 Redevelopment Financing
In furtherance of the transparency agenda of the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, the corporation has publicly opened bids from 14 companies for the financing and!-->…
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U-17 World Cup: NFF smuggled DSS boss’ son into Eaglets team
Abba, son of the Director-General of the Department of State Services (DSS) Yusuf Bichi, was part of the Golden Eaglets team currently representing Nigeria in Brazil.
However, a Sahara Reporters report claims that team coach Manu Garba!-->!-->!-->…
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