NOGOF 2019: Project Cost to Determine Future Approvals — Kachikwu
-By Yange Ikyaa
At the just concluded Nigeria Oil and Gas Opportunity Fair (NOGOF), Dr. Ibe Kachikwu, Nigeria’s Minister of State for Petroleum Resources, told the gathering of oil and gas industry that approval for projects in the!-->!-->!-->…
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Senate’s Passage of PIGB puts Pressure on PRESIDENCY to Expedite Assent …As Executive delay stalls…
-By Gideon Osaka
The Senate during plenary on Wednesday, April 17 passed the Petroleum Industry Governance Bill (PIGB), which it had reworked. The Senate passed the bills after its technical committee worked on President Buhari’s!-->!-->!-->…
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Inside Multibillion Dollar Dangote Petrochemical Complex
-By Yange Ikyaa
Untold story of the world’s largest refinery in the making, its business and employment opportunities for people and companies in Nigeria
The Dangote Oil Refinery Company is constructing an integrated refinery and!-->!-->!-->!-->!-->…
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Nigeria, Saudi Arabia to Present MoU on Oil and Gas Infrastructure Development in May
-By Fred Ojiegbe
The Minister of Energy, Industry and Mineral Resources of the Kingdom of Saudi Arabia, H.E. Khalid bin Abdulaziz Al-Falih has expressed the strong readiness of his country to sign a Memorandum of Understanding (MoU)!-->!-->!-->…
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Why Oando divested from Axxela
-By Gideon Osaka
The recent divestment of Oando Plc from its affiliate company, Axxela Limited, to Helios Investment Partners may have been effected to enable it concentrate on its upstream dollar-based business, Valuechain has learnt.
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NNPC to build condensate refinery for petrol production
The Nigerian National Petroleum Corporation is in the process of establishing a condensate refinery that is to specifically produce Premium Motor Spirit, also known as petrol.
It was learnt that the corporation had completed the!-->!-->!-->…
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NNPC pays N153.01bn into Federation Account in Jan
The Nigerian National Petroleum Corporation (NNPC), says it transferred N153.01 billion into the federation account in January.
The corporation disclosed this in its Financial and Operations Report for the month of January!-->!-->!-->…
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OPEC tries to depoliticize oil, Barkindo says in Tehran
OPEC tries to depoliticize oil, the producer group’s secretary-general was quoted by the Iranian oil ministry as saying on Thursday, following accusations by Iran that the United States is using oil as a weapon against Tehran.
The!-->!-->!-->…
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Oil workers to Buhari: end fuel importation
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has urged President Muhammadu Buhari to end the nation’s reliance on imported petroleum products.
The oil workers promised to give the President the necessary support to!-->!-->!-->…
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Baru hails Nigeria’s crude oil bidding process
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has said that the bidding for the 2019 Direct Sale of Crude Oil and Direct Purchase (DSDP) to local and international business partners!-->…
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