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The Federal Executive Council has approved N5.4bn for the construction of oil and gas parks and indoor shooting range for aviation security. The Minister of State for Petroleum, Chief Timipre Sylva, spoke on the oil and gas project…
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Minister of State for Petroleum Resources, Timiprey Sylva, yesterday declared that it is impossible for the Federal Government to recover a total $62 billion from International Oil Companies (IOCs) being revenue lost to oil exploration…
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The Federal Government of Nigeria has issued licences for six modular refineries to commence operations in the country. Senior Special Assistant to the President on Niger Delta Affairs, Mr. Edobor Iyamu, disclosed this in Uyo, on…
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The latter is a Nigeria focused upstream oil and natural gas exploration and production company listed on the AIM in London with operational offices in Abuja, Nigeria and Aberdeen, Scotland. In a statement yesterday, Eland said the…
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Nigeria’s Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has explained that the 2020 national budget estimate was based on $57 per barrel in order to contain the price shocks from expected oil glut of 2020. The…
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The 9th edition of the Practical Nigerian Content (PNC) Forum, organised by CWC Africa in partnership with the Nigerian Content Development and Monitoring Board will take place from 2 – 5 December 2019 in Yenagoa, Bayelsa State. …
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The Honourable Minister of State for Petroleum Resources, Chief Timipre Sylva, has received in audience, the Director-General of the Infrastructure Concession Regulatory Commission, Engr. Chidi Izuwah and the top management of the…
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The Group Managing Director (GMD) of Nigerian National Petroleum Corporation (NNPC), yesterday disclosed that, Nigeria has attained 2.8 million barrel per day, despite the spate of oil theft ravaging the industry. Kyari who disclosed…
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To curb petroleum products’ diversion and aid effective distribution of PMS, otherwise known as petrol, the Minister of State, Petroleum Resources, Timipre Sylva, has unveiled ‘Operation White’ project geared towards ensuring transparency…
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*As senate passes Production Sharing amendment Bill Future Managing Director of the Nigerian National Petroleum Corporation( NNPC) faces a possible five-year jail term with an option of N500 million where it fails to call on the…
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