Buhari hinges Nigeria’s revenue boost, job creation on gas sector
President Muhammadu Buhari and top government functionaries have expressed optimism that the government’s focus on the gas sector would boost…
Price of Cooking Gas Rises by 20%
The price of Liquefied Petroleum Gas, popularly known as cooking gas, sold to marketers in the country has risen by…
[BREAKING] Second wave: Kwara declares partial lockdown
Kwara state government has imposed another lockdown in the state from 12 midnight to 4 am with effect from Thursday,…
Brass Fertilizer, Atlantic Refinery to begin in 2021 – Sylva
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has said the Brass Fertilizer project and the Atlantic Modular…
Oil’s rally fueled by vaccine progress, running out of steam
The oil market has rallied almost 40% in the last two months, pushing benchmarks to nine-month highs, in a euphoric…
China approves $2.6bn loan for AKK gas project
China has approved and will disburse its 85 per cent loan required to fund the $2.6bn Ajaokuta-Kaduna-Kano gas pipeline project,…
How Local Content Saved Oil Industry During Lockdown — NCDMB
The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB) Mr. Simbi Wabote, has said the capacity developed by local…
Nigeria, Others to Begin Extractive Contracts Disclosure from January
The global Extractive Industries Transparency Initiative (EITI) has said that beginning from January 1, 2021, Nigeria and 54 other countries…
Consumers’ Protection, Market Factors Will Decide Petrol Price Says Sylva
The federal government has said that the policy choice it adopted in the deregulation of Nigeria’s downstream petroleum sector was…
FG pegs Autogas Vehicle Conversion at N250,000
The Federal Government has disclosed that automobile owners will pay up to N250, 000 for conversion targeted at enabling their…