NNPC introduces fresh guidelines for crude oil swaps
The Nigeria National Petroleum Corporation (NNPC), says oil companies henceforth bidding for oil-for-products deals, otherwise known as ‘crude oil swaps’…
Oil price steadies as Russia joins OPEC in output cuts
Oil prices steadied on Wednesday as Russia joined OPEC in cutting production to balance the market, although large supply in…
NNPC’s new helmsman’s 16-point reform agenda
Dr Maikanti Kachalla Baru, new Group Managing Director of the Nigerian National Petroleum Corporation, unfolds an ambitious 16-point agenda in…
NEPC targets $100bn earnings from non-oil exports
In line with the resolve by the Federal Government to diversify the economy, the Nigerian Export Promotion Council (NEPC) has…
Taming the shrew
The Federal Government faces tough choices in its bid to end pipelines vandalism by Niger Delta militants and save the…
Seplat to boost shareholder value through gas investment
Dr. ABC Orjiako, the Chairman of Seplat Petroleum Development Company Plc, says that the company would invest more in its…
Fuel import costs Nigeria N226bn in Q1 2016
Nigeria spent N226.215 billion on the importation of Premium Motor Spirit, PMS, also known as petrol, in the first quarter…
Nigeria’s quest for oil price rise
Nigeria turns to major oil producers to help stabilise global oil price rise and improve the country’s dwindling revenue…
The drive towards zero gas flaring
Nigeria’s zero gas flaring policy remains largely unenforced despite decades of unprecedented human and material losses. But with oil…
Sustaining the impact of Local Content Act
About five and half years since Nigerian Content Development and Monitoring Board (NCDMB)began the implementation of the Nigerian Local…