Following discovery of crude oil in commercial quantities in Nasarawa State, plans are in top gear to commence drilling from March 2023. Group Chief Executive Officer,...
The Nigerian Government has unveiled plans to set up a reliable database with which she can determine appropriate tariff methodology for transportation and bulk storage of...
As part of efforts to mitigate the hardships facing Nigerians currently, the management of Techno Oil Limited has directed its outlets nationwide to switch on to...
Frantic efforts to restore normalcy in the supply of Premium Motor Spirit (PMS) has seen the Minister of State, Petroleum Resources, Timipre Sylva undertake an inspection...
Nigeria’s failure to meet the 1.8m barrel per day crude oil production allocation by the Organisation of Petroleum Exporting Countries (OPEC) has seen her recording monthly...
The Nigerian government has moved to entice some Spanish investors with the opportunities in the2022 deep offshore mini-bid round. Minister of State for Petroleum Resources, Timipre...
The Minister of State for Petroleum Resources, Timipre Sylva, has explained that though subsidising Premium Motor Spirit (PMS) is a drain on the national economy, the...
Lease and licence holders operating in Nigeria’s oil and gas sector, have been given a seven-day ultimatum to unveil the true identities of the real owners...
Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC) laments that there exist several loopholes for criminals to defraud the country in the oil...
With global recession looming large and demand concerns on the horizon, oil prices slowed down on the first day of trading for the year 2023....