Minister, officials flag off Committee activities for Gas Price Review
The Federal Government has initiated plans to review the price of gas in the country. This was made known by the Minister of State, Petroleum Resources, Chief Timipre Sylva while inaugurating the Committee on Gas Sector-Wide Review of the domestic…
Only Transcorp Power, Geregu are performing Gencos—Senate
Fresh reasons have emerged from the Nigerian Senate on why the 2013 privatization exercise of the nation’s power sector may be reversed sooner than later. Addressing newsmen recently, the Senate Committee on Power has disclosed that only two out of…
Total berths its latest LNG built by Samsung Heavy Industries in Korea
Latest report from World Maritime News has it that Greece-based shipping company; TMS Cardiff Gas has taken delivery of a new LNG tanker built by South Korea’s shipbuilder Samsung Heavy Industries. The newest addition to the shipping company’s fleet is…
FG hikes cost of prepaid meters as Benin, Niger owe N32.1bn to Nigeria
Strong indications emerged yesterday that Nigerians yet to get their electricity prepaid meters will pay more for the access effective from this week as the Nigerian Electricity Regulatory Commission (NERC) has disclosed that a total of N32.1 billion is the…
(Special Report) WED 2020: Looking at Chevron’ devotion to Biodiversity Conservation in Nigeria
“We should preserve every scrap of biodiversity as priceless while we learn to use it and come to understand what it means to humanity.”These words of Edward Wilson underscore the emerging conversations as we mark yet another World Environment Day…
Award of Train 7 contract good for Nigerian economy—Minister
The minister of State, Petroleum Resources, Chief Timipre Sylva, has described the recent sealing of LNG Train 7 deal as “A historic moment. Nigerians have long awaited the take-off of the Nigeria LNG Limited’s Train 7 Project because of its…
Nigeria and Oil: Looking beyond price collapse towards post recovery savings (Part 2)
By Austin Okere On April 20, 2020 the screaming headlines on CNN was that the price of WTI crude oil had fallen by 306% to $-37.63 per barrel, the first time on record that oil price has hit negative territory….
Nigeria and Oil: Looking beyond price collapse towards post recovery savings(Part 1)
By Austin Okere On April 20, 2020 the screaming headlines on CNN was that the price of WTI crude oil had fallen by 306% to $-37.63 per barrel, the first time on record that oil price has hit negative territory….
NNPC, Chevron share COVID-19 palliatives in Kano
The Minister of State for Petroleum Resources, *Chief Timipre Sylva* on Saturday, led the Nigerian National Petroleum Corporation and its partners – Chevron Nigeria Limited (in the Upstream) and Bovas & Company Limited (in the Downstream) to distribute medical consumables,…
GP Global acquires lubricants assets of Nigeria’s Grand Petroleum
GP Global has acquired the lubricants assets of Nigeria’s Grand Petroleum; Grand Petroleum is part of Nigerian conglomerate: The Nosak Group; the acquisition further strengthens GP Global’s presence in Nigeria and West Africa; the acquisition includes a blending plant &…
