Business Hilights

Tracking Nigeria's Headline Business News Online

Petroleum Technology Association of Nigeria (PETAN)

‘Dearth of requisite regulatory framework frustrated Nigeria-British gas to power deal’

More disturbing details have emerged on why the contractual agreement between the Nigerian Petroleum Ministry and British firm, Process & Industrial Development Limited (P&ID) on the construction of accelerated gas development project planned for Cross Rivers State failed. Already, a…

Chevron’s Nigeria boss, Jeff Ewing bags 2018 PETAN Leadership Award at OTC

Chairman and Managing Director of Chevron Nigeria/Mid-Africa Business Unit, Mr. Jeff Ewing,  has received the 2018 PETAN Leadership Award at the ongoing Offshore Technology Conference (OTC) in Houston Texas, USA. The award was given on Tuesday May 1, 2018, at…

New strategy tailored to reduce oil production cost to $2 per barrel coming

Indication has started to emerge showing that Nigerian government has been working on the possibility of reducing aggregate cost of producing one barrel of oil to as low as $2. This is coming on the heels of a new deal…