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FG Signs Brass Petroleum Products Terminal Agreement To Tackle illegal Refining

The Federal Government has signed shareholders agreement for the construction of Brass Petroleum Products Terminal Ltd (BPPT) to curb illegal refining and stabilise products...
Energy

FG: Digital Tech. key To Reducing Crude Oil Production Cost

The Federal Government says deployment of digital technology is key to reducing the Unit Operating Cost (UOC) of producing crude oil in Nigeria to...
Business

African Oil Producers Meet In Yenagoa, Canvass Regional Investments

The maiden edition of the African Local Content Roundtable ended on Friday at the Nigerian Content Tower in Yenagoa, Bayelsa State, with a strong...
Business

Oil Prices Hit 2-Year High On OPEC+ Optimism

By Irina Slav  Crude oil prices strengthened further this week hitting their highest level in more than two years, after OPEC+ signaled its growing optimism about...
Business

FG Concludes Marginal Field Bid Round, 80 Winners Awarded Certificates [List]

Nigeria’s Department of Petroleum Resources (DPR) has concluded the 2020 marginal oilfield bid round. The process is the first successful bid since 2003 when 24...
Energy

13% Derivation: HOSTCON Seeks Amendment In Constitution To Back Direct Payment To Communities

FG Should Set up Commission To Manage Fund For Communities - Emuh Delta, Edo, Bayelsa women make...
Energy

54 Oil Pipelines Vandalised In February – NNPC

The Nigerian National Petroleum Corporation (NNPC) says that 54 petroleum pipeline points were vandalised in February 2021. The Corporation disclosed this on its Monthly Financial...
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