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FG, Shell in Talks Over Former’s Plan To Divest from Nigeria, Says Minister

Following increasing reports to the effect that the Shell Petroleum Development Company (SPDC) plans to divest its assets in Nigeria, the Federal government has...

Business

Oil Crisis Update: Russia Could Get Forced Out Of Africa’s Hottest Offshore Oil Play, By Expert

*How Russia’s LUKOIL Sealed Investment Deals In Nigeria, Cameron, Senegal, Others By Viktor Katona Times are tough for Russian oil companies. In the post-Crimean era where...

Business

Oil Crisis: Hope Rises As Nigeria, Saudi Arabia Restate Commitment To OPEC+ Deal

Ahead of a crucial high-staked meeting of the Organization of Petroleum Export Countries and its allies known as OPEC+ this week, Nigeria and Saudi...

Energy

Unrealistic To Continue With Subsidy Regime, Minister of Petroleum Discloses

The Minister of State for Petroleum Resources, Timipre Sylva has said that it was unrealistic for the government to continue with the subsidy regime,...

News

Bayelsa: “Don’t Drag Sylva, Wabote’s Names Into Your Dirty Politics”

By Hamilton Nwosa(Head, The New Diplomat’s Business and data tracking desk) The leadership of Transparency in Petroleum Exploration and Development Initiative (TIPEDI) has warned some...

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APC Chieftain Laments: Opponents Behind Plots To Create Discord Between Amaechi, S-South Leaders

A chieftain of the All Progressives Congress ,( APC), and a former National Publicity Secretary of a break-away PDP faction, New Peoples Democratic Party...

Business

Amid Forex Scarcity Concerns, PPPRA Clears Marketers To Import Petrol

In a move that could further escalate Foreign Exchange, Forex demand and trigger scarcity, the Petroleum Products Pricing Regulatory Agency, PPPRA said it has...

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