FG Not Paying Niger Delta Gas Flare Revenues – Gov Diri
Governor of Bayelsa State, Senator Douye Diri, has bemoaned the failure of the Federal Government to remit to Niger Delta states revenues from gas flare fines and…
Browsing Tag
OilGas
We Need Public, Private Sector Collaboration To Meet Energy Goals – Ekpo
Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo has called for increased collaboration between public and private sector investors in order for the country to achieve…
Q4: Nigeria Rakes N363b Oil Revenue , As Sylva Says Improved Security In Niger Delta…
The Federal Ministry of Petroleum Resources on Monday, January 16, 2023, disclosed that Nigeria recorded progress in oil earnings following improvements in security within the Niger Delta…
Port Harcourt Refinery To Commence Operations Q1, 2023 – Sylva
The Minister of State for Petroleum, Timipre Sylva has revealed that the rehabilitation of the 60,000 bpd refinery is being completed and is going to be started by Q1 2023 as promised.…
Olu Of Warri Predicts Oil Discovery In Ogun State
The Olu of Warri, Ogiame Atuwatse, has predicted that Ogun would soon join the oil producing states as oil and other petrol-carbon products would be discovered in the state.
A…
FG Targets Nigeria’s Dominance Of West African Oil ,Gas Market
The Federal Government says it is targeting Nigeria's dominance of the oil and gas market in the West African region with its ongoing Refinery Revolution and Decade of Gas initiative.…
PIB: 2.5% For Host Communities Not Acceptable – Gov. Diri
The Bayelsa State Governor, Senator Douye Diri, has said the 2.5 per cent revenue proposed for host communities in the Petroleum Industry Bill (PIB) was grossly inadequate and unacceptable…
Petroleum Industry Intervention On COVID-19 Earmarks 53% Funding To Construct Medical…
Of the N21billion ($58million) pledged in kind as medical intervention by the Nigeria Oil and Gas Industry to combat COVID-19 and improve on healthcare delivery in the Country, 53 per cent…
Oil Price Crashes To $11 Per Barrel Amid COVID-19 Pandemic
The United State of America oil prices dived to 22-year lows at just $11 Monday after crashing almost 40 percent in a market flooded with crude and slammed by evaporating demand in the face…