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Minister of State for Petroleum Resources, Ibe Kachikwu, has said contrary to beliefs in certain quarters, the proposed modular refineries in the Delta region of the country, could not bridge the petrol supply deficit Nigeria is currently experiencing.
The Nigerian National Petroleum Corporation (NNPC) says the National Assembly has assured that the Petroleum Industry Bill (PIB) will be passed by June.
President Muhammadu Buhari has welcomed the rise in foreign private investments in the country owing to the success of his administration’s economic agenda.
Returnee indigenous India trained Graduate engineers of the Dangote Refinery have promised to deploy the knowledge and skills acquired during the training to ensure Nigeria is saved the embarrassment of fuel scarcity when the refinery come on stream.
The Management of Dangote Oil Refinery Company (DORC) says about 150 indigenous engineers have been trained in refinery operations in preparation for the take-off of its Lagos Refinery and Petrochemical Plant.
Two Chinese companies have held a groundbreaking ceremony to start the construction of a subsea pipeline installation for Dangote Oil Refining Company Limited in Lagos, Nigeria’s economic hub.
The Federal Government would prosecute any marketer that sells petrol above the recommended N145 per litre, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has warned.
The Nigerian Content Development and Monitoring Board (NCDMB) has released N7.2 billion for disbursement to local oil entrepreneurs with a view to boosting their participation in the oil business.
An economic expert, Charles Nwekeaku, has advised the Federal Government to follow due process in getting the forfeiture of monies in accounts without Bank Verification Numbers (BVN) to the government.
The United Labour Congress (ULC) on Tuesday commended the Nigerian National Petroleum Corporation (NNPC) on its plan to carry out complete overhaul-Turn Around Maintenance (TAM) of Warri and Kaduna refineries for optimal production.
The completion of Dangote Refinery in 2019 will mark another milestone in the Nigerian oil and gas industry as the $11 billion refinery hold the prospect of stopping of refined petroleum products by Nigeria.
The Nigerian Content Development and Monitoring Board, on Monday, said the management of Dangote refinery had agreed to select competent Nigerian vendors that would participate in the construction of the plant from the Nigerian Oil and Gas Industry Joint Qualification System.
Vladimir Putin has dismissed claims that Russia was behind the poisoning of former spy Sergei Skripal as "nonsense".
“This is critical because, for any society, if you get most things right and your politics is wrong, everything will go wrong,” Obi said.
The Minister of Power, Works and Housing, Babatunde Fashola, says the Federal Government will provide electricity for over 39,000 shops in Ariaria International Markets Aba in Abia before the end of the year.
No fewer than 18 persons were feared dead in an accident involving a Ford Explorer SUV and a Mazda bus at Alapako area on Lagos-Ibadan Expressway on Sunday.
Paris Saint-Germain's Timothy Weah has received his first call-up to the United States national team, as caretaker manager Dave Sarachan continues his youth movement by naming a 22-player squad for the March 27 friendly against Paraguay.
Angry China has lodged “stern representation’’ with the U.S. condemning the President Donald Trump’s signed legislation which encourages the U.S. to send senior officials to Taiwan to meet Taiwanese counterparts and vice versa.
Jurgen Klopp believes Liverpool can overcome Manchester City in their Champions League quarterfinal tie if his players impose their "specific style" and are "brave" across two legs.
A total of 12,981 local and foreign journalists from 2,416 media outlets will cover the Russian presidential election schedule for Sunday, the Russian Central Election Commission’s (CEC) data showed.
Eight housemates are up for possible eviction, following the dissolution of the `strategic partnership’ by Biggie, owner of BBNaija `Double Wahala’ house.
Bauchi state government has expressed shock at the death of Senator Ali Wakili who until his death in the morning of Saturday represented Bauchi South Senatorial District at the Senate.