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Petroleum Technology Association of Nigeria has said it will step up efforts to increase indigenous vessel ownership from less than 10 per cent to over 40 per cent.
President Muhammadu Buhari has returned to Abuja after five-day visits to Malabo (Equatorial Guinea), Katsina and Kaduna States.
The Nigerian National Petroleum Corporation, NNPC, yesterday, expressed concern that the persisting volatility in the price of crude oil is putting pressure on the local content initiative of the Federal Government.
Those at the meeting included the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari; the Minister of Works and Housing, Babatunde Fashola; the Inspector General of Police, Mohammed Adamu; and heads of agencies in oil and gas.
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Malam Mele Kyari, says the Final Investment Decision (FID) for Nigerian Liquefied Natural Gas (NLNG) Train 7 would be executed in December.
President Muhammadu Buhari will depart Abuja Friday to participate in the 5th Gas Exporting Countries Forum (GECF) in Malabo, Equatorial Guinea.
The Nigerian National Petroleum Corporation (NNPC), China Petroleum Pipeline Engineering Company Limited (CPPECL) and Brantex Consortium, have concluded plans for the commencement of work on the Abuja-Kaduna-Kano pipeline project popularly known as AKK project, a release by the National Oil Company’s Acting Group General Manager, Group Public Affairs Division, Mr. Samson Makoji, made this known in a statement yesterday.
The Federal Government will on 12th December this year unveil the identities of the true owners of its oil blocks through the beneficial ownership register for the oil and gas industry, the Nigerian Extractive Industries Transparency Initiative (NEITI) has said.
Former Group Managing Director of defunct Diamond Bank and the 2019 Governorship candidate of the All Progressives Grand Alliance (APGA), Dr. Alex Otti, has called for the reduction of cost of governance in Nigeria.
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, on Wednesday disclosed that the Corporation was poised to automate its downstream facilities such as depots, pump stations and measurement systems across the Country.
As the final match of the 2019 Delta State Principals’ Cup draws near, the state government and the sponsors, Zenith Bank are planning exciting time for the finalists and fans.
Minister of Mines and Steel Development, Olamilekan Adegbite, has said that the Federal Government will stop importation of steel products into the county to the is to encourage local investors in the sector.
The Nigerian National Petroleum Corporation (NNPC) and the United States Trade and Development Agency (USTDA) have concluded arrangement to sign a 1.16 million dollar grant as part funding for the NNPC-Abuja Independent Power Project (IPP).
A world renowned oil engineer, Mr Barth Nwibe, has said that if nothing was done to harmonise the oil sector in Nigeria, the country will loss her rating in oil production in the next 30 Years.
The Supreme Court on Monday adjourned a cross appeal against the Central Bank of Nigeria seeking to compel it to disclose information under the Freedom of Information Act.
Nigerians may bid fuel scarcity farewell if the Federal Government’s plan to build two 200,000 barrels per day (bpd) condensate refineries comes to fruition.
The Federal Government has pledged to support the 650,000 barrels per day capacity Dangote Refinery and Petrochemicals Plant with crude oil feedstock and other necessary inputs to the success of the project.
The Federal Government has reiterated its support for the $12bn Dangote Refinery and Petrochemical through feedstocks and off-takers of products to add value to the nation’s economy.
Kabir Marafa, a former senator, said some governors are plotting to replace Adams Oshiomhole, national chairman of the All Progressives Congress (APC) with AbdulAziz Yari, former governor of Zamfara state.
Wayne Rooney admits he has a desire to get into football management as he prepares for his return to the English game in January.
Lebanon’s caretaker prime minister Thursday asked international funding bodies for support in drawing up an emergency rescue plan for his protest-wracked country.
Maj.-Gen. Usman Yakubu, Commander Corps of Artillery, Kontagora has called on Nigerians to be more security conscious before, during and after the Christmas and New year festivities.
The Chief Of Army Staff, Lt-Gen Tukur Buratai, has called Senior Non-Commissioned Officers (SNCOs) to display fresh innovations in tackling security challenges facing the country.
Chairman of Air Peace, Chief Allen Onyema, was at the weekend bestowed with a prestigious honour of Most Distinguished Alumnus Award.
The Nigeria Medical Association (NMA) says with at least 3,000 doctors graduating yearly, it would take about 25 years to produce adequate numbers of doctors to cater for the country’s population.
The Nigerian Communications Commission, NCC, on Tuesday warned telecom consumers of unauthorirized SIM Swap and other fraudulent activities by dubious individuals who take advantage of innocent citizens, asserting that the full wrath of the law would be visited on culprits.
Miss South Africa was crowned Miss Universe on Sunday in Atlanta after a lavish ceremony filled with glitter and heartfelt speeches about female empowerment.
Ivan Rakitic says Barcelona is "the perfect place” for him after starting his third successive game in the 5-2 win over Real Mallorca on Saturday.