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Seplat Petroleum Development Company Plc, leading indigenous energy company, has identified its fast-growing gas business as a strong catalyst for sustainable development in Nigeria.
Chief Timipre Sylva, Minister of State for Petroleum Resources, says the passage of the Petroleum Industry Bill (PIB) will unlock several midstream gas opportunities and enhance domestic gas utilisation.
An advocacy group, Niger Delta Peace Dialogue Initiative, NDPDI, has described as tissues of lies the allegations of $25 million and $2 million bribe taking against the Minister of State for Petroleum Resources, Chief Timipre Sylva, and Executive Secretary, Nigerian Local Content Development and Monitoring Board, Chief Simbi Wabote, respectively.
The federal government yesterday inaugurated the National Gas Expansion Programme (NGEP) in the Southwest Nigeria as part of its efforts to make gas an alternative energy for industrial, transportation and domestic uses.
The Department of Petroleum Resources (DPR) on Monday flagged off the Oil and Gas Search, Rescue and Surveillance (SeRAS) Command and Control Centre in Lagos.
Petroleum marketers are beginning to adjust the pump price of petrol to N170 per litre from between N161 and N165, according to a report.
The Minister of State for Petroleum, Mr. Timipre Sylva, on Monday disclosed that Nigeria will join the global community in achieving complete elimination of gas flaring by 2025.
The Minister of State for Petroleum Resources, Mr. Timipre Sylva, has asked Nigerians to ready to endure the pain of another hike in the price of premium motor spirit, popularly called petrol, even as the country is also set to benefit from the rise in price of crude oil in the international market.
The Federal Government has inaugurated the Nigerian Upstream Cost optimisation Programme (NUCOP) to drive down the cost of crude oil production in the country.
The N-Power, cash-for-work programme, inaugurated by President Muhammadu Buhari in 2016 with 500,000 of direct beneficiaries, is spread across the key industries targeted by the programme – Agriculture, Health, Education, and Tax.
The Organisation of Petroleum Exporting Countries, OPEC, and non-OPEC member States, have withdrawn 2.1 billion barrels of excess oil from the volatile oil market, thus raising hope on market stability.
The Technical Committee on Premium Motor Spirit (PMS) Pricing Framework has submitted its report to the Federal Government and the Organised Labour.
The Director and Chief Executive Officer of the Department of Petroleum Resources (DPR), Mr Sarki Auwalu, has said that the federal government is moving the headquarters of the industry regulator from Lagos to Abuja for the sake of centrality.
The National President of the Host Community of Nigeria Producing Oil and Gas, Benjamin Tamaranebi, on Sunday insisted that the 2.5 per cent, proposed in the Petroleum Industry Bill, being supported by the Minister of State for Petroleum Resources, Timipre Sylva, was not acceptable.
The Nigerian National Petroleum Corporation (NNPC) says it would do everything within its powers to ensure the timeous completion of the $3.6bn Integrated Gas Processing and Methanol Plant in Odioma, Brass Island, Bayelsa State.
The Minister of State for Petroleum Resources, Chief Timipre Sylva, says the upcoming integrated methanol and gas project would create 30, 000 direct and indirect jobs in the country.
The students abducted from Government Girls Secondary School, Jangebe, in Talata Mafara Local Government Area of Zamfara State, are still with their captors, the state government has said.
Against the backdrop of rising murders and kidnappings in the country, the Global Peace and Life Rescue Initiative (GOPRI) has implored President Muhammadu Buhari to be ruthless with bandits in order to serve as a deterrent to others.
“This is to confirm that Salihu Tanko-Yakasai is with the DSS and he is being investigated over issues beyond the expression of opinions in the social media as wrongly alleged by sections of the public,’’ he stated.
Governor Okezie Ikpeazu has assured that the on-going Eziukwu Cemetery Road which has been abandoned for close to three decades would be fully recovered under his watch.
Fulham picked up another point in their quest for survival but could have taken all three after bossing a goalless draw with a Palace side devoid of inspiration.
Supporters of the losing candidate in Niger’s presidential election burnt tyres, threw rocks and set several buildings on fire on Thursday, in a third day of violent protests in the capital Niamey.
Australia’s parliament passed a law on Thursday to make Alphabet Inc’s Google and Facebook Inc pay media companies for content on their platforms in reforms that countries such as Britain and Canada are looking to replicate.
Myanmar’s military-appointed foreign minister travelled to Thailand on Wednesday, a Thai government source said, as Myanmar’s neighbours intensified efforts to resolve a crisis that began when its army seized power in a Feb. 1 coup.
The Presidential Amnesty Programme office has introduced new training package for ex-militants under the amnesty scheme.
Chairman/Chief Executive Officer of the National Drugs Law Enforcement Agency, NDLEA, Brigadier-General Buba Marwa (rtd) has expressed regret that the drugs abuse situation in the country is so bad that criminal elements especially kidnappers and armed bandits now ask for payment of ransoms in drugs.