Nigeria’s Federal Executive Council has approved the sum of $2,541,689 and N498,230,281 for four projects in the Ministry of Power. The Minister of Power, Saleh Mamman,...

The Department of Petroleum Resources (DPR) says it received investment proposals of about $500 million from gas development investors for building gas pipelines and other facilities...
The Department of Petroleum Resources (DPR) has said the federal government is planning to raise its oil reserves by 35 percent from 36.91 billion barrels to...

OBINNA EZUGWU There was a major shakeup in the Nigerian National Petroleum Corporation (NNPC), as some key staff were promoted, some redeployed to fill vacant positions,...
Oil major, Shell has appointed Mrs. Elohor Aiboni, as the Managing Director of its Nigeria deep-water business, Shell Nigeria Exploration and Production Company Limited (SNEPCO). Mr...

Nigeria’s Minister of State for Petroleum, Timipre Sylva, has said that the fuel subsidy regime will stay for the time being because the government is being...
Adebayo Obajemu Nigeria’s oil refineries will soon become very active as the Federal Government of Nigeria has approved $1.4 billion for the rehabilitation of Warri and...
Nigeria’s Federal Executive Council (FEC) has approved the acquisition of 20 per cent minority stakes ($2.76 billion) by the Nigerian National Petroleum Corporation (NNPC) in...

The Federal Executive Council (FEC), on Wednesday approved $15.44 billion for contracts in the Transportation and Petroleum Resources Ministries, as well as construction of 2x60MVA and...