Nigeria's petroleum downstream sub-sector, especially refineries, pipelines and others may witness a major overhaul following ongoing talks between...

Nigeria is a gas hub producing over 2 million metric tons of Liquefied Petroleum Gas (LPG). But total penetration of LPG, otherwise called cooking gas...

The nation’s economy, no doubt, has become a classical case of abused entity, literally going through the pains of maladministration, mismanagement of its resources, secret and underhand dealings....

The Nigerian National Petroleum Corporation (NNPC) has said that Nigeria’s effort to reduce debt owed to its foreign oil partners is progressing well and helping the country to bolster exploration and production. NNPC’s Group Managing Director, Maikanti Baru, in a statement, said: “So far, we have repaid over $1.5 billion out of the $5.1 billion…

Former Military Head of State, General Yakubu Gowon, yesterday said his administration had planned to build five export-oriented refineries to prevent dependence on other countries for refined products.

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu has urged ExxonMobil and other International Oil Companies operating in Nigeria, to key into the gas commercialization policy of government for gas development in the country.

To bridge the gap in quality of workforce in the oil and gas sector and economic growth, the Oil and Gas Trainers Association of Nigeria, in collaboration with Nigerian Content Development and Monitoring Board has concluded arrangements ....

The presidential directive to the Nigerian Petroleum Development Company Limited (NPDC) to takeover operation of the entire Oil Mining Lease (OML) 11 from Petroleum Development Company (SPDC) has been denounced by the Ogoni people.

Increased production by Nigeria and Iraq above the agreed quota by members of the Organisation of the Petroleum Exporting Countries (OPEC), in February, saw compliance level hitting 79 per cent last month, three per cent above January’s 76 per cent.

The Delta State Chapter of the All Progressives Congress (APC) has maintained that Minister of State for Petroleum, Ibe Kachikwu, was not involved in anti-party activities as speculated in some quarters.

Petroleum products imports into Nigeria, slumped as just one of the 26 vessels expected into the Lagos ports between now and March 11, is conveying premium motor spirit (PMS).

Nigeria’s Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, who doubles as the President of APPO recently said the organisation would mobilise $2 billion fund to aid continental synergy that would ensue sustainable development of hydrocarbon in Africa.