Saturday, 16th October 2021
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Timipre Sylva

11 Oct
There are indications that the price of Premium Motor Spirit (PMS) may hit N320 per litre later this month as the Federal Government has concluded plans to remove subsidy on the product as part of the ongoing implementation...
5 Oct
Oil prices crossed the $80 mark following the decision by the Organization of the Petroleum Exporting Countries (OPEC) yesterday, confirming it would increase monthly overall production of oil by 400,000 barrels per day (bpd) for the month of November.
27 Sep
Despite ongoing amnesty and other measures to address crude theft in the Niger-Delta region and over N32 billion paid between January and July on pipeline security and maintenance cost, Nigeria’s production challenges appear unabated...
15 Sep
The Nigerian National Petroleum Corporation (NNPC) recently pulled back from the brink of serial deficit turnover that has lasted four decades.
12 Sep
The Nigerian National Petroleum Corporation (NNPC) started its week with renewed synergy with the Department of Petroleum Resources....
10 Sep
Minister of State for Petroleum Resources, Timipre Sylva, yesterday, announced the creation of the Nigerian Content Research and Development Fund with an initial seed capital of $50 million.
24 Aug
Senate President Ahmad Lawan has debunked reports that he and his counterpart, Speaker of the House of Representatives Femi Gbajabiamila, collected $10 million as bribe to facilitate passage of the new Petroleum Industry Act (PIA).
20 Aug
Gendwe gap and federal character loopholes may bog down implementation of the Petroleum Industry Act (PIA) as the Federal Government yesterday inaugurated the implementation steering committee to oversee roll out of the new law.
20 Aug
The Nigerian Guild of Editors (NGE) has congratulated its former president, Garba Mohammed, on his appointment as the Group General Manager (Public Affairs) of the Nigerian National Petroleum Corporation (NNPC).
18 Aug
The Minister of State for Petroleum Resources, Chief Timipre Sylva, says COVID-19 had helped to reduce the cost of crude oil production in the country.
9 Aug
The Minister of State for Petroleum Resources, Chief Timipre Sylva, says promoting digital transformation in the nation’s oil and gas industry will boost profitability and efficiency.
9 Aug
Minister of Petroleum Resources, Chief Timipre Sylva, says the oil and gas sector accounts for about 10 per cent of Nigeria’s Gross Domestic Product (GDP).

Latest

1 hour ago
Former Senate President, Bukola Saraki, on Saturday in Ilorin charged the new executive committee members of the Peoples Democratic Party in Kwara to work assiduously toward retaking power.
2 hours ago
Reigning champions Inter Milan suffered their first Serie A defeat of the season and caused a long delay after being angered by a Felipe Anderson goal as they lost 3-1 to Lazio on Saturday.
3 hours ago
Real estate guru and founder of Ubahec Enterprises, Ubani Henry Chinonso, has opened up on what triggered him to float his thriving Nigerian-based real estate firm. The business entrepreneur has also described social media as the new money businesspersons need to leverage on to make the most of their businesses. The property magnate, who doubles…
3 hours ago
Ben Chilwell sent Chelsea back to the top of the Premier League as his blistering strike and a superb display from Edouard Mendy sealed a hard-fought 1-0 win at Brentford on Saturday.
5 hours ago
Leicester piled pressure on Ole Gunnar Solskjaer with a late goal spree in their thrilling 4-2 victory against troubled Manchester United on Saturday.