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Timipre Sylva

8 Aug
The Federal Government says investors must meet seven criteria to access the N250 billion intervention fund for gas value chain businesses.
7 Aug
The Federal Government would engage with oil-producing communities in the Niger Delta over the three per cent equity allocated to them in the recently passed Petroleum Industry Bill (PIB).
5 Aug
The Federal Executive Council (FEC), yesterday approved $15.44 billion for contracts in the Transportation and Petroleum Resources Ministries.
4 Aug
The Federal Executive Council (FEC) has approved the acquisition of 20 per cent minority stakes by the Nigerian National Petroleum Corporation(NNPC) in the Dangote Petroleum and Petro-Chemical Refinery.
3 Aug
The Federal Government said it would optimise the country’s abundant gas resource to achieve the transition to low carbon energy sources.
3 Aug
Minister of State for Petroleum Resources, Timipre Sylva, yesterday in Abuja, insisted that the continent must not continue to wait for Europe, U.S., and other developed countries
2 Aug
With N438.37 billion recorded as subsidy payments for the first six months of 2021, Nigeria’s revenue problems appear not to abate anytime soon as it continues to take a toll on contributions of the Nigerian National Petroleum Corporation....
30 Jul
The Nigerian Association of Petroleum Explorationists (NAPE) has expressed confidence that the future of oil and gas exploration is bright amid the global energy transition.
30 Jul
The Federal Government has announced immediate reduction in domestic base price of natural gas to power plant producers from $2.50 cent to $2.18 cent per standard cubic feet (scuf).
28 Jul
Plans by the Federal Government to end gas flaring through a commercialisation arrangement has remained in limbo as the global price of natural gas witnessed over 60 per cent increase.
21 Jul
The Minister of State Petroleum Resources, Chief Timipre Sylva has stated that Nigeria’s membership of the Organisation of Oil Exporting Countries (OPEC) has provided critical benefits, especially in the last 50 years.
28 Jun
With the new gas price regime expected to kick off on July 1, alongside challenges of currency devaluation and access to foreign exchange for raw materials, local manufacturers have told The Guardian they are contemplating moving...

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The pan-Yoruba socio-political organisation, Afenifere, yesterday, said comparing President Muhammadu Buhari with the late Chief Obafemi Awolowo and the late Dr. Nnamidi Azikiwe was mischievous...
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During the long weeks of the Trophy Extra Special Band competition, many Nigerians witnessed the sonic mastery that the eclectic boy band dubbed, The BandHitz, dished out...