The Nigerian National Petroleum Corporation (NNPC) recently pulled back from the brink of serial deficit turnover that has lasted four decades.
The Nigerian National Petroleum Corporation (NNPC) started its week with renewed synergy with the Department of Petroleum Resources....
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.
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).
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.
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).
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.
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.
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).
The Federal Government says investors must meet seven criteria to access the N250 billion intervention fund for gas value chain businesses.
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).
The Federal Executive Council (FEC), yesterday approved $15.44 billion for contracts in the Transportation and Petroleum Resources Ministries.