FG reiterates plans to reduce stake in oil JVs to spur growth
Minister of State for Petroleum Timipre Sylva has reiterated the Federal Government’s resolve to reduce its stake in the joint venture oil business with foreign companies in a bid to spur more foreign investment...
PDP youth network denies meeting Dickson, Sylva
The Peoples Democratic Party (PDP) Youth Network has called on Bayelsa residents to ignore rumour being peddled by unscrupulous characters about a purported meeting between Governor Seriake Dickson..
NNPC, JV partners resolve dispute, resume operations in OML 25
THE Nigerian National Petroleum Corporation (NNPC) and its joint venture partners, Shell Production Development Company (SPDC) and Belema Oil, have resolved their dispute over the operations of Oil Mining Lease (OML) 25.
Buhari, Sylva and the petroleum ministry
In the construction of any business strategy, Kenichi Ohmae, a world-acclaimed management consultant and author of; The Mind of a strategist, among other things, noted that three main players must be taken into account
Oil theft, economic sabotage ending soon, Sylva promises
New Minister of State for Petroleum Resources, Timipre Sylva, has hinted of a new policy to contain oil theft and ensure transparent administration in the sector with a view to righting the nation’s dwindling crude output.
OPEC congratulates Sylva, Minister of State Petroleum
The Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Mr Mohammad Barkindo, has congratulated Mr Timipre Sylva on his appointment as Nigeria’s Minister of State for Petroleum Resources.
Sylva pledges to reposition petroleum sector, requests briefing from agencies
The newly-appointed, Minister of State for Petroleum Resources, Timipre Sylva, yesterday, pledged to reposition Nigeria’s oil and gas sector.
Bayelsa spend N6bn annually on political appointees – Gov. Dickson
Gov. Seriake Dickson of Bayelsa has said that his administration spends N500 million monthly to service political office holders numbering 1,500.