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OIL AND GAS

Crude Oil Pipeline: Uganda to Raise Shs300b

Crude Oil Pipeline: Uganda to Raise Shs300b 0

🕔16:51, 13.Dec 2017

“Market sounds to gauge financing appetite” is said to be carried out for the proposed East African Crude Oil Pipeline (EACOP) by Japan’s Sumitomo Mitsui Banking Corporation Europe Ltd (SMBCE), Standard (Stanbic) Bank, and Industrial and Commercial  Bank of China

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Promotion of Nigerian content: PETAN honours Shell

Promotion of Nigerian content: PETAN honours Shell 0

🕔15:55, 11.Dec 2017

Shell companies in Nigeria have been honoured by the Petroleum Technologies Association of Nigeria (PETAN) with the Aret Adams Award for Excellence in recognition of its “outstanding contributions to the growth of local content in the Nigerian oil and gas

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Djibouti opens new port

Djibouti opens new port 0

🕔05:00, 1.Dec 2017

Djibouti has today opened the country’s latest mega project -the Doraleh Multipurpose Port (DMP). The official opening ceremony was held under the auspices of Djibouti’s President His Excellency Ismail Omar Guelleh, together with His Excellency Hailemariam Desalegn, Prime Minister of

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PIB to get final push by PDP administration

PIB to get final push by PDP administration 0

🕔00:38, 21.Apr 2015

The Peoples Democratic Party (PDP)-led National Assembly is allegedly in talks with the leadership of the Assembly to ensure that the Petroleum Industry Bill (PIB) is passed before June 4, 2015 when a new legislative body will be inaugurated. According

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Chad Basin exploration suffers setback

Chad Basin exploration suffers setback 0

🕔00:33, 21.Apr 2015

Four months after the Federal Government said it was going to intensify the search for oil in the Chad Basin in 2015, nothing has yet to happen in this regard, according to a report by The Punch. In the face

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Experts expect redrafting of PIB with new administration

Experts expect redrafting of PIB with new administration 0

🕔00:31, 21.Apr 2015

International oil experts expect to see a redrafting of the Petroleum Industry Bill (PIB) by the new government of Muhammadu Buhari because the current bill is heavily skewed against the Northern part of the country, Daily Trust reports. Oil analysts

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FG states conditions for sale of shares in Transcorp, DISCOs, GENCOs to public

FG states conditions for sale of shares in Transcorp, DISCOs, GENCOs to public 0

🕔00:28, 21.Apr 2015

The Director General of the Bureau for Public Enterprises (BPE) Mr. Benjamin Dikki has said that the divestment of some government interests in businesses to private investors will depend on the profitability of such businesses in the long run, The

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Long term petroleum supply threatened by NNPC debt owed to traders

Long term petroleum supply threatened by NNPC debt owed to traders 0

🕔00:25, 21.Apr 2015

The inability of the Nigerian National Petroleum Corporation (NNPC) to liquidate an over $1.5 billion debt owed local and international oil traders involved in the importation of petroleum products on behalf of the corporation has raised concern over the long-term sustainability

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CBN Governor proposes sale of JVs with IOCs

CBN Governor proposes sale of JVs with IOCs 0

🕔00:22, 21.Apr 2015

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has proposed that the incoming government to be led by Major-General Muhammadu Buhari (rtd) consider selling down its majority stakes in joint ventures with multinational oil companies to

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Buhari’s oil policy likely to focus on structural reforms first, taxes last – APC

Buhari’s oil policy likely to focus on structural reforms first, taxes last – APC 0

🕔00:12, 21.Apr 2015

Nigeria’s president elect Muhammadu Buhari’s priorities for the oil sector may be focused on ending corruption and reforming the opaque national oil company as opposed to fiscal related issues, All Progressives Congress (APC) sources have confirmed to Reuters. Senator Bukola Saraki,

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Fin Autunm 2017

FIN Magazine 2017

Latest Issue 2017

Mining News

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Polls

Which approach to solving the Nigeria's energy problems do you think the Buhari's government should follow right now

  • Produce more oil, gas and coal (0%, 0 Votes)
  • Alternative energy e.g solar (33%, 1 Votes)
  • Equally both (67%, 2 Votes)
  • Unsure (0%, 0 Votes)

Total Voters: 3

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