The crisis surrounding the acquisition of Oando’s OVH and the retail arms of the Nigerian National Petroleum Company Limited (NNPC Retail) took a new turn on Thursday as the state oil company denied having any political interests. NNPCL had previously Read More
Probe fuel subsidy scam, dirty oil importation, CNPP urges FG
Irked by the problems in the oil sector, the Conference of Nigeria Political Parties (CNPP) has urged the Federal Government to immediately initiate an investigation into the activities of the Nigerian National Petroleum Company Limited (NNPCL). The CNPP said that Read More
How Nigeria can ramp up crude production, by industry experts
Nigeria’s dwindling oil production, which stood at 1.2 million barrels per day last month, may remain difficult to ramp up unless the federal government prioritises collaboration, significant investment and infrastructure development. The post How Nigeria can ramp up crude production, by industry experts appeared Read More
Nigeria defies global stand on gas utilisation
Despite the push by climate activists and developed countries to displace fossil fuel, including natural gas for renewable energies, Nigeria will continue to explore the resource to meet its energy security. The post Nigeria defies global stand on gas utilisation Read More
Eyes on new administration as energy crisis persists
Nigeria will again continue trial and error in the energy sector, as President Muhammadu Buhari rated his performance high in the last eight years. The post Eyes on new administration as energy crisis persists appeared first on The Guardian Nigeria Read More
Nigeria fostering corruption through petrol subsidy, says Policy Alert
A civic society organisation, Policy Alert, has condemned continuous payment of subsidy on premium motor spirit (PMS), insisting that the country is fostering corruption through the scheme. The post Nigeria fostering corruption through petrol subsidy, says Policy Alert appeared first Read More
Stakeholders to discuss Nigeria’s upstream, gas market
The Organisation of Petroleum Exporting Countries (OPEC), Ministry of Petroleum Resources, Nigerian National Petroleum Company (NNPC) Limited and other stakeholders are set to canvass The post Stakeholders to discuss Nigeria’s upstream, gas market appeared first on The Guardian Nigeria News Read More
Opportunities in IOCs’ divestiture for local capacity development
Almost 66 years after commercial oil discovery in Oloibiri Oilfield, the current wave of divestment hitting the nation’s oil and gas industry has been deemed necessary to allow smaller entities contribute to economic activities… The post Opportunities in IOCs’ divestiture Read More
Nigeria’s slow, steady walk towards profitable oil business
The Nigerian National Petroleum Corporation (NNPC) recently pulled back from the brink of serial deficit turnover that has lasted four decades. The post Nigeria’s slow, steady walk towards profitable oil business appeared first on The Guardian Nigeria News – Nigeria Read More