‘Why Deepwater Fields Produce 41% of Nigeria’s Total Oil Output’ Oil production from deep-water acreages, carried out through the production sharing contract (PSC), accounts for 41...
Nigeria Okays $6.7b Plan for Northeast Reconstruction The Federal Government says it has developed a N6.7 billion plan for the reconstruction, rehabilitation and resettlement of northeast...
Experts Lament Huge Amount Spent on Fuel, Generators Participants at a workshop on energy have said that Nigerians were spending about N1tn annually to provide electricity...
PIB Faces Uncertain Future as Elections Draw Near Against the backdrop of the refusal of President Muhammadu Buhari to assent to the Petroleum Industry Governance Bill...
Buhari Gets China’s Support for 3,050MW Mambila Hydropower Project President Muhammadu Buhari on Wednesday secured the support of the Chinese President, Xi Jinping, for the building...
FG Seeks One-year Extension of World Bank’s $160m Job Creation Fund Following its inability to disburse $160m job creation funding provided by the World Bank, the...
ExxonMobil: Blockade Threatens Nigeria’s Oil Production Oil giant ExxonMobil has decried the blockade mounted by its former employees around its facilities in Nigeria. The oil firm...
NNPC, Chinese Consortia Sign Pacts on Biofuel Production The Nigerian National Petroleum Corporation says it has signed a Memorandum of Understanding with Nigerian-Chinese consortia towards developing...
Nigeria Has Gained Over $5bn Projects from China – Buhari President Muhammadu Buhari said on Tuesday that Nigeria had gained from China the execution of infrastructure...
Nigeria Air’s December Take-off Date Still Feasible — NCAA The Director General, Nigerian Civil Aviation Authority, Capt. Muhtar Usman, has said the proposed national carrier, Nigeria...
