The partners in Nigeria LNG (NLNG)—Nigeria National Petroleum Corporation (NNPC) (49%), Shell (25.6%), Total (15%) and Eni (10.4%)— have taken the final investment decision (FID) for the expansion project of Continue Reading
Nigeria’s planned Train-7 project, part of its expansion at the Bonny LNG plant, has received a full investment decision, operator Nigeria LNG said Friday. The project, expected to start up Continue Reading
The anti-graft agency, EFCC, says it now has a former justice minister, Mohammed Adoke, in its custody. Mr Adoke returned to Nigeria on Thursday from Dubai, where he was arrested, Continue Reading
Nigerian Environment Minister Mohammad Mahmood Abubakar poses for a picture in front of his country’s office at the U.N. climate conference in Madrid, December 11, 2019. Madrid — “If the Continue Reading
Senior Nigerian employees of US oil major Chevron have started strike action this week to protest against job cuts and non-payment of allowances, with the potential to disrupt the company’s Continue Reading
The Federal Government has spent N462.10 billion on under-recovery, also known as a subsidy, on Premium Motor Spirit, PMS, in nine months, from January to September 2019, according to data Continue Reading
The Dangote Refinery would save the country of $10 billion spent on crude importation when it comes on stream, the Minister of Finance, Budget and National Planning, Zainab Ahmed, said Continue Reading
Chineme Okafor writes that recent developments in the 650,000 barrels a day (bd) refinery project of Dangote Group suggest the project could define how best to build largescale refineries in Continue Reading
In the continuing efforts to revive the nation’s four refineries in Port Harcourt, Warri and Kaduna, the Federal government signed Memoranda of Understanding [MoUs] with China, India, Saudi Arabia and Continue Reading
A gang of pirates have kidnapped 19 sailors after waylaying then boarding a supertanker loaded with oil, according to various media reports . Hong Kong-flagged crude supertanker the Nave Constellation, Continue Reading
