Oil marketers seek soft loans to cushion effect of PMS price reduction on their businesses
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) have urged the Federal Government to set up intervention fund to help cushion losses incurred by marketers over reduced pump price…
OPEC, non-OPEC states might need to reconsider production cuts – Minister
Minister of State for Petroleum Timipre Sylva OPEC and non-OPEC states might need to meet again to reconsider production cuts, Nigeria’s oil minister said on Monday, expressing frustration with…
Sylva appeals for calm in Bayelsa, says events of last few days provocative, regrettable
Minister of State for Petroleum Resources, chief Timipre Sylva The Minister of State for Petroleum Resources, chief Timipre Sylva, has urged the people of Bayelsa to Shun all act…
Three more bodies recovered from Kaduna gas explosion – DPRÂ
Minister of State Petroleum Resources, Timipre Sylva The Department of Petroleum Resources (DPR) on Friday said a combined team of DPR, KEPA and other agencies have recovered mutilated bodies…
Petroleum ministry warns public to discountenance fake Sylva’s social media accounts
Minister of State for Petroleum, Timipre Sylva The Ministry of Petroleum Resources has advised the public to discountenance messages from pseudo social media profiles, pages, accounts and groups bearing…
Nigeria commits to OPEC agreements before Vienna meeting
Nigeria is committed to full implementation of agreements among OPEC and non-OPEC members, its minister of state for petroleum said on Sunday, ahead of an OPEC meeting in Vienna. Timipre…
FG to rehabilitate Warri refinery, 2 others for local production of 360,000MT of LPG by 2023
The Federal Government says it will rehabilitate the Warri, Port Harcourt and Kaduna Refineries to achieve local production of 360,000 MTPA of Liquefied Petroleum Gas (LPG) by 2023. The Minister…
FG to support Dangote Refinery with crude oil feedstocks to ensure successful completion
GMD NNPC, Malam Mele Kyari The Federal Government says it will support the 650,000 barrels per day capacity Dangote Refinery and Petrochemicals Plant with crude oil feed stock and…
Major takeaways from President Buhari’s visit to Saudi Arabia
By: Garba Shehu President Muhammadu Buhari’s four-day visit to the Kingdom of Saudi Arabia came to an end on Saturday. The President participated in the Future Investment Initiative, which was…
Saudi energy minister, Timipre Sylva meet, discuss investment opportunities, oil markets, othersÂ
Saudi Energy Minister Prince Abdulaziz bin Salman and U.S. Energy Secretary Rick Perry met in Riyadh on Monday and will work together to ensure the security of global energy supply,…