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    Austrian Firm Plans Pipeline Production Factory In Nigeria
    BizWatchNigeria.Ng

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      • 3 Essential Elements of a Protein-Centred National Nutrition Policy

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    OIL & GAS

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    Austrian Firm Plans Pipeline Production Factory In Nigeria
    January 18, 2021072

    Austrian Firm Plans Pipeline Production Factory In Nigeria

    An Austrian Firm, Scantech Isoplus, has expressed its readiness to build a factory that will support local production of intrusion detection pipelines

    Read More
    ‘We faced enormous obstacles for eight years’ … Elumelu Speaks On Acquisition Of 45% Of OML 17 From Shell, Total, ENI
    January 18, 202101528

    ‘We Faced Enormous Obstacles For Eight Years’ …Elumelu Speaks On Acquisition Of 45% OML 17 From Shell, Total, ENI

    The Chairman of Heirs Holdings, United Bank for Africa and Transnational Corporation of Nigeria Plc, Tony Elumelu, said the group encountered enormous

    Read More
    Senate Rejects Petroleum Resources Ministry's ₦98.4m Expenditure On Flyers
    January 18, 20210136

    Senate Rejects Petroleum Resources Ministry’s ₦98.4m Expenditure On Flyers

    The Senate Public Account Committee has kicked against the payment of ₦98.4 million for the printing of leaflets by the Petroleum Resources Ministry.

    Read More
    Osinbajo, Investors In Talks To Boost Oil Production
    January 18, 20210237

    Cooking Gas, Diesel Prices Rose In December – NBS

    The prices of cooking gas and diesel surged in many parts of the country last month, the National Bureau of Statistics said in its new reports on the

    Read More
    Osinbajo, Investors In Talks To Boost Oil Production
    January 18, 20210303

    Nigeria Earned $120.49m From Crude Oil, Gas Export In September- NNPC

    Nigeria recorded a combined earnings of $120.49 million from export of crude oil and gas in September 2020, a latest report by the Nige

    Read More
    Shell sells OML 17 stakes to TNOG for $533m
    January 15, 202101081

    Breaking: Shell Sells OML 17 Stakes To Elumelu For $533m

    The Shell Petroleum Development Company of Nigeria Limited (SPDC) on Friday announced the completion of the sale of its shares in Oil Mining Lease (OM

    Read More
    Osinbajo, Investors In Talks To Boost Oil Production
    January 15, 20210292

    Oil Price Falls To $55 As Nigeria’s Output Shrinks

    The international oil benchmark, Brent crude, fell to $55 per barrel on Friday from peak of $56 per barrel it sustained in the past two days amid decl

    Read More
    Osinbajo, Investors In Talks To Boost Oil Production
    January 14, 20210109

    NNPC Receives Bids From 96 Firms For Downstream Repair Contract

    The Nigerian National Petroleum Corporation, NNPC, has received bids from 96 companies, which have shown interest in the rehabilitation of its downstr

    Read More
    Osinbajo, Investors In Talks To Boost Oil Production
    January 14, 20210280

    Osinbajo, Investors In Talks To Boost Oil Production

    Vice President Yemi Osinbajo met with investors in the oil industry on Tuesday to examine ways to reduce the cost of production of crude oil and make

    Read More
    'PIB Is Like A Demon' - Lawan
    January 13, 2021099

    ‘PIB Is Like A Demon’ – Lawan

    President of the Nigerian Senate Ahmad Lawan has described the Petroleum Industry Bill as a “demon”, stating that there were agents workin

    Read More
    FG Has No Intention Of Subsidizing Petroleum, Electricity - Zainab
    January 13, 20210260

    FG Has No Intention Of Subsidizing Petroleum, Electricity – Zainab

    The Minister of Finance, Budget and National Planning, Zainab Ahmed, on Tuesday, stated that the Federal Government has no intention of subsidizing pe

    Read More
    The sustained rise in global crude oil prices has raised the landing cost of imported petrol closer to the current pump prices of the product in the country and appears to have caused a return to the petrol subsidy era.
    January 11, 20210238

    FG May Reconsider Stance On Fuel Subsidy As Oil Price Approaches $56

    The sustained rise in global crude oil prices has raised the landing cost of imported petrol closer to the current pump prices of the product in the c

    Read More
    Court Orders Emirates Airline To Pay Businessman $1.36m, ₦50m for Missing Luggage
    January 8, 20210269

    Court Orders Sale of Obat Oil Hotel To Pay ₦5 Billion Debt

    A hotel owned by Obat Oil and Petroleum Limited was on Thursday approved for sale by the High Court of the Federal Capital Territory in Jabi, Abuja. T

    Read More
    NNPC Seeks To Raise $1 billion For Refurbishment of Refinery
    January 8, 20210349

    NNPC Seeks To Raise $1 billion For Refurbishment of Refinery

    The Nigerian National Petroleum Corporation (NNPC) has commenced negotiations with trading firms to secure $1 billion for the refurbishment of its Por

    Read More
    Price Of Crude Oil Falls
    January 5, 20210355

    Price Of Crude Oil Falls While OPEC+ Stalls Decision

    The price of Brent crude suffered a decline on Monday, slipping from a record high of $53.30 to $51.24. The market had seen the price of the commodity

    Read More
    Nigerian Firms Taking Centre Stage In Downstream Sector - DPR
    December 27, 20200276

    Nigerian Firms Taking Centre Stage In Downstream Sector – DPR

    The Director, Department of Petroleum Resources (DPR), Sarki Auwalu, said that Nigerian indigenous oil companies are now taking the centre stage, in e

    Read More
    Nigeria’s Duty-Free Export To US Drops To $351.73 million
    December 27, 20200310

    Nigeria’s Duty-Free Export To US Drops To $351.73 million

    Nigeria’s export to the United States, under a duty-free policy, dropped in the first nine months of 2020, recording $351.73 million from January to S

    Read More
    Buhari Okays Posting Of 95 Ambassadors-Designate
    December 23, 20200284

    Nigeria Close To Self-sufficiency in LPG Production – Buhari

    Nigeria’s President, Muhammadu Buhari has stated that Nigeria is close to being self-sufficient in liquefied petroleum gas (LPG) production. The

    Read More
    Price of Cooking Gas Rises By 20 percent
    December 23, 20200252

    Price of Cooking Gas Rises By 20 percent

    The price at which Liquefied Petroleum Gas is sold to marketers in the country has increased by over 20 percent in the past one month. The local curre

    Read More
    NPDC Begins Gas Production, Reduces Flaring
    December 22, 20200230

    NPDC Begins Gas Production, Reduces Flaring

    The Nigerian Petroleum Development Company has disclosed that it has begun operations at its integrated gas handling facility. It also stated that the

    Read More

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    NPDC Begins Gas Production, Reduces Flaring
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