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Senate set to forward Petroleum Industry Governance Bill for Mr. President approval
The Senate Joint Committee on Petroleum (Upstream, Downstream and Gas) is expected on April 25, 2017 to lay before the…
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FG to kick off marginal oil field bidding in U.S by May
The Federal Government has announced its intention to commence the road show for the marginal field bid rounds at the…
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Seven Energy appoints new CEO
Seven Energy witnessed a change of baton in the leadership of the Company as Mr. Manish Maheshwari was recently appointed…
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Nigeria achieves self-sufficiency in cement production
The Federal Government (FG) recently declared and confirmed that not only has Nigeria attained self-sufficiency in cement production, Nigeria can…
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NNPC to invest US$15bn into 4000MW gas power plants
The Nigerian National Petroleum Corporation (NNPC) announced on Monday, 20thMarch, 2017 its intention to invest approximately US$15bn in the development…
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FG grants leave to amend Statement of Claim in its $406.8 millionagainst Shell
Further to an application by the Federal Government (FG) to amend its Statement of Claim in thepending suit instituted against…
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Shell, Eni reclaim ownership of OPL 245 as Nigerian Court discharges Exparte order for its forfeiture
Further to the respective motions filed by Shell and Eni for the discharge of the exparte order made by a…
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Indigenous Oil & Gas Companies ready to Bid for National marginal oil blocks
Further to the Federal Governments (FG) move to sell some of its assets to potential buyers this year, over twenty…
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FG to make coal site available for power generation companies
In light of power generation challenges in Nigeria as well as the numerous requests for coal sites by many business…
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Gloomy forecast as FG set to sell off its stake in joint-venture oil projects
As part of its effort towards reviving and stabilizing the economy, the Federal Government (FG) has proposed selling some of…
