By Emmanuella Anokam The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has called for the creation of a regional oil pricing benchmark for West Africa. The aim is to reflect the region’s unique market dynamics and reduce dependence on foreign pricing templates. Mr Farouk Ahmed, the Authority Chief Executive,Continue Reading
By Kingsley Okoye The Senate on Tuesday passed a bill to establish the Federal Oil and Gas Hospital in Benikrukru, Delta. This followed the presentation of the report by the Senate Committee on Health, chaired by Sen. Banigo Ipalibo Harry (PDP-Rivers). Harry noted that the bill was sponsored by Sen.Continue Reading
By Sandra Umeh/Adepote Arowojobe A former Deputy Editor-in-Chief of the News Agency of Nigeria (NAN), Mr Goddy Ikeh, on Monday, underscored the need for the media to join in shaping the nation’s economic growth for a greater Nigeria. Ikeh made this known at a one-day training for journalists held atContinue Reading
By Vivian Emoni The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has mandated Sterling Oil Exploration and Energy Production Company (SEEPCO), to ensure it abides by the agreement regarding community compensation. Mr Ekene Enefe, Chairman, Investment Monitoring Committee, gave the directive on Thursday in Abuja, during a meeting with aContinue Reading
By Ahmed Kaigama Mr Ahmed Galadima, the Executive Secretary, Petroleum Technology Development Fund (PTDF), says the fund has initiated scholarships programmes to improve capacity in the Nigerian oil and gas sector. He said this in Bauchi while supervising the screening/selection exercise of 400 candidates in the North-East zone for theContinue Reading
By Emmanuella Anokam The Petroleum Technology Development Fund (PTDF) has begun screening of 5,723 shortlisted candidates nationwide for its 2025/2026 Overseas Scholarship Scheme (OSS) for MSc and Ph.D award. At the selection interview for the shortlisted candidates on Monday in Abuja, Mr Ahmed Aminu, Executive Secretary, PTDF, said 29,633 applicationsContinue Reading
By Yunus Yusuf The Federal Government says it plans to settle all outstanding debts owed to gas producers, including long-standing legacy debts. Mr Abel Nse, Senior Technical Adviser to the Minister of Petroleum Resources (Gas), disclosed this during a panel session organised by Sahara Group on Friday in Lagos.Continue Reading
By Collins Yakubu-Hammer/Rita Shekwolo Iliya The Federal Government says the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline, a major strategic infrastructure project to boost industrialisation, is progressing steadily. The Minister of Information and National Orientation, Alhaji Mohammed Idris, disclosed this in Minna, Niger State. Idris was speaking at the quarterly meeting of theContinue Reading
By Salisu Sani-Idris Vice-President Kashim Shettima, on Thursday in Abuja, urged former and serving public officials to summon the courage to document their life and stewardship in service. Shettima made the call at the public presentation of a book titled, “OPL 245: The Inside Story of the $1.3 Billion OilContinue Reading
By Kingsley Okoye The Senate on Thursday clarified that the alleged N210 trillion financial infraction raised against Nigerian National Petroleum Company Limited (NNPCL) in the 2017-2023 audit report had yet to be accounted for by the company. Chairman, Senate Committee on Public Accounts, Sen. Aliyu Wadada, made the clarification atContinue Reading
