Oil/Gas Reports

Mr. Osinbajo reiterates the determination to create enabling environment for investors.

The report observes ‘mild changes’ particularly in the passage of the PIG Bill.

”Nigeria must aim to be the refining corridor for Africa. That is becoming very critical.”

The governor tells President Buhari to give more blocks to the region.

The committee has four weeks to submit its report

The minister says Nigeria will focus on projects that have huge net value to the Federation Account

A High Court had found Walter Wagbatsoma, Adaoha Ugo-Nnadi, and Ontario Oil and Gas guilty on eight counts.

The suspect had fainted before another judge.

The group says the move will help diversify the nation’s economy..

The refinery will be located at a border town between the two countries.

The official says past NEITI reports contain detailed information and data.

Budget 2018 provisions was predicated on $45 per barrel

Governors meet with the president on the matter.

Oil prices rallied to three-year high, boosted by a record 10th straight weekly decline in U.S. crude inventories.

LASEMA officials,  together with other emergency agencies were on ground to curtail the inferno, he said. 

Spot Brent crude oil futures were at 70 dollars a barrel at 0102 GMT, up 4 cents from their last close.

The two chambers of the National Assembly have now passed the PIGB.

The governor says the exploration will be beneficial to Nigeria.

Oil markets had been well supported by OPEC-led production cuts.

Agency says it intends to start paying its staff salaries, overheads.

In 2017, 224 firms participated in a similar process.

Brent sweet crude futures were at 67.95 dollars a barrel