Petroleum Resources
A reshuffling has taken place in the ministerial nominees and their various portfolios as President Bola Tinubu has appointed Engr. Abubakar Momoh as the minister for Niger Delta Development. The change of position also came along with the change of name of the Ministry of Niger Delta Development to the Ministry of Niger […]
The Minister of State for Petroleum Resources, Timipre Sylva, has restated Federal Government’s commitment to revive the Old Port Harcourt Refinery in River State by December 2022. Sylva hinted at this at the end of the Federal Executive Council meeting presided over by the President, Major General Muhammadu Buhari (retd.) at the Council […]
….Nigeria faces production temptation as ECA, reserves stagnate ….Relying on rising prices could be costly, says Adigun ….Exploration hopes dampen as oil rigs count drops to six Oil prices soared yesterday, crossing $67.56 for the Brent Crude, following the cartel and its allies’ decision to roll over current production quotas for another month. At […]
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