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Timipre Sylva

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Nigeria begins construction of first FLNG facility

The construction for Nigeria’s first Floating Liquefied Natural Gas (FLNG) facility with engineering firms KBR, JGC Corporation and Technip Energies is underway. Confiance...

BusinessNews

Nigeria loses 400,000 barrels of crude daily to oil theft

Africa’s leading oil producer, Nigeria, loses 400,000 barrels of crude daily to theft. Minister of State for Petroleum Resources, Dr Timipre Sylva said...

BusinessNews

Seplat, Orjiakor bag global awards for sterling indigenous performance

By Chioma Obinagwam Seplat Energy Plc and its Board Chairman, Dr. ABC Orjiako have emerged winners at the Energy & Corporate Africa Leadership...

BusinessNews

Lekoil sacks CEO over alleged breach of corporate governance

Lekoil Limited, an oil and gas exploration and production company with a focus on Nigeria and West Africa, has announced the termination of...

NewsOpinion

Fuel Price Hike: The fact of the matter

By Izielen Agbon “Of all our studies, history is best qualified to reward our research. And when you see that you’ve got problems,...

BusinessNews

NUPENG threatens strike action over alleged sack of 175 Chevron workers

By Chioma Obinagwam The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has threatened industrial action over alleged sack of 175 contract...

BusinessNews

Nigeria’s government increases petrol pump price to N143.8 per litre

The Petroleum Product Pricing Regulatory Agency (PPPRA) has announced an upward review of the retail pump price of petrol from the previous N121.50...

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