Nigeria pumps more Oil, joins the Oil market battle.
Nigeria has thrown itself into the battle for market share that was started by Saudi Arabia, offering its export crudes ...
Tag: Timipre Sylva
FG considers fuel price reduction
FG has begun consultations with relevant stakeholders on the possible reduction in the pump price of Premium Motor Spirit (PMS).
OPEC, non-OPEC countries may meet over Saudi, Russia price war- Minister
Minister of State for Petroleum, Timipre Sylva said the Organization of OPEC and non-OPEC countries would meet over production cut.
FG discovers crude oil in north, says there’s more
About one billion barrels of crude oil have been discovered in the North-Eastern part of Nigeria, Timipre Sylva disclosed.
Minister highlights why Petroleum Industry Bill needs to be passed by mid-2020
Timipre Sylva has disclosed that a new Petroleum Industry Bill (PIB) would be sent to the National Assembly next week.
FG discloses plan to sell fuel at N97 per litre with new initiative
The Federal Government (FG) has disclosed plans to sell fuel at a reduced price of N97 per litre.
Buhari votes for African energy corp’s $1 billion recapitalisation
The Council of Ministers of APPO has been urged by President Muhammadu Buhari to support the $1 billion recapitalisation of ...
Further oil production cut required to keep oil price above $40 in 2020
New oil production cuts must be announced by the Organisation of OPEC+ to keep oil price above $40 per barrel.
FG to cut huge energy cost through gas commercialisation initiative
The realization of the Nigerian Gas Flare Commercialisation Programme (NGFCP) will be very advantageous to the country.
Rehabilitation of Warri, Kaduna refineries scheduled for next year – Minister
Timipre Sylva has announced that repair works would commence on Warri and Kaduna refineries in the first half of next ...
