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Shell’s LiveWIRE ‘Top Ten Innovators’ award: 3 Nigerian businesses shortlisted

Three Nigerian entrepreneurs have been shortlisted for Shell LiveWIRE ‘Top Ten Innovators’, a global competition which highlights and rewards LiveWIRE businesses that demonstrate excellence...

OPEC moves to cap Nigerian oil output, boost compliance

  By Katya Golubkova, Vladimir Soldatkin and Rania El Gamal   ST PETERSBURG, Russia (Reuters) - OPEC moved on Monday to cap Nigerian oil output and called on several members to...

I will head Ministry of Petroleum Resources – Buhari

By Sadiya Hamza New York (NAN) President Muhammadu Buhari says he will head the Ministry of Petroleum Resources in the new cabinet.   Addressing some select reporters...

Buhari names Emmanuel Ibe Kachikwu Group MD, NNPC

"This appointment marks the beginning of the reforms which will establish the NNPC as corporation which fights corruption and drives growth in the Nigerian economy." - NNPC

FG pays oil marketers $800 million to end fuel scarcity

By MICHELLE FAUL LAGOS, Nigeria (AP) — Nigeria's outgoing government has agreed to pay a debt of $800 million to resolve a months-long fuel crisis...

Petroleum Industry Bill to wait till after 2015 elections

LAGOS (Reuters) - Nigeria's long-awaited Petroleum Industry Bill (PIB) is not expected to be voted on by parliament before a planned general election in...

Divestment from Nigeria by foreign oil companies good for local players...

The Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, on Tuesday said that the recent spate of assets divestments by international oil companies (IOCs) operating...

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