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Petrobarometer
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Kessington Obahiagbon, professor of chemical engineering at the University of Benin, says his new research has shown that biodiesel can solve Nigeria’s energy problem. [...]
Timipre Sylva, minister of state for petroleum resources, says Nigeria is currently a laughing stock in the way it operates business in the oil and gas sector. Sylva said this in Abuja when he hosted delegates from Total Exploration and Production, Nigeria, led by Mike Sangster, its managing director. The minister said the country must bring down the cost of production of [...]
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A federal high court in Abuja has ordered the federal government to renew the operating licence of the Shell Petroleum Development Company (SPDC). [...]
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The Nigerian government has been subsidising the price of petrol since as far back as 2006. This has ensured that petrol has remained cheap and affordable for citizens of Africa's most populous nation; so cheap that it is the cheapest in West Africa. An analysis by SBMorgen showed that Nigeria's petrol price converted to dollars is 40 cents while those of neighbouring [...]
The Nigerian National Petroleum Corporation (NNPC) has attributed the increase in the price of household kerosene in the country to the pressure of demand and supply. [...]
Mohammed Barkindo, secretary-general of the Organisation of Petroleum Exporting Countries (OPEC), says WhatsApp is the most used mobile application on his phone. In an interview with Bloomberg's Francine Lacqua, Barkindo also said he is an evening person. Here's how OPEC's secretary-general who recently began his second term in office spends time away from the work. How many hours of sleep do you get [...]
Aliko Dangote, president of Dangote Group, says his refinery will not be competing with the Nigerian National Petroleum Corporation (NNPC). Dangote, who visited Mele Kyari, the new NNPC group managing director (GMD), said his team will rather partner with the state-run oil company to achieve a win-win situation. “The most important thing for us is to see how we can partner with [...]
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