Settling the backlog of over $6bn Joint Venture (JV) cash call arrears, addressing governance constraints, resolving contractual disputes and ensuring global competitive risk reflective fiscal returns are urgent actions required to address Nigeria’s beleaguered oil sector, experts say.
The Federal Government needs to protect and grow JV production volumes which BusinessDay analysis already shows delivers greater value.
Read more @ BusinessDay
Showing posts with label Businessday. Show all posts
Showing posts with label Businessday. Show all posts
Wednesday, 17 August 2016
Tuesday, 3 May 2016
TOTAL PARTNERS GROUP ON SOLAR LAMPS USAGE AND MARKETING TECHNIQUES IN RURAL AREAS
Total Nigeria is partnering with Murtala Muhammed Foundation (MMF), an indigenous non-profit Organization dedicated to the socio-economic development of Africa to manage the development and technical support of Awango Resellers Club (ARC) in the Northern Region of Nigeria.
Read more @ BusinessDay
Read more @ BusinessDay
Friday, 21 August 2015
AN EXCLUSIVE INTERVIEW WITH ACCUGAS MANAGING DIRECTOR, STEPHEN TIERNEY
- Stephen Tierney
Stephen Tierney is the Managing Director of Accugas,
Seven Energy’s wholly owned midstream business, which focuses on sales and
marketing, processing and distribution of gas to Nigeria domestic market. In an
exclusive interview with Frank Uzuegbunam, Editor, BusinessDay West
Africa Energy, he spoke on his company’s plans to push Compressed Natural Gas
(CNG) to the small and medium-sized enterprises (SMEs), Nigerian gas market
amongst other issues.
Monday, 17 August 2015
STAKEHOLDERS LIST CONDITIONS FOR EFFICIENCY
There are strong indications that at least 700 more staff of the Nigerian National Petroleum Corporation (NNPC) will be relieved of their posts by the Presidency and management, BusinessDay learnt at the weekend.
Sources within the NNPC told BusinessDay that going by the categories of those to be affected, over 700 workers would leave the service of the corporation at the end of the exercise.
Read more @ Businessday Online
Monday, 13 July 2015
NIGERIA REFINERIES BEFORE JULY 2015
The announcement that Nigeria local refineries will commence operation by July 2015 is a welcome development but what the refineries will offer if allowed to work at full capacity should be an issue for consideration.
Several times in the past, the four local refineries have undergone turn around maintenance which has gulped money from the country.
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