[Daily Trust] The current administration of Bola Ahmed Tinubu, has made promises to bring more foreign investments into Nigeria. The president has been travelling the world to attract foreign direct investment and to inject much-needed forex into the country's struggling economy. In addition to this, the government has designed significant reforms to put the country on a path to economic recovery, to attract foreign investors. These include removing state control of the naira to harmonise the exchange rates between the
[Daily News] TANZANIA: VICE-PRESIDENT Dr Philip Mpango has stated that Tanzania and Saudi Arabia can collaborate in the oil and gas sector, drawing from the experience of the Asian country in that field. Dr Mpango made the remarks during a meeting with Saudi Arabia's Ambassador to Tanzania, Mr Yahya Ahmed Okeish, on Tuesday.
[ANGOP] Soyo -- The installation of satellite positioning systems (GPS) in tanker trucks carrying fuel to inner zones of the country was suggested on Wednesday in Soyo, Zaire province, as a mechanism to strengthen the fight against the smuggling of petroleum products.
[Premium Times] P&ID had little or nothing to show as track record of work executed in the gas sector to merit a project of that scale.
[Leadership] 14 Host communities to the Nigeria Exploration Petroleum Limited, (NEPL) and NECONDE Energy Limited in Delta state, have called on the federal government to revoke the licences of the two companies operating the OML 42, over perceived refusal to implement the Petroleum Industry Act, (PIA) and other issues as it relates to the local content law.
[DW] The African oil producer refused to accept the production cuts imposed by OPEC, saying its membership in the oil cartel was no longer benefiting the country.
[VOA] Angola's minister of oil resources announced Thursday the west African nation has decided to leave the Organization of Petroleum Exporting Countries, OPEC.
[Leadership] In a stunning development, Angola has announced its decision to leave the Organization of the Petroleum Exporting Countries (OPEC), effective immediately.
[Premium Times] Nigeria owns four refineries with two located in Port Harcourt and one each in Warri and Kaduna. But for many years, the refineries have been moribund despite Turn-Around-Maintenance (TAM) efforts.
[Premium Times] Mr Kyari said gas would be used to bring revolution in Nigeria in the next two to three years, assuring that progress was already being made on the initiatives to bring gas to the domestic market.
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