Gets further commitments from Sinopec, CNOOC to close $20bn upstream deals in months The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has signed Memorandums of Understanding (MoUs) with several Chinese firms for over $80 billion new investments, spanning five years, in...

The Federal Government has commenced the release of Premium Motor Spirit (PMS) known as petrol to Independent Petroleum Marketers Association of Nigeria (IPMAN). The development is contained in a statement issued by Mr Lawson Ngoa, the Secretary, IPMAN Reconciliation Committee, and made available to newsmen...