The Federal Government, Monday, disclosed concessioning of bitumen blocks to prospective local and international companies in order to reduce importation of the commodity. This was made known by the ...

Abuja — Sixteen investors from Nigeria, China, United States, Canada and South Africa, yesterday put in Expressions of Interest for the existing bitumen blocks in the country. Minister of Mines and ...

Abuja — The Bitumen Project Implementation Committee (BPIC) yesterday in Abuja opened the bids document process with several bidders complaining of inadequate and uniform information. The bidders ...

The Minister of Mines and Steel Development, Olamilekan Adegbite, has said that the cost of road construction in the country would ultimately go down with the local production of bitumen. The minister ...

The Minister of Mines and Steel Development, Arc. Mohammed Musa Sada, has told the Bureau for Public Entreprises, BPE, to stay away from the sale of bitumen blocks, pointing out that it was the ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Cierra Murry is an expert in banking, credit cards, investing, loans, mortgages, and real estate. She is a ...

The Nigerian government says it will issue a Request for Qualifications in June for bidders interested in receiving concessions to begin the production of bitumen in the country. Nigeria holds about ...

Nigerian Government on Tuesday announced the award of an oil block license to Ondo State Government for bitumen exploration. Minister of Mines and Steels Development, Dr. Kayode Fayemi who made this ...

The Minister of Solid Minerals Development, Dr. Dele Alake, has charged the 18 winners of the first round of the Bitumen blocks bidding process to work hard to develop Nigeria’s Bitumen deposits. This ...

The Federal Government has beckoned on national and international investors interested in the development of the nation’s 42 billion barrels of bitumen reserves. Speaking at a virtual event organised ...

Uttar Pradesh is preparing to test a new road-building method that aims to free commuters from recurring pothole troubles, with officials exploring the use of concrete blocks in place of the ...

The Nigerian Government on Tuesday announced the award of an oil block license to Ondo State Government for bitumen exploration. The Minister of Mines and Steels Development, Dr. Kayode Fayemi who ...