Browsing Category
Oil and Gas
Why attack on Saudi leaves World without spare oil capacity
The strike on the heartland of Saudi Arabia’s oil industry, including damage to the world’s biggest petroleum-processing facility, has driven oil prices to their highest level in nearly four months.
Here are some facts about…
NNPC Tasks FRSC,Others To Keep Nation’s Roads Safe From Smoky Vehicles
By Grace Tunji, Abuja
The Nigerian National Petroleum Corporation (NNPC) has called on the Federal Road Safety Corps and other relevant agencies to rise up to their mandate of keeping the nation’s roads…
NIGER DELTA : Omo-Agege Cautions Oil Firms Over Moves To Relocate Headquarters
Deputy Senate President, Senator Ovie Omo-Agege, has cautioned moves by multinational oil companies operating in the Niger Delta to relocate their headquarters out of the oil-rich region to have a rethink.
Omo-Agege…
NNPC Has No Secret Account — GMD
The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari says the corporation has no secret accounts that breaches the Treasury Single Account (TSA) .
Kyari disclosed this when…
NNPC Records Trade Surplus Of N6.33B In May
The Nigerian National Petroleum Corporation (NNPC) on Sunday, said it recorded a whooping trade surplus of N6.33 billon for the month of May 2019.
The figure represents 13 per cent higher than the N5.60 billion surplus made in April.
It…
MARGINALISATION: Delta Community Issues Seven- Day Ultimatum To Seplat , Heritage Oil Firms
By Mattex Omonext
Management of Heritage and Seplat Oil firms have been issued a seven day ultimatum to meet with workers demands or consider their "manifolds" shutdown.
This threat was made known by…
BONGA OIL SPILL: NGO Expresses Hope Of Victory Over Suit Filed Against Shell
By Mattex Omonext
A Non-Governmental Organization (NGO), under the aegis of Oil Spill Victims Vanguard,OSPIVV on Thursday expressed confidence that it will be victorious in the Suit filed against Royal Dutch Shell…
PIPELINE VANDALISM : IGP Vows To Fish Out Illegal Bunkers
The Inspector-General of Police Special Task Force on Pipeline Vandalism on Tuesday, said vowed to fish out illegal bunkers in the country, stating there will be no hiding place for those behind illicit act.
The Unit…
Strike Action By Workers May Lead To Prospective Buyers of Warri Refinery…..M.D. WRPC
Even as the ongoing protest enters day five, the Managing Director of the Warri Refining and Petrochemical Company,(WRPC ) Engineer Abali Mohammadu has said that the continuous barricading of the company's entrance by the aggrieved workers…
CABOTAGE : NCDMB Disburses $160 To Oil,Gas Companies
Nigerian Content Development and Monitoring Board (NCDMB) on Monday, disclosed that a whooping 160 million dollars has been disbursed to indigenous oil and gas companies from its intervention fund.
A total of 200 million…