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Oil and Gas

EITI : NNPC Joins 65 Extractive Supporting Companies

The Nigerian National Petroleum Corporation (NNPC), has become an EITI supporting company, joining a group of over 65 extractives companies, state-owned enterprises (SOEs), commodity traders, financial institutions and industry partners who…

NLNG TRAIN 7 : Wike Demands Employment Of Rivers Indigenes

The Rivers State Governor, Nyesom Ezenwo Wike has assured of government's support to make the Nigeria Liquefied Natural Gas(NLNG) Train 7 project a success, calling on its officials to employ indigenes from the state. Governor Wike made…

OML 11: Rivers State Wins Suit Against Shell

The Rivers State High Court sitting in Port Harcourt and presided over by Hon. Justice Charles Nwogu, on Wednesday, delivered judgement in suit No.PHC/652/CS/2020 filed by the Attorney General of Rivers State against Shell Petroleum…

Oil Theft: Truck Driver Bags Six Months Jail Term

Justice I.M. Sani of the Federal High Court, Port Harcourt, Rivers State on Wednesday, August 12, 2020 convicted and sentenced Ngwa Amaechi Raphael to six months imprisonment for illegal dealing in petroleum products. The defendant was…

LASG Brainstorm With NUPENG , As Union Calls Off Strike

The National Union of Petroleum and Natural Gas Workers (NUPENG) has called off its strike which commenced earlier on Monday. A communique jointly signed by the Honourable Commissioner for Energy and Mineral Resources, Mr. Olalere…

OPEC Prepares For An Age Of Dwindling Demand

The coronavirus crisis may have triggered the long-anticipated tipping point in oil demand and it is focusing minds in OPEC. The pandemic drove down daily crude consumption by as much as a third earlier this year, at a time…