Mr Mele Kyari, Group Managing Director, Nigerian National Petroleum Corporation (NNPC), has hailed the decision of labour leaders to suspend their planned protest scheduled to have commenced Monday. Kyari, in a tweet on his official Twitter handle on Monday, praised the leadership of the unions for choosing the pursuit ofRead More

Prof. Wumi Iledare, on Monday, said that there was no need for organised labour to embark on strike over the deregulation of the downstream oil sector. Iledare, a Professor of Petroleum Economics,  in Abuja, said that deregulation of the sector was a must-do for the growth of the country. “DeregulationRead More

Asides a proposal for NNPC, PPPRA, PEF scrapping, new PIB gives more power to oil, finance ministers, cuts down powers for DPR, others     President Muhammadu Buhari has transmitted the much-awaited Petroleum Industry Bill (PIB) 2020 to the National Assembly and has proposed the creation of the Nigerian NationalRead More

The Rivers State government and energy company, the Shell Petroleum Development Company of Nigeria Limited (SPDC), in Port Harcourt on Thursday, inaugurated the Egi/Igburu Cluster Development Board (CDB) for pipeline communities to SPDC’s Assa North Gas project. The SPDC’s Assa North Gas project has a capacity for 300 million standardRead More

  Five innovative teams were selected on Saturday as the winners of the Nigerian Oil and Gas Technology, NOGTECH Hackathon sponsored by the Nigerian Content Development and Monitoring Board, NCDMB. The teams are Fuel Intellisense, Homefort Energy, Gricd Mote, Kiakia Gas and Airsynq and their projects were picked as theRead More

The Nigerian National Petroleum Corporation (NNPC) has extended for six months its contracts with private companies to swap crude oil for fuels, two sources familiar with the contracts told Reuters yesterday. In July 2019, in order to continue its exchange of crude oil for refined fuel, the Nigerian National PetroleumRead More

The Nigerian Oil and Gas Technology, NOGTECH sponsored by the Nigerian Content Development and Monitoring Board, NCDMB has commenced the 3-day hackathon stage from Thursday in Lagos, with 15 teams contesting for the opportunity to emerge among the top five finalists. Upon emergence, the top five teams will undergo aRead More

  Yemisi Izuora The Nigerian National Petroleum Corporation, NNPC, has disclosed that its legal team has saved the country about $5 billion. The Litigation Team of the Corporation,  has also won the Leading Case Counsel Team of the 2020 Africa Arbitration Awards. In a statement the Corporation’s Group General Manager,Read More

Port Harcourt — Ekpeye Oil, Gas and Pipelines Host Families Association, says the Memorandum of Understanding, signed between Niger Delta Petroleum Resources, NDPR, and the host communities of Ogbelle, Obumeze, and Oshibokor, is not functional. Chairman of the Association, Chidi Dogini, who disclosed this, accused the oil firm of deploying whatRead More

The Federal Government has stated that its N250 billion intervention facility for the national gas expansion programme is targeted at making Compressed Natural Gas (CNG) the fuel of choice for transportation and Liquefied Petroleum Gas (LPG), domestic cooking, captive power, and small industrial complexes. To this end, the Central BankRead More