27 C
Lagos, South Africa and New York
Saturday, June 6, 2020

Group commends Kachikwu over Warri Refinery operations

Niger Delta Anti-Corruption Crusaders has commended the Minister of State for Petroleum, Dr. Ibe Kachikwu, NNPC’s Group Managing Director, Maikanti Baru, Chief Operating Officer (Refineries) Anibor Kragha and Managing Director of Warri Refining and Petrochemicals Company, Mr. Adewale Ladenegan, for the smooth operations of...

NNPC Denies Recruitment Exercise

The Nigeria National Petroleum Corporation (NNPC), has reiterated its appeal to the public to disregard any announcement of recruitment or invitation to its interview The Group General Manager, Group Public Affairs Division, Mr Ndu Ughamadu, made the disclaimer in a statement in Abuja on Friday. According...

Six soldiers killed in new clash in Nigeria’s oil hub – army

By Tife Owolabi YENAGOA, Nigeria May 5  - At least six Nigerian soldiers have been killed in new military campaign against militants in the country's restive Niger Delta oil hub, security officials said on Friday. The southern swampland has been largely quiet since the start of...

Niger Deltan village Ikebiri seeks $2.2m in damages against Eni

MILAN May 5 (Naija247news) - A Nigerian village has filed a lawsuit in Milan against Italian oil company Eni demanding compensation for damage caused by an oil pipeline explosion in 2010, an Italian lawyer representing the village said on Thursday. The village of Ikebiri in...

NJ Ayuk’s Big Barrels Leads the Way forward to Africa oil and gas 2.0

Author NJ Ayuk, founder and CEO of Centurion Law Group, is an authority on the energy business and enterprise in Africa today JOHANNESBURG, South Africa, May 3, 2017/ -- As an exemplary African entrepreneur, NJ Ayuk has intimately witnessed the transformative impact of the oil...

FG will stop sponsorship of delegates to oil conference in 2018 — Kachikwu

The Minister of State for Petroleum Resources, Ibe Kachikwu, has declared that the Federal Government would from 2018, stop sponsorship of delegates to the Offshore Technology Conference (OTC). Mr. Kachikwu made the disclosure in Houston on Tuesday at a meeting with investors, business owners, and...

Unpaid N1.76 trillion: NEITI urges FG to review oil assets transfer to NPDC

The Nigeria Extractive Industries Transparency Initiative, NEITI, on Monday asked the federal government to immediately revisit and re-evaluate the transfer of some federation oil assets by the Nigerian National Petroleum Corporation, NNPC, to its upstream industry subsidiary, the Nigerian Petroleum Development Company, NPDC. The Executive...

Nigeria lost $850m to gas flaring in 2015 – DPR

The Department of Petroleum Resources (DPR) said that Nigeria, the ninth largest gas producing nation in the world, lost over 850 million dollars to gas flaring in 2015. Mrs Pat Maseli, Deputy Director, Head, Upstream, DPR, gave the statistics at the just concluded 10th Annual...

ExxonMobil and Chevron benefit from oil price rebound

Oil majors beat analyst expectations but show lasting scars from crude’s downturn ExxonMobil and Chevron, the two largest US oil groups, have reported earnings for the first quarter that show sharp improvements thanks to the rebound in oil and gas prices but also lasting effects...

UK Oil & Gas Council unveils Sahara Group director, Tonye Cole, as winner of Africa Energy Awards

The United Kingdom Oil and Gas Council on Tuesday announce the Executive Director/Founder of the Sahara Group, Tonye Cole, as winner of the 2017 Lifetime Achievement Africa Energy Award. In announcing the award, the Council said Mr. Cole was recognised for his commitment to the...