A new advisory board made up of eminent oil and gas industry professionals has been constituted for the Oil Trading and Logistics (OTL) Africa Petroleum Downstream Week. Dr Emeka Akabogu, Chairman, OTL Downstream Development in Africa Ltd., made the announcement…
…Says FG’s political will, enormous resources invested in Extractive industry yielding results The Executive Secretary of the Nigeria Extractive Industries Transparency Initiative, NEITI, Dr Orji Ogbonnaya Orji, has expressed excitement that the international community is beginning to see Nigeria’s efforts…
The Ibadan Electricity Distribution Company (IBEDC) has re-launched the Meter Asset Provider Scheme (MAPS) as part of its efforts to ensure meter roll out across its franchise. Mr John Ayodele, the IBEDC Chief Operating Officer, made this known to journalists…
The Federal Executive Council (FEC) has approved $1.9 billion for the procurement of equipment for the nation’s power sector to boost power supply across the country, through the Presidential Power Initiative. Minister of Finance, Budget and National Planning, Zainab Ahmed…
The Chief Executive Officer, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mr Gbenga Komolafe has said the implementation of the Petroleum Industry Act ( PIA) will enable far-reaching reforms and a sustainable overhaul of the industry. Komolafe made the assertion on…
…Says it has 2bn litres of petrol in reserve By Uthman Salami The Nigerian National Petroleum Company Ltd. (NNPC) has it would continue to work tirelessly to ensure sufficient supply of petrol to every part of the country during and…
The Governor of Bayelsa State, Douye Diri has redeemed his pledge to bring succour to Nembe communities recently affected by the oil leak from an oilfield operated by Aiteo Eastern Exploration and Exploration. The Nov. 5 spill at Oil Mining…
The Organised Private Sector of Nigeria (OPSN) has urged Federal Government to take steps to address possible socio-economic issues arising from the proposed the removal of fuel subsidy. The Chairman, OPSN, Mr Taiwo Adeniyi, made this known at a news…
The Nigerian Content Development and Monitoring Board (NCDMB) has said the media is critical to promoting the development of Nigerian content in the oil and gas industry. The General Manager, Corporate Communications and Zonal Coordination Division, NCDMB, Dr Ginah Ginah…
Nigeria’s oil production has rebounded in November, rising by 100,000 barrels a day bpd to 1.49 million bpd, after witnessing disruptions in October. Nigeria continued to pump below its quota, to the tune of 160,000 bpd, according to the Argus…
