The Nigerian oil and gas industry is strategic to the overall socio-economic development of the country. Nigerian Content (“NC”) development is critical for the nation as it progresses in its quest to acquire oil and gas technology and build indigenous…
The Nigerian National Petroleum Company (NNPC) Limited started its activities for the week at the World Bank Nigeria Development Update in Abuja, with a fresh commitment to the ongoing reform in the oil and gas sector in Nigeria. The event…
Seplat Energy Plc today, confirmed that it is in ‘competitive discussions’ with a partner to acquire ExxonMobil’s Nigerian shallow water business. The confirmation is sequel to recent press speculation on the issue. Reacting to the development, the leading indigenous energy…
The Transmission Company of Nigeria (TCN) has begun rehabilitation and replacement of old circuit breakers on the country’s transmission network to improve bulk power transmission to distribution centres nationwide. The work, which was officially flagged off at the 37-year-old 330/132kV…
… As Aiteo assures containment, pledges additional relief to affected residents By Uthman Salami The Coordinator, Niger Delta Artisan Fishermen Association of Nigeria, Rev. Samuel Ayadi has commended President Muhammadu Buhari for his concern and response to ongoing oil leak at…
…We are delighted after a long-delay — LCCI By Uthman Salami The Lagos Chamber of Commerce and Industry (LCCI) has joined other stakeholders to express excitement over the proposed subsidy removal by the Federal Government in 2022. The President, LCCI,…
Bankole Taiwo, Abeokuta Barely two weeks after a tanker fire incident around Ogere Remo axis of Lagos-Ibadan expressway leading to loss of three lives, another tanker carrying Premium Motor Spirit popularly called petrol upturned itself in a lone crash around…
By Uthman Salami The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has extended its nationwide strike notice by seven days to the timely intervention of Nigeria National Petroleum Corporation, NNPC. Earlier, the Union had issued a 14-day strike…
A delegation from Russian has indicated interest in making significant investment in Nigeria as federal government continues to woo foreign investors into the country. The 16-man delegation representing different companies made the pledge during a Nigerian-Russian business meeting organized by…
By Uthman Salami The Minister of State for Petroleum Resources, Chief Timipre Sylva has said the oil spill at Aiteo Eastern Exploration Company, in Basambri, Bayelsa would be speedily addressed. The minister made this known when he undertook an on-the-spot…
