NUPRC to Work with Senate to check Oil Theft The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the joint investigations it carried out alongside the Senate Adhoc Committee on Crude out Thieft in the Niger Delta Region indicated that third parties had their field day at these oil facilities because of some IOCs to protect…
Senate says Oil Theft is a National Crisis The Senate Adhoc Committee set up to investigate Crude Oil Theft and the Impact on the nation’s Economy, has described the level oil theft in the Niger Delta Region as a National Crisis. Chairman of the Committee, Senator Albert Bassey who said this shortly after the committee’s…
ASUU Strike: Protesting Students Blocks Lagos Airport Some Nigerian students protested at the Murtala Muhammad International Airport, Lagos on Monday over prolonged strike of the Academic Staff Union of Universities (ASUU), which started on February 14, 2022. Vehicular movement were affected by the protest which resulted in some travellers trekking with their luggage. The students…
Privatisation: NUEE Accuses Gencos, Discos Owners Of Deception The National Union of Electricity Employees, NUEE, has accused the owners of the power Generation Companies or GenCo’s, and the power Distribution Companies or DisCo’s, of deceiving the Federal Government and Nigerians in the privatization of the power sector in 2013. The NUEE, said the Genco’s and…
Lower Oil Prices Defy Robust Forecasts for Global Demand Oil prices have tumbled by around a quarter in the past three months, largely due to fears of a prolonged slump in global energy demand. But no major forecaster is actually predicting one. Two of the most closely followed predictors of global oil demand, the Organization…
Pipeline Surveillance: Tread Carefully, Niger Delta Leader Urges Dokubo Amidst raging agitations over the N4billion per month pipeline surveillance contract awarded by the Federal Government to the former commander of erstwhile Movement for the Emancipation of Niger Delta, Government Ekpemupolo, popularly known as Tompolo, a leader in the region, Dr. Clarkson Aribogha, has called on…
China August Refinery Output Near 2-Year Lows On Outages China’s refinery crude throughput remained near two-year lows in August due to outages at several state refiners and independent plants which curbed production amid thinning margins and tepid demand. Refiners processed 53.66 million tonnes of crude oil last month, 6.5% less than a year earlier, according…
SNEPCo harps on safety ahead of Bonga Turnaround Maintenance …provides free medical eyecare to 2000 Lagosians Nigeria’s premier deep-water oil and gas exploration and production company, Shell Nigeria Exploration, and production Company Limited (SNEPCo), says the scheduled turnaround maintenance of its offshore Bonga asset would be defined by safety as top priority. SNEPCo’s Managing…
NCDMB partners Shell, Total to upgrade GTC PH to Centre of Excellence The Nigerian Content Development and Monitoring Board (NCDMB) is collaborating with Shell Petroleum Development Company (SPDC) and Total Energies Ltd to transform Government Technical College (GTC), Port Harcourt, Rivers State into a center of excellence for the training of craftsmen who will support…
Shell Set to Resume TNP Pipeline Test Shell Petroleum Development Company of Nigeria Limited (SPDC) is planning to resume the testing of its main trunkline, the Trans Niger Pipeline (TNP). A competent source, who pleaded anonymity, confirmed the development to the News Agency of Nigeria on Wednesday in Lagos. NAN reports that the TNP takes crude from production…
