Gasoline cracks and high prices for competing North Sea grades kept price offers high for light, sweet Nigerian crude, though two key streams have suffered loading issues. * A slightly smaller January loading volume for North Sea benchmark grades and multi-year price highs for the likes of Forties kept offers for some light, sweet Nigerian…
The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mallam Mele Kyari, has urged members of Petroleum Technology Association of Nigeria, PETAN to focus more on gas development and support the government in its fight in curbing emission. Speaking at the PETAN’s 2019 Clients’ Appreciation and Industry Achievement Awards in Lagos at the…
The Department of Petroleum Resource (DPR) has assured Nigerians of adequate supply of products across the country before, during and after the yuletide season. Acting Director of Operations, Abuja Zonal Office, Alhaji Idris Mohammed, disclosed this in Abuja on Sunday. “You can be rest assured that we cannot encounter the problem of scarcity during the…
The Minister of State for Petroleum Resources, Chief Timipre Sylva says Nigeria has met the 100 per cent target agreement entered into by Oragnisation of petroleum Exporting Countries (OPEC) and 10 Non-OPEC Member States. Sylva said this in a statement issued by his Spokesman, Alhaji Garba Muhammad in Abuja on Sunday. OPEC and10 Non-OPEC Member…
The Managing Director and Chief Executive of Total E&P Nigeria Ltd, Mr Mike Sangster, says his organisation was committed to supporting sports and using the same to promote charity in Nigeria. Sangster made the assertion on Saturday in Lagos during the 2019 Total Charity Golf Tournament held at Ikoyi Club 1938, where two Non-Governmental Organisations…
L-R Chief Operating Officer for Gas and Power, Nigerian National Petroleum Corporation,Yusuf Usman; Chairman, Petroleum Technologies Association of Nigeria (PETAN), Bank-Anthony Okoroafor; General Manager, Business and Government Relations, The Shell Petroleum Development Company of Nigeria Limited (SPDC), Bashir Bello; Managing Director, Shell Nigeria Exploration and Production Company, Bayo Ojulari; and Shell’s General Manager, Nigeria Content…
The Nigerian Conservation Foundation (NCF) on Friday in Lagos ended its week-long events on climate action with a tree planting campaign to highlight the importance of trees to the environment. The NCF and its allies, including NYSC corps members and green environment activists, rallied on major streets of Ikeja with placards of varying inscriptions on…
Members of Aghoro 1 community, Ekeremor Local Government Area in Bayelsa State on Friday, November 29, 2019 expressed dissatisfaction over the compensation that Shell Petroleum Development Company of Nigeria (SPDC) offered to pay for an oil spill that occurred on May 17, 2018. They alleged that the oil firm arbitrarily determined the compensation for the incident despite…
******* To add value to crude oil refining in Africa Dangote refinery has taken delivery of the world largest crude distillation column equipment with capacity of refining 650,000 crude oil. Capt Rajen Sachar, Head, Maritime and Ports Infrastructure of Dangote told the newsmen during the arrival of the facility in Lagos that the equipment is…
Members of Aghoro 1 community, Ekeremor Local Government Area in Bayelsa on Friday expressed dissatisfaction over the compensation that Shell Petroleum Development Company of Nigeria (SPDC) offered to pay for an oil spill that occurred on May 17, 2018. They alleged that the oil firm arbitrarily determined the compensation for the incident in spite of…
