The Extractive Industries Transparency Initiative (EITI) has lauded the Nigerian National Petroleum Corporation (NNPC) as one of the global leaders in terms of publication of its accounts and data and urged other companies to emulate the excellent transparent corporate culture of the National Oil Company. Executive Director of EITI, Mark Robinson, gave this endorsement when…
Forte Oil (FO) Plc on Monday notified its shareholders of plans for a name change to Ardova Plc. The company stated this in a notice of Extra General Meeting (EGM) posted on the Nigerian Stock Exchange (NSE) web site and signed by Oladeinde Nelson-Cole, the acting Company Secretary. The company would be seeking shareholders resolution…
**Canvasses investment in new technology Group Managing Director, Nigerian National Petroleum Company (NNPC), Mallam Mele Kyari, Immediate President, Nigerian Association of Petroleum Explorationists (NAPE), Mr. Ajibola Oyebamiji and Managing Director, Asharami Energy (A Sahara Group Upstream Company), Mrs. Olajumoke Ajayi at the recently concluded NAPE 37th International Annual Conference in Lagos Continuing investment in technology…
A cross section of the NNPC/SNEPCo National Cradle to Career scholars at the scholarship award ceremony held at Top Faith International Secondary School, Akwa Ibom State… recently No fewer than 90 pupils from Nigeria’s six geo-political zones have been awarded full-board six-year secondary school scholarships administered by the Shell Nigeria Exploration and Production Company (SNEPCo) in…
Doha — Qatar topped up its expansion plan for its vast liquefied natural gas (LNG) production facilities after drilling and appraisal work at its gas fields and now expects to produce 126 million tonnes a year (mtpa) by 2027. The announcement by the world’s biggest LNG supplier comes as prices for the super-chilled gas languish at…
Shell Companies in Nigeria won the Best Exhibitor Award at the 37th annual international conference and exhibition of the National Association of Petroleum Explorationists, NAPE. Newly installed NAPE President, Mr. Alex Nachi Tarka, FNAPE (right), present a certificate to Shell’s Operations Geophysicist, Mrs. Uche Aigbokhai (left) and Shell’s Creative Solution Adviser, Mrs. Bena Oyedele (centre)….
The Nigerian Petroleum Development Company (NPDC), a subsidiary of NNPC, on Saturday organised scholarship examination for 300 students from its host communities. Mansur Sambo, the managing director of NPDC, told newsmen at the Delta centre in Federal University of Petroleum Resources, Effurun, that abot 180 of the candidates were taking the exam in Delta centre….
Customers of Ikeja Electricity Distribution Company (IKEDC), have expressed concerns over the firm’s full implementation of e-billing system which took effect in November. The customers said in separate interviews on Friday in Lagos, that the e-bills had several issues that needed to be addressed urgently. With the introduction of e-billing, customers would no longer receive…
The Telecom Italia Sparkle (TIS) says it is seeking partnership with the Nigerian Communications Commission (NCC) to deepen business partnership and be a player in the Nigerian telecom sector. The Deputy Head of Mission to the Italian Embassy, Mr Tarek Chazli, made this known during a courtesy visit at the NCC’s Head Office in Abuja…
President Vladimir Putin on Wednesday said that Russia and OPEC have ‘a common goal’ of keeping the oil market balanced and predictable, and Moscow will continue cooperation under the global supply curbs deal. The Organisation of the Petroleum Exporting Countries (OPEC) meets on Dec. 5 in Vienna, followed by talks with a group of other…
