Malam Mele Kyari, Group Managing Director, Nigerian National Petroleum Corporation (NNPC) says amendment of the Deep Offshore (and Inland Basin Production Sharing Contract) Act is long overdue. Kyari also allayed the fears of International Oil Companies (IOCs) operating in Nigeria that the NNPC was committed to pushing legislations that would protect their investments in the…
Dr Moses Arigu, the Commissioner for Consumer Affairs, Nigerian Electricity Regulatory Commission (NERC) has charged students to dream big and be focused on their quest to achieving greatness. He gave the charge on Tuesday in Abuja at an event organised by the commission to recognise and award some students who excelled in its annual Electricity…
The Department of Petroleum Resources (DPR), has urged cooking gas plant operators in Anambra to adhere to Standard Operations Procedures (SOP) set by the regulatory to ensure safety. Mr Ignatius Anyanwu, the Operations Controller of DPR in the state gave the charge when he met with representatives of the Nigeria Association of Liquefied Petroleum Gas…
House of Representatives Committee on ICT on Wednesday, called on the Federal Government to address the challenges in NIGCOMSAT in order to boost the digital economy in the country. The Chairman of the Committee, Mr Lado Suleja, made the call during the House of Representatives Committee on ICT members’ oversight and familiarisation visit to NIGCOMSAT…
L-R: Group Managing Director, Nigeria National Petroleum Corporation, Mele Kolo Kyari; President, Nigerian Association of Petroleum Explorationist, Ajibola Oyebamiji and General Manager Exploration, Shell Petroleum Development company of Nigeria (SPDC), Mr. Daniel Agbaire during the opening ceremony of the 37th Annual Conference and Exhibition of NAPE at Eko hotel. ENERGY giant, the Shell Petroleum Development…
Hopes for a trade deal between the United States and China and expectations that OPEC would extend production cuts supported oil prices on Monday, helping them hold on to last week’s gains. Brent crude futures LCOc1, which rose 1.3 per cent last week, were little changed, trading at above 63 dollars per barrel at 1100…
The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) has called for compliance with the global ethics and best practices as a way of sanitising the oil and gas sector. Its National President, Mr Benneth Korie, made the call at the inauguration of the Kwara chapter of association’s executive in Ilorin. Korie, represented by…
Mr Bobby Dick, the Chairman of Independent Petroleum Marketers Association of Nigeria (IPMAN) in Abia, has called on relevant Federal Government agencies to restore supply of petroleum products to the Osisioma depot, near Aba. Dick made the call during a news briefing on Monday at the IPMAN Secretariat at Osisioma. He said that the depot…
…Following Bank Of Industry’s pledge to offer greater Support!*** After a long and hard struggle by the Nigerian Maritime Administration and Safety Agency (NIMASA) for a single digit interest facility in aid of operators in the country’s maritime industry, the Director-General, Dr. Dakuku Peterside, on Monday November 18, 2019 indicates he could now see brighter light at…
Seplat Plc on Monday announced the retirement of Mr Austin Avuru, as its Chief Executive Officer, effective July 31, 2020. The company, in a post listing requirement filing obtained from the Nigerian Stock Exchange (NSE) website, said thay Avuru would be replaced by Mr Roger Brown, its Chief Finance Officer. The statement said that Avuru…
