L-R: Mr. Abdurahman Sikiru, Head Laboratory services, DPR, Dr. Musa Zagi Deputy Director/Head HSE DPR, Mr. Paul Osu, Head Public Affairs, DPR during the opening of the exhibition stand at the DPR 3rd oil and gas industry laboratory stakeholders workshop In ensuring industry ethical standard and best practices, the Acting Director of Department of…
Members of the Edo State Civil Society of Organisations (EDOSCO) on Tuesday staged a protest against the claim by the management of the Benin Electricity Distribution Company (BEDC) that it had distributed 190, 000 meters to customers in the state. The group who protested around the city centre, alleged that the claim by the utility…
Oil prices rebounded on Tuesday on reports that output from the world’s largest oil producers fell during the third quarter, although a resumption in Saudi supply and demand concerns kept a lid on gains. Brent crude futures LCOc1 rose 57 cents to 59.82 dollars a barrel by 0852 GMT, while U.S. West Texas Intermediate crude…
The President, Nigerian Gas Association (NGA), Mrs Audrey Joe-Ezigbo, says production of gas remains the key to unlocking Nigeria’s economic potentials. Joe-Ezigbo made the assertion in an exclusive interview with TBI Africa team on Tuesday in Lagos while appraising the performance of the oil and gas industry as Nigeria marks her 59th Independence Anniversary. The…
A Renewable Energy Expert, Mr Yusuf Suleiman, has called on the Federal Government to reduce taxes and import duties on solar products to promote alternative power supply. Suleiman, who is the Chief Executive Officer (CEO), Blue Camel Energy, made the call in in Abuja on Monday. He said that government policy on import duty on…
Minister of State Power, Mr Goddy Jedy-Agba, says the Federal Government will collaborate with Norway to boost power supply in the country. Jedy –Agba said this in Abuja on Monday when the Royal Norwegian Ambassador, Mr Jens–Petter Kjemprud, visited the Ministry of Power in Abuja on Monday. He said that Norway was a positive power…
French oil major, Total, says it has completed the acquisition of Anadarko’s 26.5 per cent stake in Mozambique’s Liquefied Natural Gas (LNG) project for $3.9 billion. Total Chairman and Chief Executive Officer, Patrick Pouyanne, said in Paris that it acquired the stake because “Mozambique LNG is a one of a kind asset that perfectly fits…
… Commission Development Projects in Kula Kingdom The Federal Government would leave no stone unturned in the efforts to bring about lasting peace and security in the nation’s oil producing host communities and the entire Niger Delta region. The Minister of State for Petroleum Resources, Chief Timipre Sylva and the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam…
. Announces N254bn turnover, N1.58bn pat for 2018 A leading downstream oil company, NIPCO Plc, has declared N254 billion turnovers and a profit after tax of N1.58 billion for 2018 financial year just as it deepened its petroleum products outlets expansion and doubled its Liquefied Petroleum Gas (LPG) market share in Nigeria. Company Chairman, Chief…
Chief Timipre Sylva, Minister of State for Petroleum Resources, has called for a change of strategy from agitations in the Niger Delta to maximise the interventions in the region. Sylva made the call on Saturday during a visit to OML-25 Flow Station at Belema Community, Akuku-Toru Local Government Area of Rivers. He said that the…
