The new managing director and chief executive officer, CEO of the Delta State Oil-Producing Areas Development Commission, DESOPADEC, Askia Ogieh has assured that the newly inaugurated board of the interventionist agency would adopt the principles of popular participation, equity and transparency in the discharge of its mandate. Ogieh also assured that they would endeavour to…
NNPC Promises to Deliver Condensate Refineries
The Group General Manager, Greenfield Refineries Division of the Nigerian National Petroleum Corporation, NNPC, Engr. Mohammed Sanusi Usman has assured that his division will deliver a condensate refineries in Nigeria. While giving reasons why refineries appear to be huge missing links in the country’s Oil and Gas industry, Usman also explained what contributes to delay…
Perception of Corruption in NNPC Based on Ignorance – Chairman, NNPC Anti-Corruption Committee
Perception of corruption in the Nigerian National Petroleum Corporation, NNPC is based on Ignorance. Chairman of NNPC, Anti-Corruption Committee, Mike Stanley Balami disclosed this in an interview with the NNPC News, a monthly publication of the Corporation. Balami affirm that the wrong impression comes from people who are outside the institution and who don’t know…
Takeover Operation of OML 11 From Shell, Buhari Tells NNPC
The Nigerian National Petroleum Corporation, NNPC, is to take over the operatorship of the entire Oil Mining Lease, OML, 11 from Shell Petroleum Development Company, SPDC. The directive was given by President Muhammadu Buhari via a letter to the Group Managing Director, NNPC, signed by the Chief of Staff to the President, Abba Kyari. The letter…
NNPC Announces Job Openings
The Nigerian National Petroleum Corporation, NNPC, says it has opened its portal for recruitment of fresh graduates and experienced professionals into the state owned Oil Corporation. Ndu Ughamadu, its Group General Manager, Public Affairs Division, confirmed this to the News Agency of Nigeria in Abuja on Wednesday. He said that the portal for the recruitment…
Don’t Remove Subsidy on Petrol –NANS Tells FG
The National Association of Nigerian Students, NANS, has cautioned the federal government against the removal of fuel subsidy, describing the move as one that could be detrimental to the citizens and the country’s economy at large. In a statement issued on Monday by Nwankwo Ezekiel, public relations officer, NANS, said after wide consultations with the…
Ivory Coast To Import Gas From Nigeria
The government of Cote D’ Ivoire has presented a formal request indicating its interest in liquefied petroleum gas supplies from Nigeria to support its growing power generation needs. The request came just as Ghana has called on Nigeria to assist it overcome the negative impact of the recent gas supply disruption it is facing through…
Oil Spill: Shell Admits False Claims In UK Court
Documents before a United Kingdom, UK court have revealed that Shell Petroleum Development Company, SPDC, has at different times made false claims about the impact of major oil spills in the Bodo area of Gokana Local Government, Rivers State. This was disclosed in a statement issued on Thursday by the Amnesty International. The statement said…
The Oil Price Burden
There is anxiety about the falling price of crude oil as dwindling revenue threatens economic and social development, raising concerns over the overall health of the Nigerian economy Nigeria is groaning under falling oil price and Ngozi Okonjo-Iweala, finance minister and coordinating minister for the economy, will have a herculean task managing the country’s economy…
Don Jazzy Unveils Oil and Gas Business
Michael Collins Ajereh, Nigerian multi award-winning record producer and songwriter, better known as Don Jazzy, has officially unveiled his oil and gas business named, Mavin Energy. The Mavin record boss shows the label is not only about music production, as he ventured into the Oil and Gas business with the company, Mavin Energy Limited dealing…
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