BREAKING: Bonny Light price drops to $69.40 By Eyo Nsima The price of Nigeria’s Bonny Light has dropped to $69.40 per barrel as the Coronavirus pandemic resurges in different parts of the world. The price of the crude had risen to $75 per barrel a few weeks ago before sliding to the present level. However, […]
BREAKING: Bonny Light price drops to $69.40 Read More »
SPACES FOR CHANGE reacts as President Buhari assents to Petroleum Industry Act .Calls for amendment of 5 clauses By Eyo Nsima SPACES FOR CHANGE | S4C, a non-profit organization working to infuse human rights into social and economic governance processes in Nigeria, has reacted as President Muhammadu Buhari assents to Petroleum Industry Act. According to the
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DPR CALL FOR TRAINING OF DOWNSTREAM OPERATORS TO ADDRESS ACCIDENTS IN OIL, GAS INDUSTRY The Department of Petroleum Resources (DPR) has reiterated that the Minimum Industry Safety Training for Downstream Operations (MISTDO) remains compulsory for all players in that part of the petroleum industry. The DPR noted that the programme introduced to safeguard operations in
DPR CALL FOR TRAINING OF DOWNSTREAM OPERATORS TO ADDRESS ACCIDENTS IN OIL, GAS INDUSTRY Read More »
By Eyo Nsima President Muhammadu Buhari has named the Minister of State for Petroleum Resources, Timipre Sylva, to oversee the implementation of the newly signed Petroleum Industry Act, PIA. In a statement obtained by The Daily, www.thedaily-ng.com, the Special Adviser to the President on Media and Publicity, Chief Femi Adesina, said other members are: Permanent
Petroleum Industry Act: Sylva heads Implementation Committee Read More »
By Eyo Nsima The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has reiterated the Corporation’s commitment to supporting the Nigeria Liquefied Natural Gas (NLNG) Limited towards achieving its goal of becoming a global LNG company of choice. Speaking as a Guest of Honour at the 2021 NLNG Health Safety
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The Jama’Are Local Government Area in Bauchi State, in the embattled North East of Nigeria, has taken delivery of a newly built and well-equipped 10-bedspace paediatrics ward, medical laboratory, with water facilities and water treatment plant powered by a10Kva solar system. The donation from Shell Nigeria Exploration and Production Company (SNEPCo), on behalf of itself,
SNEPCo, NNPC build paediatric ward, lab in Bauchi Read More »
NESTOIL@30: DEVELOPING LOCAL CAPACITY AND INNOVATION IN THE OIL AND GAS INDUSTRY The enactment of the Nigerian Oil and Gas Industry Content Development, known as the Local Content Act in 2010 to promote indigenous participation in Nigeria’s oil and gas industry, and improve the economic and social wellbeing of the players in the oil
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By Eyo Nsima The Executive Secretary, Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), Mr. Bassey Essien, said, the price of 12.5kg could hit N10,000 in December 2021, if urgent steps are not taken to address issues in the market. Speaking at the Platform Africa discourse, monitored by The Daily, www.thedaily-ng.com, Saturday, he said: “The
Price of Nigeria’s cooking gas could hit N10, 000 per 12.5kg — NALPGAM Read More »
By Eyo Nsima The Government of South Australia has called for nomination for its 2021 Premier’s Awards in Energy and Mining. In a statement obtained by The Daily, www.thedaily-ng.com, it stated: “Premier Steven Marshall invites nominations for the 2021 Premier’s Awards in Energy and Mining. The awards recognize excellence in innovation and transformation, safety and
South Australia calls for nomination for the 2021 Premier’s Awards in Energy, Mining Read More »
By Eyo Nsima THE Organisation of Petroleum Exporting Countries, OPEC, has disclosed that Nigeria produced 1.437 million barrels per day, mb/d, excluding condensate, in July 2021. In its July Monthly Oil Market Report, MOMR, obtained by The Daily, www.thedaily-ng.com, Vanguard, OPEC stated that the nation’s output was based on data it obtained from secondary sources.
JUST IN: Nigeria produces 1.4 mb/d in July— OPEC Read More »
