Rainoil Limited has assured safety around the Ijegun-Egba community where its LPG depot is located, stating that there is no gas leak. In a press statement, the company stated that the speculation and rumour of a gas leak was unfounded . “Rainoil today carried out a routine fire safety drill to ensure the preparedness of […]
Rainoil debunks gas leak rumour , says no cause for alarm Read More »
The Nigerian Content Development and Monitoring Board (NCDMB) and Nexim Nigerian Export-Import Bank on Wednesday in Abuja signed a memorandum of understanding on the administration of US$30 million Working Capital Fund for oil and gas service companies. The Fund was conceived by the NCDMB to support the operations of local oil companies against the adverse
NCDMB, NEXIM Bank sign deal on US$30m Working Capital Fund for oil firms Read More »
SUDAN: Ministry of Petroleum Launches First Licensing Round . Analysts see a prospect with increasing political stability By Eyo Nsima The Ministry of Petroleum (MoP) of the Republic of South Sudan, has announced the launch of the country’s first Oil Licensing Round. The MoP said it has identified new exploration blocks with potential hydrocarbons and
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NNPC, EFCC, Others Partner to Tackle Petroleum Products Smuggling, Crude Oil Theft The Nigerian National Petroleum Corporation (NNPC) is collaborating with the Economic and Financial Crimes Commission (EFCC), Department of State Services (DSS), Nigeria Police Force (NPF), Nigeria Customs Service (NCS), Nigeria Security and Civil Defence Corps (NSCDC) and other relevant downstream and upstream stakeholders
NNPC, EFCC, Others Partner to Tackle Petroleum Products Smuggling, Crude Oil Theft Read More »
Managing Director of The Shell Petroleum Development Company of Nigeria (SPDC), Mr. Osagie Okunbor, has emerged winner of the 2021 Award for Excellence and Integrity in Corporate Leadership of the Federal University of Petroleum Resources (FUPRE), Effurun in Delta State. ‘The university recognises your industry leadership and observed personal qualities, values and approach to leadership
Shell Nigeria Chair bags Petroleum Varsity fellowship Read More »
OPEC Daily Basket – June 18, 2021 OPEC daily basket price stood at $71.56 a barrel Friday, 18 June 2021, compared with $72.29 the previous day https://www.opec.org/opec_web/en/press_room/6291.htm
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KRDF AGM: NNPC/CNL JV calls for stakeholders collaborations against oil theft, vandalism Chevron Nigeria Limited (CNL) has sought more cooperation from stakeholders in Niger Delta to reduce oil theft and vandalism. Mr. Esimaje Brikinn, General Manager, Policy, Government and Public Affairs (PGPA) of CNL made this call on Thursday, June 17, 2021, during the 9th Annual General Meeting of
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OPEC Secretary-General, three major oil ministers, confirm presence at African Energy Week 2021 The landmark event has drawn an unprecedented level of support from across the continent within less than a week after it was first announced. Mohammed Barkindo, OPEC General Secretary, has confirmed his presence at Africa’s Energy Chamber’s landmark event in Cape
GPPSL clinches NIPS ‘Oilfield Services Company of the Year’ for the third consecutive time The Global Process and Pipeline Services Limited (GPPSL), has clinched the Oilfield Services Company of the Year 2020 award at the 4th Edition of the Nigeria International Petroleum Summit (NIPS) held recently in Abuja. The company was adjudged the best
Kola Adesina, Executive Director, Sahara Group has said the World Trade Organisation (WTO) needs to galvanise the interest and support of various stakeholders to promote equitable global trade relations and energy access in Africa where almost 600 million live without electricity. Adesina who spoke on ‘Redirecting the World Trade Organisation’ at the virtual 2021 Horasis
Sahara Group urges WTO to promote equitable trade, access to energy Read More »