A total of 143 comprising 100 secondary school teachers and 43 Chief Inspectors of Education (CIE) from Edo and Delta states were proud recipients of Seplat Teachers Empowerment Programme (STEP) Certificates, having concluded their three-month training on the programme. The STEP initiative is an educational programme created by the leading indigenous energy company, Seplat Petroleum […]
The Department of Petroleum Resources (DPR) said it generated over N2 trillion in 2020. Director/chief executive officer of DPR, Engr Sarki Auwalu, who made the disclosure while delivering a keynote address at the 2021 Oloibiri Lecture Series and Energy Forum, organized by the Nigeria Council, Society of Petroleum Engineers, in Abuja, said despite the challenges
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JUST IN: Oil market react as drones attack Saudi Arabian facility By Eyo Nsima The international oil market has reacted to the latest drone attack on Saudi Arabian oil facilities. The prices which had hovered at an average of $64.20 per barrel before the attack has risen to $64.70 per barrel. According to the Organisation
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How oil price drops to $66.20 per barrel on IEA report By Udeme Akpan THE price of Bonny Light, which had risen to over $71 per barrel has dropped to $66.20 per barrel because of the negative International Energy Agency’s report. In the report obtained by The Daily, http://www.thedaily-ng.com, the IEA, stated that the market was still
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$1.5bn: Nigerians react as FG moves to rehabilitate PH Refinery By Eyo Nsima Many Nigerians have reacted as the Federal Government moves to rehabilitate the Port Harcourt Refinery, which has two plants at the cost of $1.5 billion. For instance, Prof. Omowumi Iledare, the Ghana National Petroleum Corporation (GNPC) Professorial Chair in Oil and Gas
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Total Nigeria PLC improves Road Safety through Truck Drivers’ Initiative Against the backdrop of serious concerns about the state of trucks and drivers conveying petroleum products on Nigerian roads, Total Nigeria PLC (TNPLC) has highlighted how its Truck Drivers’ Initiative is improving road safety in Nigeria with continuous training and audits. At a parley held
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DPR seals 2 filling stations in Lagos The Department of Petroleum Resources (DPR) on Wednesday sealed off two filling stations in Lagos for under dispensing of petrol. Mr Ayorinde Cardoso, Zonal Operations Controller, DPR, Lagos, confirmed the development after an inspection visit to eight filling stations located in Ikorodu Road, Oshodi-Apapa Expressway and Ikeja
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OPL 245: Milan court rules on sale of $1.3 bn oil field . As FG, Shell, Eni react By Eyo Nsima The Milan court, Italy, has acquitted Shell, Eni, and their officials of alleged corruption over the sale of Oil Prospecting License, OPL 245. In 2011, Shell, and Eni, were accused of
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The Minister Of State For Petroleum Resources, Chief Sylva Tmipre, Has Performed The Groundbreaking Of the Rungas Cylinder Plant. The facility alongside its sister plant – Rungas Prime in Polaku, Bayelsa State are being developed with equity investments by the Nigerian Content Development and Monitoring Board (NCDMB) and will on completion have a combined capacity
OPEC Daily Basket – March 15, 2021 OPEC daily basket price stood at $68.18 a barrel Monday, 15 March 2021, compared with $68.14 the previous Friday https://www.opec.org/opec_web/en/press_room/6291.htm
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