The Shell Petroleum Development Company, operator of the SPDC joint venture, on Tuesday unveiled eight Host Community Development Trusts in Bayelsa State, a critical step for unlocking the $56million earmarked for development in line with the provisions of the Petroleum Industry Act (PIA) 2021. The $56.13 million represents funds to be paid this year by […]
Shell unlocks $56.13mln for host communities Read More »
Chevron Nigeria Limited (“CNL”), operator of the joint venture between the Nigerian National Petroleum Company Limited (“NNPCL”) and CNL (“NNPCL/CNL JV”), reiterates its commitment to the socio-economic development of its neighbouring communities. CNL confirms that about 08:40hrs, on May 16, 2023, some protesters from Ugborodo community occupied a third-party facility at CNL’s pipeline repair work
Chevron Nigeria Limited reiterates commitment to development of neighbouring communities Read More »
As part of the efforts to deepen the usage of Liquefied Petroleum Gas (LPG), a cooking gas marketer, Second Coming Nig. Ltd., has introduced 20kg composite LPG cylinders into the domestic market to deepen gas utilisation in every household. The firm’s Chief Executive Officer, Dr Basil Ogbuanu, at the launch on Tuesday in Lagos, said
Firm unveils composite LPG cylinders to deepen gas utilisation Read More »
NIGERIA: President Buhari flags off oil drilling at Chad Basin By Eyo Nsima President Muhammadu Buhari has flagged off petroleum drilling at the Lake Chad Basin which was suspended in 2017 after Boko Haram terrorists adopted scientists and geologists working for a subsidiary of the Nigerian National Petroleum Corporation. Speaking virtually at the flag-off, President
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Buhari, five African Presidents to commission Dangote Petroleum Refinery (today) In an epoch-making event that will positively transform Nigeria’s oil and gas sectoral landscape, President Muhammadu Buhari will today commission Dangote Petroleum Refinery & Petrochemicals, the world’s largest single train refinery in Ibeju-Lekki, Lagos; alongside his counterparts from Ghana, Togo, Senegal, Niger, and Chad. Promoted by Africa’s richest man, Aliko
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By Godswill Odiong Aliko Dangote, president of the Dangote Group has said that the company will release the first batch of refined products from the 650,000 bpd capacity Dangote Refinery & Petrochemicals plant into the market in July and August this year. In a speech at the refinery inauguration, in Lagos, Dangote said the
Dangote Refinery to process 650,000 barrels per day, products hit market July Read More »
Recently, some community indigenes working as contractors’ personnel invaded Seplat facilities at Amukpe and Sapele West locations, disrupting production activities and subsequently forcing a brief halt to business activities, including a declaration of force majeure to affected customers. Through stakeholder engagements and collaboration with the Government, the disruption has been resolved and normal operations have
Seplat Energy Committed to Best Practice in the Management of Contractor Personnel Read More »
Over $50bn Oil Industry Projects Unveiled at NOGOF- Wabote Oil and gas opportunities valued over $50bn and projected to be developed within five years were showcased by international and indigenous companies at the 2023 Nigerian Oil and Gas Opportunity Fair (NOGOF) which ended on Friday at the conference hall of the Nigerian Content
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NCDMB woos investors to stake resources in gas sector By Eyo Nsima The Nigerian Content Development and Monitoring Board, NCDMD has tasked local and foreign investors to invest in the gas sector. The executive secretary, NCDMB, Simbi Wabote, who disclosed this at the ongoing 2023 Nigerian Oil & Gas Opportunity Fair (NOGOF), in Bayelsa state, said:
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Chevron Nigeria Limited (“CNL”) has been commended for its continued support to the Nigerian Conservation Foundation (“NCF”) and commitment to environmental sustainability in the country. Kola Edu, a representative of the late Chief S.L. Edu family made the commendation on Tuesday, May 9, 2023, at the 21st Chief S. L. Edu Memorial Lecture which held at the Nigerian
