By Eyo Nsima The price of nation’s Bonny Light and others have risen to over $72 per barrel in the international market folowing the laatest report of the over the International Energy Agency, IEA. According to the report, there would be a strong rebound in global oil demand from October, 2021, especially because of a […]
OIL MARKET: Bonny Light, other crudes prices hit over $72 per barrel Read More »
The Department of Petroleum Resources (DPR) has reopened eight petroleum tank farms shutdown by the Lagos State Physical Planning Permit Authority (LASPPPA) in Ijegun-Egba, Satellite Town, Lagos. Mr Ayorinde Cardoso, Zonal Operations Controller, DPR, Lagos Zone, who directed the reopening of the depots said the agency lacked the constitutional power to shut them down because
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Angola’s National Oil, Gas and Biofuel’s Agency (ANPG) Administrator César Paxe officially announced the Agency´s efforts to increase oil and gas exploration at AOG 2021; A new permanent offer program will allow ANPG to negotiate the exploration of available petroleum-based resources throughout the year without the need for a tender announcement; The announcement was made
The leadership transition period at Nigeria LNG Limited (NLNG) ended at the weekend in Port Harcourt with the former Managing Director/Chief Executive Officer, Engr. Tony Attah handing over the symbolic Key to NLNG to his successor, Dr. Philip Mshelbila. At a Farewell and Welcome Ceremony held in honour of the executives, the NLNG Key changed
Attah hands over NLNG Key to Mshelbila Read More »
SHELL trains 40 Imo youths for Assah North-Ohaji South Gas Project A leading energy company, The Shell Petroleum Development Company of Nigeria Limited (SPDC) has commenced a one-year professional and vocational training for 40 youths from the SPDC Joint Venture host communities of the Assa North and Ohaji South gas project in Imo State.
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By Eyo Nsima The President, Ijaw National Congress, INC, Prof. Benjamin Okaba, Saturday, called for the urgent inauguration of the board of the Niger Delta Commission, NDDC. In a statement obtained by The Daily, www.thedaily-ng.com, he said: “Any further delay in the inauguration of the NDDC board is a clear betrayal of trust and display
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The Minister of State for Petroleum Resources, Chief Timipre Sylva on Thursday commissioned the Nigerian Content Development and Monitoring Board’s Technology Incubation and Innovation Center and formally launched the US$50 million Nigerian Content Research and Development Fund. The Minister performed these tasks at the second edition of the NCDMB R&D Fair and Conference held on
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OGONILAND: Don’t expect oil, gas production soon — Activist By Eyo Nsima An Ogoni-born environmental Justice Activist, Human Rights Defender and Executive Director of Youths and Environmental Advocacy Centre (YEAC), Fyneface Dumnamene Fyneface, Saturday, said Nigerians should not expect the commencement of oil and gas production in Ogoniland soon as there are still outstanding steps
OGONILAND: Don’t expect oil, gas production soon — Activist Read More »
–As Adeosun takes over as Chairman By Eyo Nsima Major Oil Marketers Association of Nigeria, MOMAN, has urged the federal government to deregulate the nation’s downstream sector without further delay in line with the provisions of the Petroleum Industry Act. The new Chairman of MOMAN, Mr. Olumide Adeosun, who made the call at a virtual
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The Department of Petroleum Resources (DPR) has said that optimizing Nigeria’s oil production processes remains a critical factor in the nation’s economic recovery drive and get the full benefits of the country’s resources. A statement in Abuja by the General Manager, Public Affairs of the organization, Mr. Paul Osu, quoted the Director and Chief Executive
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