By Emmanuella Anokam The Nigerian Association of Road Transport Owners (NARTO) has called off its strike as the Federal Government has announced payment of their bridging claims. The Federal Government said though NARTO’s issues were purely commercial but its intervention and transportation claims payment (though figure undisclosed) became necessary toContinue Reading
By Emmanuella Anokam The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) has called on President Bola Tinubu to declare a state of emergency on the country’s refineries, if the economy must be stabilised. President of NOGASA, Chief Benneth Korie, made the call on Tuesday at a news conferenceContinue Reading
By Emmanuella Anokam The Federal Government has assured to address the concerns of oil transporters and distributors to ensure smooth distribution following the high cost of operations and maintenance of trucks used in the distribution of petroleum products. Sen. Heineken Lokpobiri, Minister of State Petroleum Resources (Oil), made this knownContinue Reading
By Emmanuella Anokam The convener of the Nigeria International Energy Summit (NIES) says it is targeting collaboration among stakeholders for energy sustainability. James Shindi, Chief Executive, Brevity Anderson, consultant to NIES, said to actualise this objective, the NIES 2024 summit, the seventh in the series, would feature a new sessionContinue Reading
By Emmanuel Afonne Ex-Super Eagles Captain Austin Okocha will lead his former teammates to tackle the football team of the Nigerian National Petroleum Company Limited (NNPC Ltd.), as the 13th NNPC Sports Fiesta gets underway in Abuja on Sunday. A statement by Olufemi Soneye, Chief Corporate Communications Officer, NNPC Ltd.Continue Reading
By Emmanuella Anokam The Group Chief Executive Officer of Oliserv Group of Companies, Emeka Okwuosa, has highlighted the challenges indigenous oil companies encounter in securing International Oil Companies (IOC)’s divested assets. Okwuosa listed the challenges in a presentation tagged: “Financing Africa’s Energy Companies”, on Thursday at the ongoing 8th Sub-SaharanContinue Reading
By Emmanuella Anokam The Nigerian National Petroleum Company Limited/TotalEnergies Joint Venture (JV) has achieved zero routine gas flare in all its assets. This feat was announced on Thursday during an inspection of the Oil Mining Lease (OML) 100 in South-eastern Niger Delta, off Port Harcourt, by a joint NNPC Ltd.Continue Reading
By Dorcas Jonah The Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has expressed the Federal Government’s determination to tackle oil theft and vandalism in the Niger Delta region. Lokpobiri said this when the Interim Administrator of the Presidential Amnesty Programme (PAP), retired Maj.-Gen. Barry Ndiomu, led hisContinue Reading
Oil theft: Lawmaker urges FG to renew expand Tantita security contractContinue Reading
By Emmanuella Anokam The Nigerian National Petroleum Company Limited (NNPC Ltd.) and Central Bank of Nigeria (CBN) have reviewed the NNPC Ltd.’s decision to domicile a significant portion of its revenues and other banking services with the CBN. The review was held during a meeting between the Group Chief ExecutiveContinue Reading
