By Yunus Yusuf The Major Oil Marketers Association of Nigeria (MOMAN) has reiterated plans to collaborate with the Federal Fire Service and other relevant stakeholders to ensure safety of all petroleum facilities in the downstream. Mr Gabriel Orupke, Chairman, MOMAN’s Health, Safety Environment and Quality (HSEQ) committee,Continue Reading
By Emmanuella Anokam The Nigerian National Petroleum Company Limited (NNPC Ltd) has signed a Memorandum of Understanding (MoU) with the Nigerian Content Development and Monitoring Board (NCDMB) and International Oil Companies for optimal contracting cycle in the industry. The MoU will implement industry framework, focused on processes and timelines forContinue Reading
By Yusuf Yunus The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the country’s total annual upstream capital expenditure decreased from 27 billion dollars in 2014 to less than six billion dollars in 2022. The Chief Executive of NUPRC, Mr Gbenga Komolafe, revealed this on the sideline of the World PetroleumContinue Reading
By Kelechi Ogunleye The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it will sanction fuel stations operators who alters petroleum pumps. Mr Farouk Ahmed, NMDPRA Chief Executive, said this during an interactive session with commissioners of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) on Friday in Abuja.Continue Reading
By Emmanuella Anokam The Nigerian National Petroleum Company Limited (NNPC Ltd.) has signed up as a participant of the United Nations Global Compact, thereby becoming the first state-owned oil company to join the global initiative. Malam Mele Kyari, Group CEO of NNPC Ltd., signed the Letter of Commitment, at theContinue Reading
By Precious Akutamadu The Managing Director of the Niger Delta Development Commission (NDDC), Dr Samuel Ogbuku has said that the commission was working towards creating job opportunities for youths in the region. Ogbuku said this while addressing the Chairman of the Nigerian Young Professionals Forum (NYPF) and Convener of NigerContinue Reading
By Nefishetu Yakubu Seplat Energy on Wednesday trained over 350 teachers under its Seplat Teachers Empowerment Programme (STEP) to enable them acquire modern learning methods, in line with creative thinking for the development of education in Edo and Delta states. Speaking during the flag off of the STEP empowerment programmeContinue Reading
By Emmanuella Anokam The Natural Oil and Gas Suppliers’ Association of Nigeria (NOGASA) has raised alarm over the incessant increase in the price of Automotive Gas Oil (AGO) called diesel. The National President of NOGASA, Mr Benneth Korie, in a statement on Tuesday, said that the rapid increase in dieselContinue Reading
By Emmanuella Anokam The Nigerian National Petroleum Company Limited (NNPC Ltd.) says its Management Staff with less than 15 months to statutory retirement will be exiting the company effective Sept. 19, 2023. The company made this known on Tuesday on its official X handle formerly known as Twitter. According toContinue Reading
By Lucy Ogalue The Nigeria Extractive Industries Transparency Initiative (NEITI) said on Monday that the oil and gas industry generated over $23billion in 2021. The Executive Secretary of NEITI, Dr Orji Ogbonnaya Orji said this while presenting highlights on the 2021 Oil and Gas report unveiled in Abuja. According toContinue Reading
