Oil & Gas

P/H Refinery Rehabilitation: Contractors To Begin

Thursday, May 6, 2021
The Nigerian National Petroleum Corporation has announced the readiness of contractors to commence full mobilization to site for the rehabilitation of the Port Harcourt Refinery. Recall, the Federal Executive Council had approved $1.5bn (approximately N575bn) for the rehabilitation of the refiner ...

In Historic Move, Nnpc, Technimont Seal Pact As Ph Refinery Rehabilitation Begin

Tuesday, April 6, 2021
The long-awaited rehabilitation of Port Harcourt Refining Company Limited is set to commence in April, following the sign-off of contract agreement between the Nigerian National Petroleum Corporation and Tecnimont SpA of Italy, a globally reputable Engineering, Procurement Construction Company, at ...

President Buhari, This Could Have Been Your Son Victimized by Danladi Umar

Friday, April 2, 2021
President Muhammadu Buhari end the silence, speak to us about the grisly video of his beating by your Conduct Tribunal Chairman, Danlandi Umar and his uttering about the 39;Biafran Boys. 39; Mr. President, this young man deserves to hear from you. He was filmed while being brutalized by Umar w ...

Oil prices fall on demand worries

Saturday, March 27, 2021
Oil prices fell over one per cent on Thursday amid persistent demand worries as Europe faces a surge of Coronavirus infections and a slow vaccination roll out. Brent crude for May settlement fell by 86 cents, or 1.3 per cent, to 63.55 dollars per barrel, after having jumped as much as 6 per cent ...

Shell MD calls for multilateral approach in oil sector

Friday, March 19, 2021
Mr Osagie Okunbor, Managing Director of Shell Petroleum Development Company (SPDC) of Nigeria, has called for a multilateral approach towards efficient oil and gas sector in Nigeria. Okunbor made the call on Thursday in Abuja, at the ldquo;Society of Petroleum Engineers, Oloibiri Lecture Series ...

Italian court acquits Eni, Shell in $1.3b OPL 245 Malabu bribe trial

Thursday, March 18, 2021
After nearly three years of legal fireworks following the first trial, a Milan, Italy court on Wednesday acquitted Eni and Shell over a $1.3 billion Oil Prospecting License bribery allegation. This was even as Royal Dutch Shell said it will continue to defend charges against it in relation to OPL ...

Independent Petroleum Marketers Association of Nigeria (IPMAN) advises FG to de

Tuesday, March 16, 2021
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has advised the Federal Government to deregulate the oil and gas sector, to stabilise the prices of petroleum products in the country. IPMAN rsquo;s National Secretary, Alhaji Danladi Pasali, gave the advice in an interview on Fri ...

DPR postpones launch of Downstream Monitoring Remote Systems

Thursday, November 26, 2020
The Department of Petroleum Resources (DPR) has postponed the launch of its Downstream Remote Monitoring Systems (DRMS) which was originally scheduled to take place in Abuja on 1st December 2020 due to circumstances beyond its control. A new date for the launch will be announced soon, according t ...

Ngc Seeks Collaboration Of Communities In The Fight AgainstĀ  Gas Pipeline Encroa

Sunday, November 22, 2020
The Nigerian Gas Company (NGC), has called on communities along the pipeline right of ways to collaborate with the company to prevent gas pipeline vandalization and encroachment in their various communities. The company also warned on the danger inherent in pipeline vandalism, as it kicked-off se ...

Independent Petroleum Marketers Association of Nigeria (IPMAN ) Instruct Members

Friday, November 13, 2020
Petrol price jumped to N170 today, from N160-162 per litre, going by the instruction of the Independent Petroleum Marketers Association of Nigeria (IPMAN ) to retailers. IPMAN today directed marketers to sell the Premium Motor Spirit (PMS for N170 per litre, following PPMC rsquo;s increase of ex- ...
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