Mordi chukwunonso Esther The Buoye Omuso Brown Major House in Bonny Island has denied any knowledge of a letter purportedly written by one Samuel Brown, convener of Finima Renaissance. The letter was allegedly written to the Nigerian Liquefied Natural Gas (NLNG) Limited, accusing it of failing the Finima people. In a report by the cable news…
Mordi chukwunonso Esther President Muhammadu Buhari will virtually inaugurate the National Oil and Gas Excellence Centre, NOGEC, Lagos on January 21 as part of effort to boost the operations of the nation’s petroleum sector. This was disclosed by The Head, Public Affairs, Department of Petroleum Resources, DPR, Paul Osu, in a statement issued on Monday…
Mordi chukwunonso Esther The Shell Petroleum Development Company of Nigeria Limited (SPDC), has completed the sale of its 30% interest in Oil Mining Lease (OML) 17 in the Eastern Niger Delta, and associated infrastructure, to TNOG Oil and Gas Limited, a related company of Heirs Holdings Limited and Transnational Corporation of Nigeria Plc (Transcorp), for a…
Mordi chukwunonso Esther The share of dividend remitted to the Federal Government by the Nigeria Liquefied Natural Gas company between January and December 2020 exceeded the projected target in the 2020 revised budget of the government by N63.62bn. In a report by Punch news, A document obtained from the Federal Ministry of Finance, Budget and…
Mordi chukwunonso Esther The Senate Public Account Committee has described as unacceptable the payment of N98.4m by the Petroleum Resources Ministry for the printing of leaflets. According to the 2015 Auditor-General for the Federation’s report, the flyers was meant to create awareness campaign for the Petroleum Industrial Bill. The report, currently being scrutinised by the…
As part of it commitment towards rewarding excellence and hardwork in its organization, the Enugu Electricity Distribution PLC (EEDC) has promoted 521 of its staff that performed exceptionally well in their respective areas. A statement from the organisation signed by the Head, Corporate Communications, EEDC, Emeka Ezeh said that the move demonstrated the DisCos’s belief…
… Increases export oil receipt by 16.28% By Ikenna Omeje The Nigerian National Petroleum Corporation (NNPC) has said it recorded 21 pipeline points vandalism in September, representing about 43 percent decrease from the 37 points recorded in August 2020. According to the national oil company, of this figure, Mosimi Area accounted for 90 percent of the…
Leading domestic gas distribution company, Shell Nigeria Gas (SNG), has signed a 20-year agreement for the domestic distribution of gas to industrial customers and manufacturing plants in Lagos and Ogun States. In the new deal with the Nigerian Gas Marketing Corporation (NGMC), SNG will also extend its distribution network to Badagry to serve a new…
Buoyed up by the culture of Transparency, Accountability and Performance Excellence (TAPE) of the current NNPC management, no fewer than (96) prominent and reputable companies from various jurisdictions have indicated interest in undertaking the rehabilitation of the Nigerian National Petroleum Corporation’s (NNPC) downstream infrastructure ranging from critical pipelines to depots and terminals through the Build,…
The Ibadan Electricity Distribution Company (IBEDC), has kicked off the distribution of 104,000 free meters under the Federal Government National Metering Scheme. A total of one million meters are reportedly being rolled out in the first batch of the mass metering of customers across the country. According to The Punch, the Head, Customers Support of…