President of Nigerian Association of Petroleum Explorationists (NAPE), Engr. Alex Tarka, has disclosed that there is significant oil exploration going on in the nation’s Benue trough despite the effect of COVID-19 on the nation’s economy. He also said the exploration is being executed by the Nigerian National Petroleum Corporation (NNPC) and attracting the attention of…
In continuation of their social corporate responsibility programme targeted at empowering vulnerable women and youths across the country, NNPC, Total and partners have officially handed over a women and youth development Centre in Umuahia, to Abia State government. The state-of-the-art facility consists of four fully equipped halls for the training of fashion designing and…
Total E&P Nigeria Ltd. Appoints Victor Bandele as Deputy Managing Director (Deepwater) The Board of Total E&P Nigeria Ltd has approved the appointment of Mr. Victor Bandele as the Deputy Managing Director in charge of the company’s Deepwater District. Before his current position, Bandele was the Executive Director in charge of the company’s Port Harcourt/JV…
By Mordi Chukwunonso Esther The Lagos Chamber of Commerce and Industry (LCCI) says its Communication, Technology and Telecommunications (ICTEL) Expo, a veritable platform for operators and regulator will be held virtually in line with COVID-19 protocols. Dr Muda Yusuf, the Director-General LCCI, made this known in a statement to newsmen on Friday in Lagos.Yusuf said…
By Mordi Chukwunonso Esther The rural Electrification Agency (REA) has dismissed allegations of corruption directed at four top officials of the agency. In a statement by the agency’s Director of Promotions, information and Outreach, Ayang Ogbue, he said that the Managing Director and three directors of the agency who appeared before the ICPC on September…
Daniel Terungwa Managing Director, Nigerian Ports Authority, Ms Hadiza Bala Usman has, for the second time, been elected Vice-Chair of the International Maritime Organization (IMO) Facilitation (FAL) Committee. The latest election took place during the closing of the 44th Session of the Facilitation Committee (FAL 44), which held virtually between September 28 and October 2,…
Daniel Terungwa Oil prices have dropped due to increasing supplies from other countries in response to the impact of unplanned supply outages in Nigeria and Canada. According to reports from Reuters, International Brent crude futures were 23 cents down and traded at $49.05 a barrel, while the US West Texas Intermediate crude futures plunged 16…
Terungwa Daniel The Oyo state government has signed a memorandum of understanding (MoU) with Shell Nigeria Gas for the laying of gas pipelines in the state in order to improve energy and power supply. Governor Seyi Makinde and Shell Managing Director, Ed Ubong, signed the MoU at the executive council chamber of the governor’s office…
Lagos, October 2, 2020: Chevron Nigeria Limited (“CNL”), operator of the joint venture between the Nigerian National Petroleum Corporation (NNPC) and CNL (the “NNPC/CNL JV”) together with its affiliates, confirms that it is reviewing its manpower requirements in the light of the changing business environment, while continuing to evaluate opportunities to improve capital efficiency and reduce operating costs….
By Mordi Chukwunonso Esther Following the suspension of the recent electricity tariff hike by the Federal Government, electricity consumers lamented the delay in the reversal of the electricity tariff to the old rates by the distribution companies on Wednesday. In a meeting with the Nigeria Labour Congress and the trade union congress on Sunday night…
