Following the stay-at-home directive issued by governors in the four states of its operations, as a result of Covik 19 pandemic, the Port Harcourt Electricity Distribution Company, PHED has assured customers of power supply during the period. Managing Director and Chief Executive Officer of PHED, Dr. Henry Ajagbawa, assured that power supply received from the…
Traders have chartered at least five supertankers in the past day with options to store oil at sea as global stocks mount after the United States ditched plans to purchase oil for its emergency reserve, shipping sources said on Friday. Shipping sources said the vessels – each of which can carry a maximum of 2…
The U.S. Environmental Protection Agency on Friday unveiled a raft of measures that agency chief Andrew Wheeler said are designed to help oil refineries cope with fallout from the coronavirus, including waiving anti-smog requirements for gasoline and extending the deadline for small facilities to show compliance with the nation’s biofuel law. The outbreak has touched…
The Nigerian National Petroleum Corporation (NNPC), International Oil Companies (IOCs) operating in Nigeria and independent oil companies in the upstream and downstream sectors, said yesterday that they were contributing about N11 billion in an effort to push back the COVID-19 pandemic in the country. The oil firms said the donation would be made to the…
Chairman and Vice-Chairman of Famfa Oil Limited, Modupe and Folorunsho Alakija have donated N1bn to help the Federal Government tackle COVID-19 in the country. Chairman and Vice-Chairman of Famfa Oil Limited, Modupe and Folorunsho Alakija have donated N1billion to support the fight against COVID-19 in Nigeria. According to them, the donation symbolises their resilience, character…
Nigerian National petroleum Corporation (NNPC) has urged Nigerians not to engage in panic buying of Premium Motor Spirit (PMS), as the country has adequate stock of the products to last for over 60-days. Mr Mele Kyari, Group Managing Director of the corporation, gave the assurance while briefing newsmen on Sunday in Abuja. Kyari assured that…
-Volunteers, 6 Vessels, 4 Ambulances, Medical Consumables, Personels – It’s our collective battle – Jamoh In the face of huge global demand, the management of the Nigerian Maritime Administration and Safety Agency NIMASA has donated 20 ventilators to fight the COVID 19 pandemic in Nigeria. The Agency’s Director General Dr. Bashir Jamoh who made this…
Amid the current oil price crash, Africa Oil Week (AOW) remains the trusted platform for driving growth in the African upstream, as evidenced by continental governments’ sustained support for the summit. AOW is pleased to announce the attendance of 16 ministers and top government officials to its next edition, scheduled to take place as planned…
Eko Electricity Distribution Company (EKEDC) has assured customers of stable power supply as the some civil servants among others work from home as part of efforts to manage and contain the spread of COVID-19 The DisCo gave the assurance in a statement signed by its General Manager, Corporate Communications, Mr Godwin Idemudia, on Tuesday in…
The Department of Petroleum Resources (DPR) has told consumers of the Petroleum Motor Spirit (PMS) in Rivers State and other neighbouring states not to expect the scarcity of the product despite the outbreak of the Coronavirus pandemic. The department said the zone currently had 107m litres of PMS in eight of its depots in Port…
