Members of Aghoro 1 community, Ekeremor Local Government Area in Bayelsa State on Friday, November 29, 2019 expressed dissatisfaction over the compensation that Shell Petroleum Development Company of Nigeria (SPDC) offered to pay for an oil spill that occurred on May 17, 2018. They alleged that the oil firm arbitrarily determined the compensation for the incident despite…
******* To add value to crude oil refining in Africa Dangote refinery has taken delivery of the world largest crude distillation column equipment with capacity of refining 650,000 crude oil. Capt Rajen Sachar, Head, Maritime and Ports Infrastructure of Dangote told the newsmen during the arrival of the facility in Lagos that the equipment is…
Members of Aghoro 1 community, Ekeremor Local Government Area in Bayelsa on Friday expressed dissatisfaction over the compensation that Shell Petroleum Development Company of Nigeria (SPDC) offered to pay for an oil spill that occurred on May 17, 2018. They alleged that the oil firm arbitrarily determined the compensation for the incident in spite of…
The Lagos State Government has called for caution in the storage and use of gas for domestic and commercial purposes. Dr Dolapo Fasawe, the General-Manager of the Lagos State Environmental Protection Agency (LASEPA) in a statement on Friday advised residents to immediatelyb evacuate from any area, where suspected air pollution from any gaseous substances was…
The Lagos Emergency Management Agency (LASEMA) says a tanker loaded with 33,000 litres of petrol with registration number KJA-900XR, on Saturday burnt fire on the Otedola Bridge. The Public Affairs Officer of LASEMA, Mr Nusa Okunbor, made the disclosure in a statement in Lagos. According to him, an investigation revealed that the tanker experienced burst…
The 5th Summit of Heads of State and Government of the Gas Exporting Countries Forum Member Countries was convened in Malabo, Equatorial Guinea on November 29, 2019, under the patronage of HE Teodoro Obiang Nguema Mbasogo, President of Equatorial Guinea. The Meeting was attended by President of Nigeria Muhammadu Buhari. Iranian delegation was headed by…
Stakeholders at the just concluded 12th edition of e-Nigeria conference, exhibitions and award has identified development of infrastructure as key requirement to building a Nigerian digital economy. They stated this in their communique at the end of the conference, presented by Malam Ayuba Shuaibu, the Acting Executive Secretary of Service Provision Fund( USPF) in Abuja….
President Muhammadu Buhari has said that the Federal Government would soon commence the construction of the 600-kilometre Ajaokuta-Kaduna-Kano gas pipeline which would move gas from the Southern part of the country to the North. Malam Garba Shehu, the President’s spokesman in a statement in Abuja, said the Nigerian leader disclosed this while addressing the 5th…
Oil prices were mixed on Friday in quiet trade, with the U.S. Thanksgiving holiday limiting activity, while investors awaited a meeting of OPEC and its allies next week that may result in extension of an output cut agreement to support the market. Brent crude futures LCOc1 were down eight cents, or 0.1 per cent, at…
Oil prices fell for a second day on Thursday after official data showed U.S. crude and gasoline stocks rose and President Donald Trump signed into law a bill backing protesters in Hong Kong, fuelling tensions with China. Brent crude was down 19 cents, or 0.3 per cent, at 63.87 dollars a barrel by 0854 GMT,…
