Oil prices have plummeted by more than 30 percent since the start of the year but for producers the worst may be yet to come, warn experts, as the coronavirus epidemic weighs heavily on demand. The OPEC cartel of oil-producing countries and its allies failed to reach a deal on production cuts Friday, after Moscow…
One of the big promises made by President Muhammadu in his campaign for Nigeria’s presidency is the Ajaokuta-Abuja-Kaduna-Kano (AKK) gas pipeline project. The project entails the “engineering, procurement, construction and commissioning” of 614-kilometers gas pipeline and stations, traversing the states of Kogi, Niger, FCT, Kaduna and Kano. It is to transport dry gas from the…
The Standards Organisation of Nigeria (SON) has advised Nigerians against using 12.5 cylinder as camp gas, describing the practice as highly dangerous. The Coordinator of the organisation in Plateau, Mr Musa George, gave the advice during in Jos on Sunday. George said the act of mounting burners on cylinders as big as 12.5 kg was…
The oil marketers under the umbrella of Major Marketers Association of Nigeria (MOMAN) at the weekend reiterated its continued partnership with the Nigerian National Petroleum Corporation (NNPC) to ensure seamless supply of petroleum products across the country. Its Chairman, Mr Tunji Oyebanji gave the assurance in Lagos at the weekend while briefing the press on…
In a move by the Nigerian National Petroleum Corporation’s (NNPC) management to ensure that the corporation delivers on its core mandates, many top management officers of the corporation are to be moved to new positions while some will be promoted in a major shake-up that will take effect this week. THE WHISTLER can exclusively report…
The Nigeria Communications Commission (NCC) on Thursday, assured telecommunications consumers of better services to improve their businesses. The Director, Consumer Affairs Bureau of NCC, Alhaji Ismail Adedigba, said this at the ongoing 41st Kaduna International Trade Fair. The theme of this year’s fair is: ‘Unlocking Nigeria’s Economic Potentials through Regional Integration.” The director said that, …
OPEC on Thursday agreed to cut oil output by an extra 1.5 million barrels per day (bpd) in the second quarter of 2020 to support prices that have been hit by the coronavirus outbreak. Organisation of the Petroleum Exporting Countries (OPEC) also made its action conditional on Russia and others joining in. The oil demand…
The Organisation of the Petroleum Exporting Countries (OPEC) and allied oil producers (AOP) on Thursday set to meet in Vienna to coordinate their production policies as global energy demand is expected to fall. On Thursday, oil ministers from the 14 OPEC countries are gathering at the cartel’s headquarters to discuss possible output reductions. On Friday,…
The Ajaokuta-Kaduna-Kano (AKK) gas pipeline project will provide the needed energy to revive the moribund textile and other industries in northern part of the country, says the Nigerian National Petroleum Corporation (NNPC). The NNPC Group Managing Director, Malam Mele Kyari, stated this in Kaduna on Thursday, at the ongoing 41st Kaduna International Trade Fair, organised…
Lagos, Nigeria – Oando PLC (referred to as “Oando” or the “Group”), Nigeria’s leading indigenous energy group listed on both the Nigeria and Johannesburg Stock Exchange, is pleased to inform the public that on Tuesday, January 21, 2020, it became the first African Oil and Gas Company to receive the prestigious ISO 27001 Certification from…
