Oil workers under the aegis of the Petroleum and Natural Gas Senior Staff Association of Nigeria have lent their voices in support of the calls for the sacking of service chiefs amidst rising insecurity in the country. The senior oil workers’ union said in a statement on Monday that the service chiefs had overstayed their…
The Nigeria Union of Petroleum and Natural Gas (NUPENG) in Lagos on Monday picketed the office of General Electric (GE) over non settlement of benefits of its ex-staff, four years after they were relived of their duties. The union, in solidarity with the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), blocked the…
**** Distinguished achievement awards event to honor industry’s best as well as raise funds for a worthy cause. Plans for the Offshore Technology Conference (OTC) are well underway, and conference leadership is kicking off its activities with exciting news. The OTC Executive Advisory Board has selected United Against Human Trafficking (UAHT) as the 2020 beneficiary…
There was palpable excitement in Aruakpor-Umah Community, in Uvwie Local Government Area of Delta State, on Friday, January 31, 2020 as the NNPC/Chevron Joint Venture, in collaboration with the Delta State Government, commissioned a six-classroom block for the use of pupils of Abe 1 primary school in the community. The six-classroom block, with eight (8)…
A Development Economist, Prof Uche Nwogwugwu of the Nnamdi Azikiwe University, Awka has attributed the crisis in the Nigerian electricity sector to poor generation and energy loss in the course of transmission. Nwogwugwu said this in Awka on Sunday, that though energy no matter the source was not cheap, the high cost of electricity in…
At least seven persons were injured and property worth millions of naira were destroyed on Sunday after a cooking gas cylinder exploded and kindled a fire at No. 23, Emmanuel Church road, Inland Town Onitsha. The incident which occurred at about 10:30a.m., destroyed two rooms in a flat attached to a one-storey building belonging to…
The Department of Petroleum Resources (DPR), Osogbo field office said it had sealed 29 Liquefied Petroleum Gas (LPG) facilities for allegedly operating without valid licences in the state. Mr Olusegun Daboh, DPR’s Head of Operations, said this on Sunday in Osogbo, that the illegal gas stations were sealed in Ile-Ife, Ikire, Ejigbo, Iwo, Ila-Orangun, Ede, Gbongan…
As is tradition with the Nigeria International Petroleum Summit (NIPS), top African Energy Ministers will storm the International Conference Centre, Abuja from February 9th – 12th, 2020 for the third edition of the summit. The theme “Widening the integration circle: technology, knowledge, sustainability, partnership,” is quite apt considering the presence of the African Ministers at…
Equatorial Guinea is positioning itself as a hub for gas in the Gulf of Guinea and hopes to developing the first successful cross-border gas venture on the continent. Gas is a key priority for Equatorial Guinea and its neighbors. While Cameroon brought on stream Africa’s first Floating LNG project in 2018, Nigeria has declared 2020…
Oil prices on Thursday fell on concerns over the potential economic impact of the coronavirus that continues to spread worldwide, while the market also considered the possibility of an early OPEC meeting. Brent crude LCOc1 was down 90 cents, or 1.50 per cent, at $58.91 per cent a barrel by 1447 GMT, having risen 0.5…