The MTN, Nigeria Plc, a multi-national telecom provider, says it has transformed 510 communities in about 454 local government areas in the country. Mr Innocent Entonu, General Manager, Regional Operations (East), said this at a dinner for nominators of “What can we do together’’, organised by MTN Nigeria Plc and the MTN Nigeria Foundation. Entonu,…
Just like any other family in today’s world, the internet has now become a necessity to keep in touch with the ever changing world we live in. From news, entertainment, school work and even sports internet, quality internet at that, is highly sought after. With so many internet providers in Nigeria, they have their positives…
In a renewed effort to boost power generation in the country, Chevron Nigeria Limited has signed Gas Sale and Aggregation Agreement (GSAA) deal with Olorunsogo Generation Company Limited (OGCL), Niger Delta Power Holding Company Limited (NDPHC) and Gas Aggregation Company Nigeria Limited (GACN). With the agreement, CNL will supply an uninterrupted natural gas to Olorunsogo…
The Nigeria Government has expressed sadness over the high level of underdevelopment in OML 25 host communities of Offoin-Ama, Belema and Ngeje, despite producing 45,000 bpd and over 50 million scf per day of gas for over 40-years. To this end, the Federal Government has offered an open apology to the members of OML 25…
In curbing petroleum product diversion and effective distribution PMS,the Minister of State, Petroleum Resources, Chief Timipre Sylva has formerly launched the `Operation White’ project geared towards ensuring transparency and accountability of petroleum product supply and distribution in Nigeria. Slyia, represented by the Executive Secretary of Petroleum Equalization Fund (PEF), Mr Ahmed Boboi, said in Lagos…
The Federal Government has unveiled the Automated Downstream Operations and Financial Monitoring Centre (DOFMC) to deepen transparency in the oil and gas sector. The Minister of state for Petroleum Resources, Chief Timipre Slvya, disclosed in a statement by the acting spokesman for the Nigerian National Petroleum Corporation Mr Samson Makoji, in Abuja on Friday He…
China says it will promote the transformation/upgrading of energy production, consumption, and safeguard energy security in a bid to improve people’s livelihood, according to a meeting presided over by Premier Li Keqiang. Keqiang, also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC), on Friday said guaranteeing…
South Sudan on Friday said it would commence replacement of old oil pipelines after it lost about 2,000 barrels of oil in the recent oil spill in the Panakuc area of northern Ruweng state. Daniel Chuang, Minister of Petroleum, said the government aims to start the renovation of the aging pipelines in a bid to…
Oil prices climbed early on Friday, building on gains in the previous session, after producer club OPEC hinted at making deeper cuts in supply while optimism was revived over talks between the U. S. and China to end their trade war. International benchmark Brent crude futures LCOc1 were at 59.26 dollars a barrel by 0251…
President Muhammadu Buhari says he felt touched and sad to know that OML-25 Host Communities are pleading to have primary schools in 2019 after 40 years of oil exploration. Buhari expressed his displeasure during the official reopening of the OML-25 Flow Station in Belema, Akuku-Toru Local Government Area (LGA) of Rivers on Thursday. Represented by…