Tag: Nigeria Oil and Gas
Buhari Urges OPEC Members To Unite And Help Stabilize Oil Prices
President Muhammadu Buhari in Doha, Qatar, has stressed the need for member states of OPEC and non members to unite and find a common...
Low Oil Price: Indigenous Oil Firms to Close Shop Next Year...
Indications have emerged that the decline in crude oil prices might force some indigenous oil and gas companies operating in Nigeria to close shop...
LADOL’S Partnership with Samsung Will Create 5,000 Jobs’ – Jadesimi
Positioned strategically at the entry-point to Lagos harbour, The Lagos Deep Offshore Logistics - LADOL provides a one-stop-shop for multinational industrial and oil and...
Navy uncovers illegal refinery at Macobar jetty in Port Harcourt
The Nigerian Navy says its personnel have uncovered an illegal oil bunkering site at a ship building yard in Macobar jetty in Port Harcourt...
Chevron reports $588m Q4 loss, $4.6bn 2015 earnings
US oil giant Chevron has reported a loss of $588 million for fourth quarter 2015, compared with earnings of $3.5 billion in the 2014...
Pipeline attack cuts Agip crude export by 16,000 barrels
The attack on pipelines allegedly carried out by Niger Delta militants has cut down the crude oil export of the Nigeria Agip Oil Company...
Oil swap: Reps caution Kachikwu
The House of Representatives has expressed reservation over the capacity of the present managers of the nation’s oil and gas industry to reposition the...
Oil producing states get N27.703bn as derivation
The oil-producing states of the country got N27.703 billion as Derivation Fund for December 2015, according to the Federation Accounts Allocation Committee, FAAC.
The Federation...
Direct-sale, direct-purchase to replace crude swap arrangement – Kachikwu
The Minister of State for Petroleum Resources and Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Ibe Kachikwu, has said that the crude-for-products...
Epic Refinery Signs Consulting Agreement to Build Refinery
Epic Refinery Group has signed agreement with Chiron Refineries to build a modular refinery at Okporoma, Bayelsa State
EPIC Refinery Group, a Nigerian firm, has...
Dwindling Oil Prices: Kachikwu Faults Saudi’s Market Share Policy
Nigeria’s Minister of State for Petroleum, Dr. Emmanuel Ibe Kachikwu, has faulted Saudi Arabia’s insistence to keep oil market share despite dwindling oil prices,...
NNPC Shuts Port Harcourt, Kaduna Refineries
THE Nigerian National Petroleum Corporation, NNPC, on Wednesday, January 20, announced the operational shutdown of the Port Harcourt and Kaduna Refineries owing to crude...
Kachikwu wants African oil producers to assert influence in OPEC decisions
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has called on member countries of the African Petroleum Producers Association, APPA, to close...
Chevron committed N16bn to GMoU in 10 years —Idowu
Chevron Nigeria Limited, CNL, has committed over N16 billion in its Global Memorandun of Understanding, GMoU in the past 10 year in its operational...
Energia: Taking Deeper Root In The Industry
For about 15 years, Energia Limited has continued to deepen its root in the Nigerian oil and gas industry. Incorporated in 2001 as an...
Shell Emerges Best CSR Innovation Company At 2015 SERA’s
Shell companies in Nigeria have emerged the best in Corporate Social Responsibility Innovation, and also the best in Sustainable
L-R: Vice President Human Resources of...
60 Ogoni Youths Graduate from Shell -Sponsored Training for Farmers
A total of 60 youths from Ogoniland on Tuesday graduated from a training programme on agricultural entrepreneurial programme organised by The Shell Petroleum Development Company of...
NNPC Posts N241bn Loss in 10 Months
The Nigerian National Petroleum Corporation, NNPC, yesterday announced a loss of N240.987 billion in its operations for 10 months, between January and October 2015....
At CHOGM, Buhari Tells IOCs, Foreign Shipping Lines to Stop Aiding...
President Muhammadu Buhari yesterday cautioned international oil companies and financial institutions as well as international shipping lines against helping and encouraging oil thieves to...
Nigerian Gov’t to privatise pipelines network — Kachikwu
Nigeria’s Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, says the Federal Government is set to privatise the petroleum products pipeline network in...
