News

Walter Onnoghen, the suspended Chief Justice of Nigeria, has resigned as CJN starting with immediate effect. The suspended CJN was said to have tendered his letter of resignation to President Muhammadu Buhari on Thursday evening. …
Read More...

Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has denied knowledge of reports that oil giant, ExxonMobil, “is set to leave Nigeria.” The minister spoke with correspondents yesterday during the opening of 2019 Nigeria Oil…
Read More...

The Group General Manager, Public Affair Division, NNPC, Ndu Ughamadu was quoted by The Cable to have confirmed that the recruitment advertisement on its portal was genuine. He said, “The portal was opened today and I have received…
Read More...

The Executive Board of the International Monetary Fund (IMF) has concluded its Article IV consultation with Nigeria and called for the removal of fuel subsidy. According to a statement by the fund, this afternoon, in place of fuel…
Read More...

The non passage of the Petroleum Industry Bill (PIB) has been identified as the sole reason delaying the review of the Production Sharing Contracts (PSCs) with oil companies, Managing partner, J.O Adidi and Co., John Adidi, has said. …
Read More...

Seplat Petroleum Development Company Plc, has urged the public and private sectors to invest more in research and development aimed at promoting safety. The oil company noted that such investments should cut across the various sectors…
Read More...

Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has assured the Federal Government that oil workers may not embark on another round of industrial action if the plans by the Nigerian National Petroleum Corporation…
Read More...

Troops of the Joint Task Force in the Niger Delta code-named Operation Delta Safe (OPDS) have carried out a joint operation in Bayelsa State, seizing a tugboat named ‘Aya Oba Olori II’ and a barge, ‘Rampage 13’, loaded with over 200,000…
Read More...

Oil producing communities in the Niger Delta region Thursday lamented the refusal of Shell Petroleum Development Company (SPDC) to comply with the resolution of the Senate to pay them the sum of N6.9 billion. The Senate resolution was…
Read More...

The Nigerian National Petroleum Corporation (NNPC) has expressed its commitment to a zero gas flare regime for every new gas project, even as it trains its sights on commercializing existing gas flare projects for the benefits of the…
Read More...