Crude oil trims losses as Saudi minister says OPEC+ may cut production
SlavkoSereda/iStock via Getty Images
Crude oil prices pared earlier losses on Monday after Saudi Oil Minister Prince Abdulaziz bin Salman said futures prices do not reflect underlying fundamentals of supply and demand, which may require!-->!-->!-->…
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There’s Nothing Wrong With Nigeria’s Refineries Only If Govt Wants Them To Work –…
Oil theft in Nigeria has been a major canckerworm that has eaten deep into the fabrics of the country's source of revenue and the more the government tries to deal with the situation, the worse it becomes.
This was the subject of!-->!-->!-->!-->!-->…
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NCDMB Confirmed As Platinum Sponsor Of African Energy Week 2022
The African Energy Chamber (AEC) is proud to announce that the Nigerian Content Development and Monitoring Board (NCDMB) will participate as a platinum sponsor at this year’s edition of the African Energy Week (AEW) conference and!-->!-->!-->…
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Equatorial Guinea Detains Oil supertanker attempting to load Nigeria without proper paperwork
Equatorial Guinea has detained an oil tanker capable of carrying 2 million barrels after it attempted to load in Nigeria without proper paperwork, both countries said this week.
The Nigerian navy said in a statement that the Heroic!-->!-->!-->!-->!-->…
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NCDMB Donates Vocational Centre to University of Ibadan, Harps on Technical Education
The Nigerian Content Development and Monitoring Board (NCDMB) on Friday handed over the University of Ibadan Vocational School which it constructed in line with its capacity-building mandate and the Nigerian Content 10-year strategic!-->!-->!-->…
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Practical Nigerian Content Holds in Bayelsa
The Practical Nigerian Content 2022 holds on 5-8 December 2022, at NCDMB Headquarters, Yenagoa Bayelsa. This year the event will bring stakeholders to discuss Nigerian content opportunities in gas sector and how to deepen Nigerian!-->!-->!-->…
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SEPLAT JV Empowers 300 Teachers at its 3rd Edition of STEP
L-R: Grace Amadi, General Manager Sustainability, Seplat Energy; Clementina Ojuma, Director of Schools Department, Delta State Ministry of Education; Joan Osa Oviawe, Edo State Commissioner for Education; Joseph Ofili, Business!-->!-->!-->…
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Oil Marketer Laments FX Scarcity, Inadequate Delivery Ships On Product Marketing
Downstream oil and gas operator, Eterna Plc has lamented the effect of the intractable scarcity of foreign exchange (FX) and the inadequate number of delivery ships technically known as 'Mother vessels', bringing imported petroleum!-->!-->!-->…
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IGP Orders Water-Tight Security Around Schools, Hospitals, Others
...Directs Constant Visibility Policing Across Board
The Inspector-General of Police, IGP Usman Alkali Baba, psc(+), NPM, fdc, has ordered the deployment of water-tight security arrangements to cover all schools, hospitals, health!-->!-->!-->!-->!-->…
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NLNG Signs GMoU With 6 Communities
The Nigeria Liquefied Natural Gas (NLNG) Limited has launched a Global Memoranda of Understanding (GMoU) involving six new cluster communities in Rivers State. They are Abua, Egi, Ekpeye, Kalabari, Ogba and Okrika.
Chairman, House!-->!-->!-->!-->!-->…
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