OPEC: Saudi Arabia Continues to Play Key Role – Barkindo
“...Today, we join together, in spirit, with Saudis across the Kingdom – from Riyadh to Jeddah, from Makkah to Madinah as families, dear friends and loved ones gather to celebrate the magnificent cultural heritage and rich history of!-->!-->!-->…
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Ex-NNPC GMD, Yakubu, denies money recovered in his Kaduna residence was from Bola Shagaya, Omokore
Mr Andrew Yakubu, former Group Managing Director (GMD), Nigerian National Petroleum Corporation (NNPC), has denied that part of the recovered money in his Kaduna residence was given to him by a businesswoman, Hajiya Bola Shagaya.
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Two Suspected Oil Dealers Arrested With 6000 Ltrs Of Oil On Their Way To Bakassi
...Suspects: Godtime Edet Bassey (50yrs) and Edet Asuquo (43yrs)
The Economic and Financial Crimes Commission (EFCC) on Wednesday said its Uyo zonal command on Tuesday took custody of two suspected illegal petroleum products!-->!-->!-->!-->!-->…
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Fujairah Ruler, Sharqi Receives Sylva, Barkindo
By Teddy Nwanunobi
The Supreme Council Member and Ruler of Fujairah, His Highness Sheikh Hamad bin Mohammed Al Sharqi, on Wednesday, received the duo of the Minister of State for Petroleum, Chief Timipre Sylva, and the Secretary!-->!-->!-->!-->!-->…
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Energy Transition: Global Conversation is “Misrepresented, Distorted” – Barkindo
By Teddy Nwanunobi
The Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), HE Mohammad Sanusi Barkindo, has noted that the global transition to clean energy is crucial.
Barkindo, however, pointed out!-->!-->!-->!-->!-->!-->!-->…
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Nigeria scraps DPR, PPPRA, Names new Oil regulators, Management, Boards
Also, as a fallout of the PIA implementation, the President has approved the appointment of Mr. Sarki Auwalu as the Chief Executive Officer for the Nigerian Midstream and Downstream Petroleum Regulatory Authority
The two agencies in!-->!-->!-->!-->!-->…
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Sasol triples 2030 decarbonisation target, makes net-zero by 2050 pledge
Chemicals and energy group Sasol has announced a material acceleration of its decarbonisation plans, confirming that it will reduce greenhouse gas (GHG) emissions by 30% by 2030 rather than by the much-criticised 10% level to which it!-->!-->!-->…
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Barkindo Commiserates with Algeria over Bouteflika
By Teddy Nwanunobi
The Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), HE Mohammad Sanusi Barkindo, has extended his condolences to the Algeria’s Minister of Energy and Mines, HE Mohamed Arkab, on the!-->!-->!-->!-->!-->…
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Oil: FG Requests Higher Production Quota
· Insists no more crisis
By Teddy Nwanunobi
Despite struggling to meet its production quota recently, the Federal Government, on Tuesday, at the ongoing three-day Gastech 2021 conference, which began at the World Trade Centre!-->!-->!-->!-->!-->!-->!-->…
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Auto Africa Urged to Develop Hydrocarbon Social Investment Plan
"In places like Nigeria and Angola, the sector contributes 70 per cent of the overall forex inflow and 60 per cent of government tax revenues"
By Teddy Nwanunobi
African oil and gas producing countries have been urged to develop!-->!-->!-->!-->!-->!-->!-->…
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