Oil price hits $74.68/b on demand recovery
Oil prices continued its rising trend as it further inched up yesterday with Brent gaining for a fifth consecutive session, as falling stockpiles and a recovery in demand encouraged investors.
Brent crude was up 69 cents, or 0.9 per!-->!-->!-->…
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NUPENG, PENGASSAN threaten strike over sacked Chevron contract workers
• We have no contract with dismissed workers, says firm
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) have threatened to shut down the!-->!-->!-->…
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Italy orders probe of ENI, Shell’s prosecutors for allegedly hiding evidence in OPL 245 case
The Italian Ministry of Justice yesterday ordered an inquiry into the conduct of two prosecutors in a corruption case over Eni and Shell’s acquisition of oil prospecting licence (OPL) 245 in Nigeria.
The ministry accuses the prosecutors!-->!-->!-->…
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NDPHC, Ministry Partner On Hydropower Projects
The Managing Director/CEO of the Niger Delta Power Holding Company (NDPHC), Mr. Chiedu Ugbo, has announced partnership with the federal Ministry of Water Resources to develop small and medium hydropower projects.
He stated this when he!-->!-->!-->…
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AITEO CUP 2021: Naija Ratels, Lobi Stars To Represent Benue State
Nigeria Women Football League (NWFL) Championship side, Naija Ratels and Lobi Stars FC have emerged as representatives of Benue State for the upcoming Federation Cup also known as the AITEO Cup.
This was made known through a letter!-->!-->!-->…
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PHOTOSPEAK: Valuechain Foundation’s Donation to BDTH
To mark this year's World Sickle Cell day in Kaduna, founder, Valuechain Sickle Cell Foundation and publisher of the Valuechain Oil and Gas Magazine, Alhaji Musa Bashir Usman, today, socialised with sickle cell patients, shortly after the!-->…
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Valuechain Foundation donates drugs, ITNs to BDTH for sickle cell patients
By Our Special Correspondent
As part of activities marking this year's World Sickle Cell Day, Valuechain Sickle Cell Foundation, has donated drugs and insecticide treated nets (ITNs) to Barau Dikko Teaching Hospital,!-->!-->!-->…
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Buhari charges IOCs on gas exploitation as Train 7 commences
President Muhammadu Buhari, has charged the International Oil Companies (IOCs) to execute more gas projects in the nation to harness the over 600 trillion cubic feet of proven gas reserves in the country.
The guardian reports that the!-->!-->!-->…
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NDPHC Seeks FG’s Support on Hydro Projects
By Teddy Nwanunobi
The Niger Delta Power Holding Company (NDPHC) Ltd. has approached the Ministry of Water Resources in Abuja, seeking the Ministry’s support in the company’s effort to develop small and medium hydro projects in the!-->!-->!-->…
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Shell records 51 operational oil leaks
Oil major, Shell Petroleum Development Company of Nigeria (SPDC), has said it has so far reported 51 leaks from its oil production activities in the Niger Delta in 2021.
The company made the disclosure, according to data obtained from!-->!-->!-->…
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