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ExxonMobil on Saturday announced the appointment of Richard Laing as Chairman and Managing Director of its three affiliates in Nigeria. The Manager, Media and Communications, ExxonMobil, Ogechukwu Udeagha, confirmed this in a statement…
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The efforts of the government of Senator Hope Uzodinma to boost the economy of Imo State has received a huge boost following the move by the government to recover some oil wells wrongly ceded to Rivers State. Imo and her neighboring…
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The Nigerian National Petroleum Corporation (NNPC) has advised against a swift relocation of tank farms from their current locations along Ijegun, Kirikiri areas in Lagos and other parts of the country in order to avoid a dislocation in…
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…Resolution Will Immediately Unlock about $510million of Gas Revenue In its bid to meet the target of revving up production to 3million barrels per day and unlock gas revenues to the tune of about $225 million in the short term and…
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President Muhammadu Buhari will on Thursday next week commission the newly completed 17-storey headquarters building of the Nigerian Content Development and Monitoring Board (NCDMB), located at Swali, Yenagoa, Bayelsa State. Mr.…
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Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, Friday directed members of the Petroleum Tanker Drivers, PTD, in Lagos zone, to shut fuel distribution in and its environs over take-over access roads to tank farms and fuel…
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Despite the challenges of unprecedented oil crash, crippled refineries, unending hostilities in the oil producing communities, as well as unending litigation/dispute, abandoned capital projects, sub-optimal and very high production cost,…
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Oil-producing communities in Bayelsa have asked the Federal Government, Shell Petroleum Development Company (SPDC) and its Joint Ventures (JV), to disregard the purported 21-day ultimatum from a group in the area. The communities…
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Nigeria’s state oil company signed a preliminary agreement to end a dispute with two energy companies over oil exports, signaling a move toward resolving similar disagreements with other oil majors on revenue from several offshore oil…
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The minister of state for petroleum resources Timipre Sylva has said that more private and public sector collaboration will be encouraged as the country steps up effort to realise its target of boosting domestic gas utilisation. The…
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