Victor Okoronkwo: Group Managing Director, AITEO Eastern Exploration & Production Company…
-By Danlami Nasir Isah
Sir Victor Okoronkwo born in Plateau is the Group Managing Director of Aiteo Eastern Exploration & Production Company Limited. He was also appointed the first Vice President of Nigerian Gas Association.
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20 guards arrested over construction of illegal oil wells
Tenty guards have been arrested by officials of the Nigerian Navy in Lagos and Ogun states
The guards were said to have been involved in the construction of illegal oil wells to syphon petroleum products in the country
It was!-->!-->!-->!-->!-->…
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FG Pledges Commitment to Support Local Refining
…Applauds NCDMB, Waltersmith for the 30,000 bpd modular refinery
-By Benjamin Ike
The Federal government has pledged its commitment to support indigenous petroleum production and refining in order to boost local refining capacity!-->!-->!-->!-->!-->…
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LADOL Industrial Economic Zone Attracts Investors, Rake in USD 500 million
-By Kenny Folarin
The Managing Director of Lagos Deep Offshore Logistic Base LADOL, Dr. Amy Jadesim has said that her industrial base which is 100% indigenous economic zone has attracted Investors with USD 500 million into the Zone,!-->!-->!-->…
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IOCs, Drone Makers Collaborate on Data Collection
-By Gideon Osaka
International oil companies and drone makers are collaborating to develop custom – made drones with data collection technology to obtain real-time insights, according to United Kingdom – based, GlobalData, a leading!-->!-->!-->…
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OPEC+ Succumbs to Saudi Pressure to Redistribute Oil Cuts
-By Gideon Osaka
The Organisation of Petroleum Exporting Countries, OPEC+ is expected to adjust its output target and redistribute production cuts between its members as a result of pressure from Saudi Arabia, which has long carried an!-->!-->!-->…
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NEITI Unveils Beneficial Ownership Register to Strengthen Transparency, Accountability in the…
-By Kehinde Folarin
In furtherance of the quest to ensure transparency and accountability in the Extractive Industry, the Nigeria Extractive Industries Transparency Initiative (NEITI) penultimate Thursday unveiled the Beneficial!-->!-->!-->…
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Nigeria Oil Spill Worsens as Oil Companies Flout NOSDRA’s Directive
-By Fred Ojiegbe
Oil spills have been a perennial issue in the Niger Delta as there are estimated 40 million liters of crude oil spilled annually, which results in huge casualties and damage to the local ecosystem.
In a study by!-->!-->!-->!-->!-->…
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Nigeria’s November Rig Count Improves by 2, as OPEC Records Minus 3
-By Gideon Osaka
Nigeria’s current rig count showed an upward move, as the country saw an improvement by two, as it recorded 20 in November as against 18 recorded in October, data from the latest Organisation of Petroleum Exporting!-->!-->!-->…
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Buhari, NNPC GMD, Sylva meet over Iran – US tension, oil price
Buhari who doubles as the country’s Minister of Petroleum Resources met with Sylva at about 3pm to 3.41pm at the Presidential Villa, Abuja.
President Muhammadu Buhari
President Muhammadu BuhariNigeria’s President, Muhammadu Buhari,!-->!-->!-->!-->!-->…
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