Category: Energy

WFE partners varsity on training
July 7, 2016 No Responses

WFE partners varsity on training

The World Federation of Exchanges (WFE) has announced an education partnership with University of Cambridge Judge Business School Executive Education (“Cambridge Judge”).    As part of the agreement, WFE members will be able to access and apply for a range...
read more
Nationwide strike looms over alleged $7b debt
July 7, 2016 No Responses

Nationwide strike looms over alleged $7b debt

BARRING any last minute adjustment, the Minister of Labour and Employment, Dr Chris Ngige and other senior government officials will today meet with representatives of Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) in Abuja. The meet...
read more
Offshore West Africa gets new date
July 6, 2016 No Responses

Offshore West Africa gets new date

PennWell Corporation, owners and producers of the annual Offshore West Africa Conference & Exhibition have announced a change in date for its 21st edition. According to a statement, the new 2017 date has been set for 6‐8 Jun...
read more
Oando’s Q1 turnover drops by 34 %
July 5, 2016 No Responses

Oando’s Q1 turnover drops by 34 %

For the 2016 first quarter, Oando Plc recorded N64.413billion, indicating a drop of 34 per cent when compared with N97.070 recorded within same period in the previous year.   Presenting the company’s “Facts behind the figures” at the Nigerian Stock...
read more
Buhari charges new NNPC board on dedication
July 5, 2016 No Responses

Buhari charges new NNPC board on dedication

PRESIDENT Muhamadu  Buhari has advised the new Board of Nigerian National Petroleum Corporation (NNPC) to ensure the successful delivery of its mandate and serve the nation by upholding the public trust placed on them in managing “this critical national ass...
read more
Oando explains ‘facts behind the figures’
July 4, 2016 No Responses

Oando explains ‘facts behind the figures’

Top management staff of Oando Plc will today, July 4th, 2016  address Capital Market Stakeholders ‘with a Facts Behind the Figures Presentation and also sound the Closing Gong’. A team from City BusinessNews will be on ground to provide our...
read more
Oando gets approval to raise N80b
December 8, 2015 No Responses

Oando gets approval to raise N80b

Shareholders of Oando Nigeria Plc have approved the company’s quest to raise N80 billion by way of rights issue to existing shareholders.   The shareholders also approved plan to divest any or all shareholding and investment in the downstream business...
read more
Govt proposes partial for refineries
December 7, 2015 No Responses

Govt proposes partial for refineries

As part of measures to operate refineries as profitable ventures, the Federal Government has concluded plans to grant semi-autonomy to the entities.   Meanwhile, the Federal Government has expressed its readiness to raise funds from international investors an...
read more
Osibanjo decries over-dependence on oil
December 2, 2015 No Responses

Osibanjo decries over-dependence on oil

The Vice-President, Yemi Osinbajo has described Nigeria’s over-dependence on oil resources as a major factor responsible for the high level of corruption in the country. He also identified  restiveness and agitation for resource control, especially in the S...
read more
PwC predicts drop in ageing power infrastructure by 2020
December 2, 2015 No Responses

PwC predicts drop in ageing power infrastructure by 2020

A survey put together by PricewaterhouseCoopers (PwC) has predicted that ageing infrastructure is expected to significantly reduce in the next five years (2020).  Quoting Chief Executive Officers (CEOs) of power and utilities companies in Nigeria, the survey ...
read more
NNPC, others to harmonise subsidy claims
December 1, 2015 No Responses

NNPC, others to harmonise subsidy claims

The Senate has directed the Ministry of Petroleum, Nigerian National Petroleum Corporation (NNPC) and other relevant stakeholders to harmonise subsidy claims for October to December 2015. Sen. Danjuma Goje, Chairman, Senate Committee on Appropriation, gave the...
read more
NCAA bars five marketers from supplying aviation fuel
November 26, 2015 No Responses

NCAA bars five marketers from supplying aviation fuel

The Nigerian Civil Aviation Authority has suspended five oil marketing companies from supplying aviation fuel, also called Jet A1, to local and foreign airlines operating in the country due to lack of depot facilities. According to Punch Newspaper, the compani...
read more
NNPC partners EFCC, DSS on fuel scarcity
November 26, 2015 No Responses

NNPC partners EFCC, DSS on fuel scarcity

Worried by the ongoing nationwide fuel scarcity, the Nigerian National Petroleum Corporation (NNPC) has implored  the Department of State Services (DSS) and the Economic and the Financial Crimes Commission (EFCC) to help arrest marketers hoarding and divertin...
read more
FG re-affirms commitment to GECF
November 24, 2015 No Responses

FG re-affirms commitment to GECF

The Federal Government  has assured the Gas Exporting Countries Forum ( GECF)  of its continuous support as it struggles to surmount the challenges that the global oil and gas industry is facing. This assurance was given by President Muhammadu Buhari...
read more
1 … 85 86 87 88 89