NNPC redeploys staff, appoints new spokesperson

NNPC redeploys staff, appoints new spokesperson

The Nigerian National Petroleum Corporation (NNPC) has announced the appointment and redeployment of top management staff across board.   According to Group Managing Director of the Corporation, Maikanti Baru,  the changes were informed by the desire to consolidate on the...
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NPA pledges sustained partnership with NLNG

NPA pledges sustained partnership with NLNG

As part of measures to enhance economic growth, the   Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has assured the management of Nigerian Liquified Natural Gas (NLNG) of a sustained partnership.   Playing host to a delegation from....
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10 students gets NLNG post graduate scholarships

10 students gets NLNG post graduate scholarships

Nigeria LNG Limited has so far awarded a total of three thousand and fifty-three (3,053) scholarships to Nigerian students. This is part of the company’s education intervention programme for deserving students at Post Primary, Undergraduate and Post Graduate...
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Corruption in NNPC exaggerated, says Minister

Corruption in NNPC exaggerated, says Minister

(NAN) The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, on Thursday said  corruption in the oil and gas industry was overblown.  Kachikwu who spoke with Journalists after the launch of the new roadmap tagged “The 7 Big Wins”,...
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NLNG to raise $15b, targets 18,000 jobs

NLNG to raise $15b, targets 18,000 jobs

 The Nigeria Liquefied Natural Gas Limited (NLNG) is to raise $15 billion from the International Capital Market to fund its Train 7 project.   Briefing members of the Senate Committee on Gas led by Senator Bassey Albert Akpan, Managing Director...
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Don’t contemplate another fuel price hike, TUC tells FG

Don’t contemplate another fuel price hike, TUC tells FG

The Trade Union Congress (TUC) of Nigeria has advised the Federal Government not to contemplate any increase in the price of petroleum products.   The union in a statement on Tuesday described the statement credited to the Group General Manager,...
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‘No plan to increase petrol price’

‘No plan to increase petrol price’

The Nigerian National Petroleum Corporation (NNPC) has denied reported plan to increase the price of fuel.   In a statement issued by the Group General Manager, Group Public Affairs Division, NNPC, Mr. Garba-Deen Muhammad, the corporation said, “Reference o...
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NNPC  proposes commercial production of biofuels

NNPC proposes commercial production of biofuels

The Nigerian National Petroleum Corporation (NNPC) is to commence large scale commercial bio-fuel venture as alternative to fossil fuel, Group Managing Director (GMD), Dr Maikanti Baru, has said.  Speaking on Wednesday in Abuja at a two-day  Environment Dial...
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Nigeria at 56: TUC seeks viable Oil & Gas sector

Nigeria at 56: TUC seeks viable Oil & Gas sector

The Trade Union Congress of Nigeria (TUC) has challenged the Federal Government to commence of making Nigeria’s Oil & Gas sector more viable.   In a message to mark Nigeria’s 56 Independence day celebration, TUC President, Comrade Bobboi Bala Kaigama....
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Oil workers threaten nationwide strike

Oil workers threaten nationwide strike

Oil workers under the aegis of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has threatened to shut down the country if the Federal Government should carry out its plan to sell national assets to augment revenue...
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Militants blow up another pipeline

Militants blow up another pipeline

Breaking a ceasefire it declared a month ago, the Niger Delta Avengers has claimed responsibility for the bombing of another oil pipeline in the Niger Delta.   The group in a statement through its spokesman, Mudoch Agbinibo said the group...
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‘Oil discovery in Lagos, good development for Dangote refinery’

‘Oil discovery in Lagos, good development for Dangote refinery’

The recent discovery of oil in Lagos in commercial quantity has been described as a good omen for the development of the oil and gas industry which Dangote refinery will benefit from. Speaking in his office in Lagos during a...
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Oando sells 49 per cent stake in Gas, Power subsidiary for $115.8 Million

Oando sells 49 per cent stake in Gas, Power subsidiary for $115.8 Million

The Board and Management of Oando Plc has concluded arrangement to sell 49 per cent equity stake in its midstream subsidiary, Oando Gas and Power (OGP) Limited to a new investor, Helios Investment Partners  for $115.8 million.    The transaction...
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Conoil shareholders to get N2.08b dividend

Conoil shareholders to get N2.08b dividend

For the year ended December 31, 2015, shareholders of Conoil Plc are to get N2.08 Billion, amounting to N3 per share, compared to N1 paid in the previous year.    Despite challenges within the operating year, the company also declared...
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