Tag: Oil & Gas

NLNG explains reviewed wage scale for seafarers
August 15, 2016 No Responses

NLNG explains reviewed wage scale for seafarers

By Moses Ebosele –    Contrary to some media reports, there is no strike by Seafarers or any other employees within Nigeria Liquefied Natural Gas (NLNG) and its subsidiaries.    NLNG in a statement on Sunday also explained that the...
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Declare state of emergency on economy, NUPENG tells Buhari
August 10, 2016 No Responses

Declare state of emergency on economy, NUPENG tells Buhari

By Moses Ebosele –   The Nigerian Union of Petroleum and Natural Gas workers (NUPENG) on Tuesday  expressed worry over what it described as “parlous state” of the Nigerian economy. The union in a statement issued   by its President, Dr Igwe...
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NNPC denies report on fuel price increase
August 10, 2016 No Responses

NNPC denies report on fuel price increase

The management of Nigeria Railway Corporation (NRC) has ruled out possibility of imminient in the pump price of petroleum products.    Reacting to online reports suggesting that  the Federal Government will soon increase the price of fuel due to the...
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Forte Oil to raise N50 Billion Capital
August 2, 2016 No Responses

Forte Oil to raise N50 Billion Capital

By Moses Ebosele –  The board and management of Forte Oil Plc has concluded plan to raise N50 billion debt capital before the end of this year, December 31, 2016. Presenting its “facts and figures” to Nigeria Stock Exchange (NSE)...
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