154th OPEC meeting: Output change unlikely

154th OPEC meeting: Output change unlikely

By Hector Igbikiowubo with Agency reports VIENNA, AUSTRIA – FEELERS gathered Monday at the headquarters of the Organisation of Petroleum Exporting Countries (OPEC) indicates that chances of member countries cutting output even further or increasing them are a remote possibility when the 154th meeting of the organisation’s ministers holds tomorrow. Oil prices are almost where […]
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I won’t resign — Amodu

I won’t resign — Amodu

COACH Amodu Shuaibu may be at the cross over the pain his Super Eagles brought to Nigerians in their 2010 World Cup qualifier against Tunisia but he has no plans of relinquishing the job.

NFF apologizes to Nigerians, says boys will fight to the last day

NFF apologizes to Nigerians, says boys will fight to the last day

NFF President Sani Lulu Abdullahi yesterday apologized to the President and Commander-In-Chief of the Armed Forces, Alhaji Umaru Musa Yar’Adua, other leaders and eminent Nigerians and indeed the generality of Nigerians for the Super Eagles’ poor showing in Sunday’s World Cup qualifier against Tunisia in Abuja.

Failed Banks: Fuel scarcity imminent as credit line worry marketers

Failed Banks: Fuel scarcity imminent as credit line worry marketers

FOLLOWING the alleged risk exposure of the five major banks in the country and their subsequent take over via a bail out by the Central Bank of Nigeria (CBN), the country appears to be heading for another round of petroleum products scarcity Vanguard can authoritatively reveal.

Nigeria, OPEC production figures vary

Nigeria, OPEC production figures vary

THE Nigeria National Petroleum Corporation (NNPC) and the Organisation of Petroleum Exporting Countries (OPEC) have released conflicting figures concerning the country’s crude oil production.

Tenant tackles landlord

Tenant tackles landlord

Edobor continued that I showed him love and care but he remained unyielding, adding that “at a time when his wife was heavily pregnant, I asked him if there was any housemaid to assist his wife in cleaning the environment but, he pleaded that as soon as his wife puts to bed, he would employ an house-help. Behold, his wife puts to bed although through a more pathetic circumstance and we never bothered to ask him for anything again.

Adeleke reacts on recent  move by CBN to sell banks

Adeleke reacts on recent move by CBN to sell banks

Mr. Adebayo Adeleke, General Secretary, Independent Shareholders Association of Nigeria (ISAN) has reacted on the plan by the Central Bank of Nigeria (CBN) to sell the five banks whose managing directors were sacked for alleged misuse of shareholders funds, saying it is illegal and unconstitutional.

Tripple Gee records 41% growth in PAT

Tripple Gee records 41% growth in PAT

Tripple Gee and Company Plc has announced a significant improvement in its bottom line, as its Profit after tax rose by 41.32 per cent in its 2009 financial year.

Total targeted in Gabon riot

Total targeted in Gabon riot

FRENCH giant Total and US oil services player Schlumberger’s facilities in Gabon were reportedly targeted in a riot sparked by the announcement of the results of the country’s presidential election.

Africa requires 75m MT of petroleum products annually-OTL

Africa requires 75m MT of petroleum products annually-OTL

THE total annual demand for clean products in Africa has been put at about 75 million metric tonnes with Nigeria accounting for almost a third, even as significant infrastructure requirements challenge the continent’s downstream operations, including refining, local shipping, storage, pipelines and haulage.

Ajubo gets mention in International Who’s Who

Ajubo gets mention in International Who’s Who

ATAMUNO Ajubo Atamunolowuari, the managing director and founder of Midis Energy Services Limited, a leading service provider in the upstream sector of the Nigerian oil and gas industry has been listed in the 2009 edition of the International Who’s Who Historical Society of professionals.

PENGASSAN warns govt against planned deregulation

PENGASSAN warns govt against planned deregulation

UMBRELLA body for senior staff in the nation’s petroleum sector, Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), has the federal government full deregulation of the down stream sector of the petroleum industry, without putting in place necessary facilities to make it, warning that anything short of putting the facilities in place would spell doom for the nation.