BP, CNPC seal deal for billon-Dollar Rumaila development
BRITISH oil major, BP and China National Petroleum Corp., or CNPC, signed an initial agreement with Iraq to develop Rumaila, Iraq's largest producing oil field, paving the way for a final deal calling for investment estimated at as much as $15 billion, an Iraq ministry spokesman said.
Relocate NNPC HQ to N-Delta, Amaechi urges FG
THE Federal Government has been urged to relocate the headquarters of the Nigerian National Petroleum Corporation (NNPC) to any state in the Niger Delta region where the nation’s oil economy is based.
Imo identifies 460 erosion sites
No fewer than 460 life-threatening erosion sites requiring immediate Federal Government’s attention have been identified by Imo State Government.
Old Ewu Road neglected, abandoned
It was a cloudy Monday when this reporter paid a visit to the Old Ewu Road in the Mafoluku area of Oshodi/Isolo Local Government. But in spite of the threat of rain, it was another busy day from Junction Bus-stop to the popular Aviation Estate as the entire stretch of the road was very much alive with commercial activities.
2011: Govs Sambo, Shekarau in race for Presidency
Opposi-tion against President Umaru Yar’Adua’s second term in 2011 appears to have heightened with the preparation of some Northern governors to have a shot at the presidency.
Petroleum Industry Bill over due, says Uduaghan
Governor Emmanuel Uduaghan of Delta State has called on members of the National Assembly to urgently pass the Petroleum Industry Bill (PIB) to law, so that real progress would begin in the oil industry.
