Bayelsa AC condemns alleged use of public fund for campaign
Action Congress in Bayesla State, yesterday, condemned what it described as the use of public funds by the state government to sponsor groups campaigning for the endorsement of Governor Timipre Sylva for a second term.
“It is a great shame and the height of deceit for the government to hire crowds asking for Sylva to run for a second term,†it said.
Masters energy berths 5000MT AGO vessel
MASTERS energy, an indigenous operator in the downstream sector has announced the arrival of its maiden vessel, Victory 1, laden with about 50000Metric tonnes of Automotive Gas Oil (AGO) also called diesel.
Petrol subsidy is a waste of resources, Obi
Mrs Nkechi Obi is the Managing Director, Techno Oil Limited, a significant player in the downstream sector of the oil industry. In this interview with Vanguard’s Yemie Adeoye she speaks on infrastructural challenges and prospects of full deregulation in the downstream sub_sector of the petroleum industry.
Investors’ worries heighten as companies post unimpressive result
UNTIL relatively recently, big oil gave little thought to sub-Saharan Africa beyond the coast of Nigeria and Angola. That’s changing rapidly after a significant find off the Atlantic coast of Sierra Leone, where both Anadarko Petroleum and U.K.-based Tullow have exploration licenses, and another strike in Uganda, where Tullow operates. Their stocks have jumped sharply […]
No provision for expatriate quota in PIB, Oil workers
THE proposed Petroleum Industry Bill (PIB), has continued to receive knocks from stakeholders and other concerned individuals and groups with workers in the upstream sector of the petroleum industry faulting among others, the absence of specific provisions on expatriate quota and local manpower training.
Daukoru harps on optimising returns petroleum
Dr. Edmund Daukoru, the Amayanabo of Nembe Kingdom in Bayelsa state and former minister of energy has expressed total support for efforts at optimizing government’s socio/economic return in petroleum arrangements.
