FORMER Chairman of South-South Peoples Assembly (SSPA) Ambassador Matthew Tawo Mbu, the Otu Agrinya of Boki land in Cross River State is not only an elder statesman but also a lawyer and diplomat who could be described as one of the few nationalists of the first republic. Although he has a string of honorary doctorate degrees, he likes to remind you that he only treasures the one he sweated for; a doctorate in law.

Speaking exclusively to Vanguard in Geneva, Switzerland, on what Nigeria stands to benefit from the on-going 98th conference of the International Labour Conference, the general secretary ofthe NLC, Comrade John Odah said, “Our own alternative to the deregulation of the downstream and to the selling of the refineries is for our government to re-look at our joint venture agreement with a view to getting the oil majors to compulsorily have interest in refining petrol in Nigeria and therefore establishing refineries in Nigeria”.

Although Sid Mashburn is a definitive gentleman’s haberdasher in Atlanta, his global sense of style is worthy of national and international acclaim. Featured as one of GQ Magazine’s top ten picks for “The Most Stylish Men in America” and also voted as one of the magazine’s 100 best men’s stores in America, he needs no introduction.

THE Korean National Oil Company, KNOC has urged a High court sitting in Abuja to restore its two oil prospecting licences revoked earlier this year by the Federal Government over the company’s alleged inability to pay in full the signature bonus put at $485 million.

By Yemie Adeoye NIGERIA’S present gas reserves may have gotten up to 600 trillion cubic feet (tcf), away from the much reported 187 (tcf) , if a report said to be issued by the United States Geological Survey is anything to go by.

AMONG countries operating in the extractive industry, Norway is a model on transparency and has been trying to assist Nigeria in this regard.

ABUJA – THE Petroleum Technology Development Fund will from this year extend its upgrade of departments in Nigeria universities to the state government-owned institutions.

By Yemie Adeoye THE nation’s oil   production figure for first quarter 2009 as released by the Department of Petroleum Resources, DPR in Lagos recently has been put at 2,049,418 barrels of oil per day, bopd. The Acting Director of Petroleum Resources, Mr. Billy Agha stated this during the first quarter media briefing of the department […]

ABUJA – THE Federal Government has said the country would need to sharpen its energy framework in the light of the new energy policy of the United States Government under President Barack Obama.

NIPCO Plc has announced its operating results for the financial year ended December 31, 2008 showing impressible performance in all business indices even in spite of the challenging economic terrain plaguing the downstream sector.

IN May 2001, a rash of violent activities broke out in Rivers State, Nigeria. The origins of these activities were political – political parties and their members jostling for areas of dominance and influence.

OANDO Marketing Limited, OML, a subsidiary of Nigeria’s energy giant, Oando PLC, has recorded a landmark achievement with the signing of an operating agreement with Banner Gas, an engineering, construction and maintenance company with expertise in gas storage facilities for the installation of Liquefied Petroleum Gas, LPG filling plants at Oando service stations nationwide.

NIGERIA Labour Congress, NLC, has announced that Labour and its civil society allies under the aegis of Labour and Civil Society Coalition, LASCO, would today, in the ancient city of Kano, Kano State, resume the national protest rallies against government planned full deregulation of the downstream sector of the petroleum sector, privatisation of public refineries among others, suspended about a month ago.

SHELL has said its Nigerian joint venture had extended forces majeure on Bonny Light and Forcados crude to include oil exports for June.

The strategic relationship between Nigeria and China will be further strengthened as Mr. Jiang Jianqing, Chairman of Industrial and Commercial Bank of China (ICBC) Limited, visits the country.