National security: Cause for concern

National security: Cause for concern

Now, if the incident of a taxi cab being driven under the belly of a fully-loaded plane which took place the other week at Margaret Ekpo airport in Calabar, had taken place in Lagos or Abuja, I’m sure its full horror would have been communicated to most Nigerians. There would have been a huge outcry on the lapse in security which allowed the incident to take place.
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Subscription markets chop off 90% oil, gas insurance placements

Subscription markets chop off 90% oil, gas insurance placements

by Patience SAGHANA Against all odds being faced by local insurance industry in oil and gas insurance business compounded by subscription market which often rob the local market of 90 percent placement, Nigerian insurance industry is still able to stamp its feet in US86billion oil and gas insurance business Subscription market often strip the local […]

New NNPC boss commits to continue with transformation

New NNPC boss commits to continue with transformation

CONTRARY to the norm where new appointees discard initiatives they met on ground, the new Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mallam Shehu Ladan, has pledged to continue with the ongoing transformation programme of the Corporation which is in line with the aspirations of the Acting President Dr. Goodluck Ebele Jonathan, […]

No quick fixes for power sector – FG

No quick fixes for power sector – FG

by Oscarline ONWUEMENYI Perhaps in a bid to avoid the mistakes of the past, the Minister of state for power, Arc. Nuhu Somo Wya has stated that the present administration of Acting President Goodluck Jonathan would not declare an emergency for the power sector, even though it was committed to a complete rehabilitation of the […]

Beaufort green light for Shell

Beaufort green light for Shell

Anglo-Dutch supermajor Shell has been granted a long-awaited federal air-quality permit the company needs to conduct exploratory drilling this year in Alaska’s Beaufort Sea, government officials said. As earlier reported by Upstream, the US Environmental Protection Agency (EPA) issued the permit to Shell to cover air pollutants emitted from the drill ship and fleet of […]

Petrochemical Company (KRPC), in Kaduna

Petrochemical Company (KRPC), in Kaduna

Oscarline ONWUEMENYI He noted that the on-going NNPC Transformation includes the consolidation of the Corporation’s trading outfits and capacity building for direct marketing by NNPC of the Federation’s cargoes. Barkindo explained that the Federal Government created NPDC in 1988 and awarded it premium oil blocks with the intention making the parent company-NNPC a major oil […]