Energy

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South African investors seek ties with NNPC

South African investors seek ties with NNPC

A contingent of businessmen from Bloemfontein, South Africa are billed to visit Nigeria shortly to engage the management of the Nigerian National Petroleum Corporation, NNPC in areas of mutual interest and cooperation.

NEITI reports set pace for oil, gas reform – Jonathan

NEITI reports set pace for oil, gas reform – Jonathan

President Goodluck Ebele Jonathan has reaffirmed Nigeria’s commitment to the full implementation of the principles of the Extractive Industries Transparency Initiative (EITI) in the Nigerian oil, gas and mining sectors.

Alison-Madueke, Nnaji, Sanusi for NAEC confab

Alison-Madueke, Nnaji, Sanusi for NAEC confab

The ministers of Petroleum Resources and Power, Mrs. Alison-Madueke, and Prof. Bart Nnaji, and other industry chief executives as well as the lawmakers and other stakeholders, are expected to brainstorm on the ongoing reforms in the petroleum and power sectors.

Shell commends SoDA for injury free operation

Shell commends SoDA for injury free operation

The Country Chair, Shell Petroleum Development Company of Nigeria Limited (SPDC), Mr. Mutiu Sunmonu has expressed deep satisfaction over five million injury free operations achieved by SoDA.

Manitoba pledges to work with existing TCN staff

Manitoba pledges to work with existing TCN staff

To enhance a peaceful takeover and management of the Transmission Company of Nigeria, (TCN) the new Chief Executive Officer, CEO, of the company, Mr. Don Priestman said his management will work closely with the legacy TCN staff, particularly during the transitional months.

Heritage Oil to fund Nigeria deal

Heritage Oil to fund Nigeria deal

Heritage Oil Plc will sell part of a gas block and borrow money from Genel Energy Plc to raise $450 million, easing concerns about how it will fund oilfield purchases in Nigeria.

14 oil marketers indicted for multiple infractions

14 oil marketers indicted for multiple infractions

FOURTEEN of the 25 oil marketers have been indicted by the Aig-Imoukhude subsidy committee for several infractions in the subsidy payment. The committee had during the submission of its report on July 24, erroneously announced that 21 companies were indicted.

NCDMB, NNPC to deepen local content in downstream

NCDMB, NNPC to deepen local content in downstream

A renewal of the partnership between the Nigerian Content Development and Monitoring Board (NCDMB), and the Nigerian National Petroleum Corporation (NNPC) will deepen integration of content development in downstream operations in the Oil and Gas industry.

Mobil, Shell mobilise to clean up oil spills

Mobil, Shell mobilise to clean up oil spills

The Nigerian units of American oil giant, ExxobnMobil, and its Anglo Dutch counterpart, Shell, re currently mobilising to clean up some oil spills cited around their areas of operations in the nation’s oil rich Niger Delta.

Vanguard Detty December