Energy

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‘Subsidy removal will kill informal sector’

‘Subsidy removal will kill informal sector’

INFORMAL sector workers in the country have warned that the removal of subsidy on petroleum products would kill the sector, while declaring the 2012 budget proposal by the Federal Government as anti- people.

PTDF stresses local talents development

PTDF stresses local talents development

The Executive Secretary of the Petroleum Technology Development Fund PTDF, Mallam Muttaqua Rabe Darma, has announced plans to expand its home-grown avenues for developing talents for the nation’s oil and gas industry, even as the Fund aims to end its popular Overseas Scholarship Scheme, OSS, by the year 2013.

Bonga oil spill: 50% oil dissipated

Bonga oil spill: 50% oil dissipated

Up to 50 percent of the leaked oil from the deepwater Bonga Floating Production Storge and Offloading Vessel, FPSO, has already dissipated due to natural dispersion and evaporation, according to the Shell Nigeria Exploration and Production Company, SNEPCo.

NCDMB seeks $191bn spend retention by 2020

NCDMB seeks $191bn spend retention by 2020

The Nigerian Content Development and Monitoring Board, NCDMB, said it is working on strategies whereby up to 65 percent or $191billion of the oil and gas industry spend is retained in country by 2020.

FG, Lagos to establish 700MW power barges

FG, Lagos to establish 700MW power barges

The Federal and Lagos State governments are collaborating on the establishment of a 700 Mega Watt, mw power barges in various parts of the state to provide emergency power solutions within the next one year.

PTDF stresses local talents development

PTDF stresses local talents development

The Executive Secretary of the Petroleum Technology Development Fund PTDF, Mallam Muttaqua Rabe Darma, has announced plans to expand its home-grown avenues for developing talents for the nation’s oil and gas industry, even as the Fund aims to end its popular Overseas Scholarship Scheme, OSS, by the year 2013.

Vanguard Detty December