Oil & Gas Summiteer

Producers agonise in oil price slump

Producers agonise in oil price slump

By Sonny Atumah The downbeat demand for global oil is on. No one wants oil now. Refineries are not processing more crude. Manufacturing demand for crude is weak. The global oil stockpiles continue to build with caverns almost full to their brims. Supertankers or very large crude carriers heavily laden with 160 million barrels of […]
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Kachileaks: Matters arising – Sonny Atumah

Kachileaks: Matters arising – Sonny Atumah

Last week the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu had a furious diatribe against the Group Managing Director of the NNPC, Dr. Maikanti Baru. Kachikwu’s letter to President Muhammadu Buhari on alleged matters of insubordination and lack of adherence to due process perpetuated by Baru was confidential information released unofficially.  Like a hurricane it  made a landfall in the media in the mold of what may be named Kachileaks. 

Disinfecting and disinfesting Nigeria at 57

Disinfecting and disinfesting Nigeria at 57

Nigeria turned 57 last Sunday. Nigeria’s journey is worth congratulating irrespective of the sociopolitical and economic vicissitudes. The appointment of Transport Minister and Deputy leader of the Northern People’s Congress, NPC, Alhaji Abubakar Tafawa Balewa, as Prime Minister on   September 2, 1957 by the second and last British Governor General that ruled Nigeria from June 15, 1955 to November 16, 1960, Sir James Wilson Robertson set the stage for independence in 1960.

NNPC diversification and UniProtein concerns

NNPC diversification and UniProtein concerns

By Sonny Atumah The Nigerian National Petroleum Corporation, NNPC last week in Abuja said it was considering a joint venture partnership with a Danish firm, Unibio for the production of natural gas derived feed protein for animals. The NNPC Group Managing Director represented by the Chief Operating Officer, Ventures, Dr. Babatunde Adeniran disclosed this in […]

Plugging the fiscal hole in Angola’s oil

Plugging the fiscal hole in Angola’s oil

A momentous change in political leadership would be heralded next Thursday September 21, 2017 in Angola when the former Defence Minister, retired general João Manuel Gonçalves Lourenço would be sworn in as its third President. Lourenço takes over from Africa’s second longest serving President, José Eduardo dos Santos who grabbed power on September 10, 1979. Dos Santos, a Soviet-trained petroleum engineer had a firm grip of Angola with iron fist for 38 years after the death of the first President Antonio Agostinho Neto.

Vanguard Detty December