Noble Corp Plc’s stock had its ‘outperform’ rating restated by equities research analysts at Credit Suisse, a financial services and insurance company, in a research note issued to investors.

Managing Director/Chief Executive Officer of Financial Institutions Training Centre, FITC, Dr. Lucy Newman, has charged Nigerian insurers to be self-reliant in-terms of technical expertise, especially in underwriting large and complex risks like oil and gas.

Recently, the Federal Government paid a legacy debt in excess of N213 billion to, among others, boost the supply of gas to the power sector. However, SEBASTINE OBASI writes that Nigerians have remained apprehensive over a number of issues undermining the sustainable supply of electricity as promised by government.

Offshore logistics and service provider, Bristow Helicopters, has said it is investing over $1million in a gas-to-power project, for its Logistics Base at the NAF Base, Port Harcourt, Rivers State.

Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, has called for the establishment of a Pipeline Protection Agency, PPA, to monitor and secure the nation’s pipelines from vandals, who have been inflicting economic damage on the nation.

The Nigerian Geological Survey Agency, NGSA, is saddled with the responsibility of finding mineral deposits and provision of available geosciences information in the country, but this agency has not performed to expectation. In this interview with Gabriel Ewepu, the newly appointed Chairman of NGSA Board, Chief Chinedu Maduagwu, speaks of the urgency to repackage and reposition the agency for higher productivity.

ABUJA- The Federal Government has granted over N250 million import duty waiver to Royal Salt Limited, in accordance with the provisions of the Minerals and Mining Act of 2007.

Victor AHIUMA-YOUNG Trade Union Congress of Nigeria, TUC, has said it is laughable and painful that Nigeria is still exporting crude and importing refined products after 54 years of independence and called on government to do everything possible to change the trend urgently. This came as the body said the decay in electricity generation and […]

DELTA State Council of the Nigerian Labour Congress, NLC, has called on the state government to resuscitate some of the ailing industries in the state including the Delta Steel Company, DSC, Ovwian Aladja, to boost employment generation.

Umuoga family in Idoke community, Ahoada East local government area has decried the alleged failure of an oil giant to redress impact of oil spill from its operations on their farmlands.

PORT HARCOURT: About 900, 000 persons have so far benefitted from the Niger Delta Development Commission’s free health care programme which started fourteen years ago in the region.

Nigeria lost about $1.705 billion (N272.8 billion) to gas flaring, as oil and gas firms operating in the country flared 409.311 billion Standard Cubic Feet, SCF, of gas between January and December 2013.

In the recent time you’ve been very passionate about modular refining system, what is fuelling this passion?

In August 2011, the United Nations Environment Programme, UNEP, released its Environmental Assessment of environmental damage on account of spills from oil activities by the Shell Petroleum Development Company, SPDC, in Ogoni land in Rivers State. Three years down the line, Ogoni land is still nowhere near the emergency clean up as recommended by UNEP, […]

In a couple of months from now, it would be one year since the successful sale of the assets of the defunct Power Holding Company, PHCN assets to private investors.