Oil and non-oil waste constitute serious problems in petroleum bearing communities. In this interview with Udeme AKPAN, Mr. Yolo Bakumor, Managing Director, Bayelsa State-based De-Rabacon, the winner of the maiden Shell Outstanding Achievement Prize in the 2018 Shell LiveWIRE Top Ten Innovators Awards, comments on a wide range of issues, including the need for increased plastic recycling.Read More
Nigeria’s crude oil export appreciated by 17.38 per cent to N7.308 trillion in the first six months of 2018 from N6.226 trillion recorded in the last six months of 2017, according to data obtained from the National Bureau of Statistics (NBS).Read More
Contrary to the Lagos Deep Offshore Logistics Base, LADOL, allegation that it jointly tendered with Samsung Heavy Industries, SHI, for Total’s $3.3 billion Floating Production Storage and Offloading (FPSO) contract, SHI, has disclosed that the contract was awarded to Samsung Heavy Industries Nigeria, SHIN.Read More
ExxonMobil has disclosed that through the Power Forward project, it would continue to pursue programmes that would bring about youth development and build human capacity across critical sectors of the Nigerian economy.Read More
THE Minister of Mines and Steel Development, AbubakarBwari, disclosed that Nigeria spends N16 billion ($44.5 million) on imported industrial minerals yearly to carry out production in the solid minerals sector.Read More
INVESTORS need to invest $11 trillion in oil and gas between now and 2040 in order to meet rising demand in many nations.
In his keynote address at the just concluded meeting in Madrid, Spain, HE Mohammad Sanusi Barkindo, OPEC Secretary General, said, “To meet the expected global expansion will require huge investments.
THE Nigeria Gas Association, NGA, said the country has reduced gas flaring from two billion cubit fit per day to 700 million cubits fit per day, indicating 65percent improvement in the last 10 years.Read More
INTELS Nigeria Limited, a leading oil and gas logistics service outfit has built and handed over a modern, well-equipped Health Centre to the Aruakpor-Umah Community, in Uvwie Local Government Area, Delta State.Read More
THERE are indications that about 18 communities may have to suffer owing to recent spills emanated from the Aghoro and Odimodi communities in Bayelsa and Delta State respectively.Read More
AS the Federal Government continues to grapple with the challenge of illegal mining, an international humanitarian organisation, Global Rights Nigeria, has alleged that over $500 million (N152.5 billion) worth of gold is illegally shipped out of the country annually.Read More