Former Director General of Nigeria Insurers Association Mr. Ezekiel Chiejina has asked underwriters in the insurance industry to do a lot of reinsurance in special risk business if they wish to play big in the oil and gas sector.

WARRI-THE Governing Council of the Federal University of Petroleum Resources, FUPRE, Ugbomro, Effurun, near Warri, Delta state, has directed the institution’s registrar, Dr (Mrs) L.O. Onwuka to proceed on immediate suspension pending the conclusion of investigation

WARRI- THERE was excitement in Koko, headquarters of Warri North Local Government Area of Delta State, popularly remembered for the toxic waste saga, following the arrival, Monday, of foreign investors from Saudi Arabia and India to inspect the sites for the construction of $16 billion petrochemical and fertilizer plants in the community.

Yenagoa – Bayelsa State government and the Yenagoa Chamber of Commerce, Industry, Mines and Agriculture (YECCIMA) have reached an accord to work together to harness and promote the abundant agricultural potentials in the state.

Her initial appointment as Petroleum Minister was greeted with loud objections and skepticism both in the industry and the larger Nigerian society. It was not only about her academic qualifications and work experience, which industry watchers believed were simply inadequate to supervise Nigeria’s most important industry.

Twelve months to the completion of the Tin-can Island road project which was awarded to Borini Prono, the construction company has said meeting the completion target depends solely on the availability of funds from the federal government.

The Nigeria Insurers Association (NIA) has submitted that the Petroleum Industry Bill (PIB) holds good prospects for the insurance industry, and is calling on the relevant authorities to fast-track its passage into law.

PORT HARCOURT: THE Isoko people have rejected what they termed unilateral sale of oil wells in their area by Shell Petroleum Development Company of Nigeria limited, SPDC.

Yenagoa-In what appears to be a practical step in curbing the menace of flooding, a perennial problem in Yenagoa the Bayelsa State capital, after heavy rainfall the state government last week commenced the clearing and demolition of structures on the right of way of the natural canal that criss-crossed the capital city.

Yenagoa – Bayelsa State government and the Yenagoa Chamber of Commerce, Industry, Mines and Agriculture (YECCIMA) have reached an accord to work together to harness and promote the abundant agricultural potentials in the state.