Sweet Crude

Wike: The other side of a fighter, by Donu Kogbara

Wike: The other side of a fighter, by Donu Kogbara

I went home to Rivers State last weekend to participate in a celebration and Anglican thanksgiving service. They were hosted in Koroma, Tai Local Government Area, by Senator Barinada Mpigi, a fellow Ogoni and friend. And the special guests of honour were Chief Godswill Akpabio, the Senate President, and Chief Nyesom Wike, our former governor […]
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SPDC sponsors radio programme  on small scale business development

SPDC sponsors radio programme on small scale business development

As part of its contributions towards the economic development of the Niger Delta, The Shell Petroleum Development Company of Nigeria (SPDC) is sponsoring a series of radio programmes on small scale business development for entrepreneurs in its Eastern and Western areas of operations.

Host communities want 50%  equity in oil investment

Host communities want 50% equity in oil investment

David Ugolor Executive Director African Network for Environment and Economic Justice (ANEEJ) based in Benin Edo state spoke to Vanguard on what oil communities would want to see added to the PIB

Uduaghan agonises over Escravos -Lagos gas pipeline repairs

Uduaghan agonises over Escravos -Lagos gas pipeline repairs

GOVERNOR Emmanuel Uduaghan of Delta State must be wondering by now why some people are bent on sabotaging his efforts to put behind the ugly episode in which the facilities of facilities of the Nigeria National Petroleum Corporation (NNPC), Chevron Nigeria Limited and Shell Petroleum Development Company (SPDC) in the state were destroyed by the Movement for the Emancipation of the Niger-Delta (MEND) between May and June.

FG restores Escravos -Lagos-Pipeline, concern  mounts over gas

FG restores Escravos -Lagos-Pipeline, concern mounts over gas

IN a desperate bid to ensure the availability of the 6000Megawatts of power by the end of the year, the federal government seems to have restored the failed portions of the strategic Escravos-Lagos gas line said to be the only remaining source of gas supply to the thermal plants across the country.

llegal Oil  Bunkering:  FG Counsels  the Navy

llegal Oil Bunkering: FG Counsels the Navy

Ithe federal government has acted to allegations of illegal bunkering of crude oil and refined petroleum products, saying that it was in the best interest of the Nigerian Navy to correct the impression.

NIMASA to  introduce  compulsory  registration for  oil tankers

NIMASA to introduce compulsory registration for oil tankers

The Nigerian Maritime Administration and Safety Agency (NIMASA is set to introduce compulsory registration for all ships loading petroleum products in Nigeria in a bid to ensure a fairer treatment for Nigerian ship owners.

Rockson moves gas turbines  across Imo River

Rockson moves gas turbines across Imo River

MR. Biyi Sangowawa, the executive director (operations) of Rockson Engineering is a seasoned engineer and an executive director of Rockson Engineering Company Limited, a renowned engineering company with a reputation for efficient delivery of projects.

PIB introduces new fiscal regime

PIB introduces new fiscal regime

The Federal government and oil and gas producing firms are set for a major collision should the new fiscal provision in the Petroleum Industry Bill (PIB) scale through two chambers of the National Assembly of Nigeria into an Act.

Members push for  dissolution of NOEIP

Members push for dissolution of NOEIP

Attempts made by some members of the Nigerian Oil and Energy Insurance Pool (NOEIP) to dissolve the pool nine years after nine years of its existence was bungled by some other members of the pool.

Local content:   Nigerian insurers  should initiate  energy risks

Local content: Nigerian insurers should initiate energy risks

The current practice in local content energy business has been faulted on the grounds that it robs indigenous players of playing key role in the channeling of the placements. The proper routing of the businesses will empower insurers to play decisive role in the process.

Oil workers  restate  conditions for  deregulation

Oil workers restate conditions for deregulation

LAGOS: WORKERS in the nation’s petroleum industry, have warned that the country is ready for full deregulation and called on government to ensure that all necessary pre-conditions are in placed before the policy is implemented.

NUPENG, PENGASSAN  fault PIB

NUPENG, PENGASSAN fault PIB

The conspicuous silence about the composition, roles and functions of the PTI in the new dispensation, is worrisome. The total exclusion of the PTI in section 478-493 as one of the institutions to be enshrined in the bill is a source of concern to us. We therefore suggest that the status, roles and functions of PTI be inserted in the bill.”

PIB should create better  opportunities for  indigenous companies-Tinubu

PIB should create better opportunities for indigenous companies-Tinubu

Mr Jubril Adewale Tinubu needs little or no introduction. As the Group Chief Executive Officer of Oando Plc, he has led a team of indigenous professionals to position the company as Nigeria’s fastest growing energy conglomerate, with interest cutting across the entire energy value chain.

NEITI indicts oil  operators over lack  of transparency

NEITI indicts oil operators over lack of transparency

ABUJA -THE National Extractive Industries Transparency Initiative has said billions of naira is lost in the nation’s oil and gas industry due to lack of transparency and poor monitoring of oil and gas production in the country.