by Patience SAGHANA Against all odds being faced by local insurance industry in oil and gas insurance business compounded by subscription market which often rob the local market of 90 percent placement, Nigerian insurance industry is still able to stamp its feet in US86billion oil and gas insurance business Subscription market often strip the local […]

CONTRARY to the norm where new appointees discard initiatives they met on ground, the new Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mallam Shehu Ladan, has pledged to continue with the ongoing transformation programme of the Corporation which is in line with the aspirations of the Acting President Dr. Goodluck Ebele Jonathan, […]

by Oscarline ONWUEMENYI Perhaps in a bid to avoid the mistakes of the past, the Minister of state for power, Arc. Nuhu Somo Wya has stated that the present administration of Acting President Goodluck Jonathan would not declare an emergency for the power sector, even though it was committed to a complete rehabilitation of the […]

Anglo-Dutch supermajor Shell has been granted a long-awaited federal air-quality permit the company needs to conduct exploratory drilling this year in Alaska’s Beaufort Sea, government officials said. As earlier reported by Upstream, the US Environmental Protection Agency (EPA) issued the permit to Shell to cover air pollutants emitted from the drill ship and fleet of […]

Oscarline ONWUEMENYI He noted that the on-going NNPC Transformation includes the consolidation of the Corporation’s trading outfits and capacity building for direct marketing by NNPC of the Federation’s cargoes. Barkindo explained that the Federal Government created NPDC in 1988 and awarded it premium oil blocks with the intention making the parent company-NNPC a major oil […]

National Engineering and Technical Company (NETCo) is Nigeria’s first national engineering company and is wholly owned by the state-run NNPC, with the sole aim of developing in-country oil and gas engineering capability. Yemie Adeoye of Sweetcrude cornered Mr. Kenneth Ejuoneatse, the Managing Director of the company on the sidelines of the Offshore West Africa conference […]

Hector IGBIKIOWUBO In perhaps what may pass as a revolution of sorts the conventional bid tendering processes for jobs within the Nigerian oil and gas industry has formally gone online, leaving behind an analogue era noted for poor transparency, accountability and a lengthy contracting cycle. The Nigerian Senate has also committed to timely passage of […]

Oscarline ONWUEMENYI Fears that the ongoing Transformation of the Nigerian National Petroleum Corporation, NNPC may lead to massive job cut in the Corporation was dispelled on Wednesday as the Group Managing Director, Dr. Mohammed Sanusi Barkindo stated without mincing words that the reform would create more job opportunities for Nigerians. Dr. Barkindo made this disclosure […]

WARRI-THE National Coordinator of Niger Delta Re-orientation Project, Comrade Sheriff Mulade has raised the alarm over threat to his life and those of his family members by some former militants and illegal oil bunkerers in the region.

As the cloud of uncertainty pervades Yenagoa the Bayelsa State capital over the arrest of some of the state treasury staff by the Economic and Financial Crimes Commission (EFCC) the Ijaw Youth Council (IYC) has urged the Inspector General of Police and the Director-General of the SSS to compel the state Commissioner of Police and the state Director of SSS to produce the state commissioner for Finance, Dr. Sylva Opuala-Charles declared wanted by the anti graft body.