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 […]
Seplat gas business exceeds $100m revenue milestone
The Managing Director/CEO, Seplat Petroleum Development Company Plc, Mr. Austin Avuru, said that the company’s gas business exceeded $100 million revenue milestone, despite the harsh operating environment experienced in 2016.
GENCOs, DISCOs disagree over planned centralisation of account
If DISCOs claim they are not collecting enough, then they should open their books to make it plain for all to see and confirm their story.
Nigeria sets to host West African Chambers of Mines meeting
THE Miners Association of Nigeria, MAN, has joined forces with West African miners to harmonise mining practices in the sub-region.
NLNG trains 7, 8 to reduce gas flaring to zero level
The proposed Nigerian Liquefied Natural Gas, NLNG trains seven and eight would reduce gas flaring in Nigeria to a zero level.
Explore oil, gas in Benue Trough, Chad Basin to grow reserves
The Petroleum Technology Association of Nigeria (PETAN), has tasked the Nigerian National Petroleum Corporation (NNPC) to encourage increased oil and gas exploration in the Benue Trough and Chad Basin in order to grow Nigeria’s reserves.
Development partners sign pacts with NDDC
The Niger Delta Development Commission, NDDC, has signed two more Memoranda of Understanding, MOU, as part of the new management’s strategy and vision to drive sustainable development in the Niger Delta region.
Barkindo puts global oil investments at $530 bn
Investments in the exploration and production of crude oil have stabilised at $530 billion globally.
These are trying times for indigenous petroleum producers- Fatona
As for the medium term, we like to prepare ourselves as an attractive investment vehicle, which is able to grow with steady injection of new capital periodically for each of our outlined phases of growth
Power sector records 2,746mw, N34.60bn shortfall in March
As the nation grapples with inadequate electricity supply, the power sector suffered a loss of 2,746 megawatts (mw) and N34.60 billion, in the month of March due to system collapse and gas constraints, according to the daily operational report of the Nigerian Electricity System Operation obtained by Sweetcrude.
Indigenous E&P company set 90,000bpd record oil production
The local content initiative of the Federal Government appears to be yielding results as an indigenous company, Aiteo Eastern Exploration and Production Limited has achieved a record 90,000 barrels per day (bpd) oil production, just one year after its acquisition of oil mining lease, OML, 29, known to be sub-Saharan Africa’s largest onshore oil block.
