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President Buhari Renews Appointments of NCDMB, PTDF, PEF Bosses
President Buhari Renews Appointments of NCDMB, PTDF, PEF Bosses

President Muhammadu Buhari on Friday renewed the appointment of Engr Simbi Kesiye Wabote as the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB).

In a statement, the Special Adviser to the President on Media and Publicity, Femi Adesina, stated that the President also renewed the appointments of…

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Five Projects Teams Win NCDMB’s $50,000 NOGTECH Hackathon
Five Projects Teams Win NCDMB’s $50,000 NOGTECH Hackathon

Nigerian Content Development and Monitoring Board (NCDMB), last weekend, selected five innovative teams as winners of the Nigerian Oil and Gas Technology (NOGTECH) Hackathon sponsored by the Board.

Each of the five winning teams was given a cheque of $10,000 equity-free grant. They will also proceed to participate in a…

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OML 143: NNPC, SEEPCO Sign Gas Development Deal
OML 143: NNPC, SEEPCO Sign Gas Development Deal

The Nigerian National Petroleum Corporation (NNPC) and Sterling Exploration and Energy Production Company (SEEPCO) have signed an agreement for the development and commercialization of gas from the Oil Mining Lease (OML) 143 that could help reduce gas flaring in the country.

At the signing ceremony last weekend, Group Managing Director…

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Virtual Sept

Petrol Price Hikes: PETROAN, NOGASA Lament N500bn, N320bn Losses Respectively
Petrol Price Hikes: PETROAN, NOGASA Lament N500bn, N320bn Losses Respectively

     …But Reject Strike Action by NLC, TUC as solution

Two oil sector organisations, the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), and the Natural Oil and Gas Suppliers Association of Nigeria (NOGASA), have called out to the Nigerian Labour Congress (NLC) groups to reach out and engage…

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Seplat Investigates Possible Hydrocarbons Discovery in Okpe, Sapele Water
Seplat Investigates Possible Hydrocarbons Discovery in Okpe, Sapele Water

     …DPR, NOSDRA, Ministry of Petroleum visit Site 

Alongside Seplat Petroleum’s emergency team, Officials of Nigerian’s Department of Petroleum Resources (DPR), the National Oil Spill Detection and Response Agency (NOSDRA) and Delta State Ministry of Environment visited sites in Sapele where panicky locals reported heavy presence of oil…

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Deregulation, Electricity Hike: FG Fashions Out Palliatives for Workers
Deregulation, Electricity Hike: FG Fashions Out Palliatives for Workers

The Federal Government has said that it plans to roll out palliatives that would ameliorate the sufferings that Nigerian workers may experience as a result of the hike in electricity tariffs as well as the impact of the deregulation of the Nigerian downstream sector of the petroleum industry.

The palliatives…

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Labour Suspends Planned Strike as FG Reverses Electricity Tariff Hike
Labour Suspends Planned Strike as FG Reverses Electricity Tariff Hike

The Nigeria Labour Congress and the Trade Union Congress have suspended the strike earlier scheduled to commence today (Monday).

The latest development followed an agreement organized labour reached with the Federal Government at a meeting held on Sunday night into the early hours of today.

The strike…

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NAPE Holds Workshop for Media Professionals
NAPE Holds Workshop for Media Professionals

The Nigerian Association of Petroleum Explorationists (NAPE) will on Tuesday, September, 2020 host a one-day workshop for media professionals covering energy and the oil and gas sectors of the Nigerian economy.

Professionals working in the corporate communications departments in oil and gas companies are also expected to participate in the…

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30 injured, 23 buildings destroyed in Iju-Ishaga Tanker Explosion
30 injured, 23 buildings destroyed in Iju-Ishaga Tanker Explosion

No fewer than 30 persons suffered varying degrees of injury from the explosion that rocked Iju Ishaga area of Lagos on Thursday afternoon.

The incident occurred when a truck conveying gasoline suddenly exploded after a lone accident at Cele Bus stop, Iju Ishaga, Lagos

The Lagos State…

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Lawmakers Call for Upgrade of Calabar Depot Facilities
Lawmakers Call for Upgrade of Calabar Depot Facilities

The House of Representatives ad hoc Committee on Tank Farms has called for overhaul of facilities at the Nigerian National Petroleum Corporation (NNPC) depot in Calabar.

Chairman of the Committee, Mr Sergius Ogun, said this on Thursday in Calabar during a stakeholders meeting with tank farm operators.

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