Breaking News News Oil & Gas

Investigate NNPC $25bn contract scandal, IYC tells FG

The Ijaw Youth Council, IYC, Worldwide, has called on the Federal Government to investigate the $25bn contract scandal rocking the Nigerian National Petroleum Corporation. The spokesman for the IYC, Mr. Daniel Dasimaka, made the call in an interview on Tuesday in Yenagoa, Bayelsa State capital. The media was recently awash with a leaked letter by the Minister

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Delta National Oil & Gas

We don’t need minister’s approval to award contact – NNPC

The Nigerian National Petroleum Corporation (NNPC) said on Monday that all it required to award a contract was the approval of the tender board and not the minister’s endorsement. The Corporation said in statement that the clarification followed the publication of alleged lack of adherence to due process in the award of contracts  by the

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Breaking News National Oil & Gas

Corruption, ‘illegal’ appointments, anti-north allegation… 6 highlights of Kachikwu’s letter to Buhari

Ibe Kachikwu, minister of state for petroleum resources, wrote a letter to President Muhammadu Buhari, over the alleged insubordination of Maikanti Baru, group managing director of the Nigerian National Petroleum Corporation (NNPC). In the letter, Kachikwu accused Baru of undermining his (Kachikwu’s) office and dragging the reputation of the NNPC into the mud. He also said he

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Breaking News Delta News Oil & Gas

Escravos-Warri Gas Pipeline Explosion: Gbaramatu Communities Calls on Kachikwu, Idabor to intervene 

 —Alleges Military Intimidation —We need Joint Investigation -Akori —NGC is Highhanded -Odudu        The people of Ikpokpo, Okpele-Ama, Otogbene, Atanba and other Gbaramatu communities in Warri South West Local Government Area of Delta State have called on the Minister of Petroleum Resources, Dr. Ibe Kachikwu comes to come to their rescue over the 

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Education News Oil & Gas

Chevron, JOA Donates 12,000 Books to Delta, Ondo States

—Supporting education is our crucial call — Esimaje —We work to prime and position the youths — Haastrup A foremost observer of  Corporate Social Responsibility (CSR) in the Oil and Gas sector, Chevron Nigeria Limited, CNL, in partnership with the Jewels of Africa Foundations (JOA) have recently donated over 12,000 books on Science, Mathematics as

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Breaking News Delta News Oil & Gas Politics

Otuaro tasks SPDC on full operations in Delta

Deputy Governor of Delta State, Barr (Deacon) Kingsley Burutu Otuaro, Friday, assured the Shell Petroleum Development Company (SPDC) and other investors in the state of an investor-friendly environment and charged them to embrace the peace initiatives of the Delta State government for mutual benefits as they go on with their various responsibilities. Speaking in Warri,

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Bayelsa Breaking News News Oil & Gas

Niger Delta: FG moves to establish oil, gas institute in Odi

The Federal Government has concluded arrangements to establish an oil and gas institute in Odi, Bayelsa State as part of ongoing negotiations to tackle developmental problems in the Niger Delta region. President Muhammadu Buhari administration has been rolling out palliatives and infrastructural packages to develop human capacity and quell agitation in the region. The Minister of Science

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Breaking News News Oil & Gas

NNPC advises Motorists against Panic Buying

The Nigerian National Petroleum Corporation has advised motorists across the country not to engage in any panic buying of petroleum products. NNPC assures that it has in stock, premium motor spirit, PMS, otherwise called petrol, sufficient to serve the nation for 48 days. Similarly, there is in stock, sufficient quantity of Automotive Gas Oil, AGO,

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Breaking News News Oil & Gas Rivers

Niger Delta: Rivers communities shut Agip oil well, protest neglect

Youths from five communities in Ahoada West Local Government Area of Rivers State on Thursday shut a Nigerian Agip Oil Company oil well over alleged neglect of the communities. The Akala-Olu, Ukpeliede Enito II, Emeji II in Ogbobi clan and Oshie communities of Egeni clan expressed regrets that NAOC abandoned the General Memorandum of Understanding it

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Breaking News Delta News Oil & Gas

BENIKRUKRU/ABITEYE DREDGING: NO EIA REPORT, NO WORK, GROUP TELLS CHEVRON, EPANEL

Before we allow the dredging work to commence on the Beniikrukru and Abiteye projects respectively, we must see not just a mere report but a very comprehensive detailed report of the Environmental Impact Assessment (EIA). The above demand was handed down to Chevron Nigeria Limited, CNL, recently by the Benikrukru Federated Environmental and Ecological Watch Organization on behalf

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Edo News Oil & Gas

Gas flaring in Nigeria to end soon – Boroh

The Federal Government of Nigeria has said that plans to end gas flaring in the country has reached advanced stage through the National Gas Flaring Commercialization Programme. It said 48 sites across the Niger Delta region have been identified in the first phase where the gas would be harnessed for cooking, electricity and other industrial

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Bayelsa News Oil & Gas

Shell, regulators disagree as oil spill ravages Biseni in Bayelsa

Oil spewing from equipment belonging to the Shell Petroleum Development Company (SPDC) has ravaged parts of Tein-Biseni environment, Biseni, Yenagoa Local Government Area. A report compiled by the Environmental Right Action/Friends of the Earth (ERA/FoE), showed that while Shell believed the spill was caused by sabotage, other stakeholders including regulators and the community argued it

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Delta News Oil & Gas

CEPEJ threatens to drag FG to court over gas flare 

A Foremost Niger Delta based Non-Governmental Organization (NGO), the Center for Peace and Environmental Justice (CEPEJ) has called on the Federal Government to compel multinational oil companies to put an end to gas flaring in the oil rich Niger Delta Region and threatened to drag the Government and oil firms to court if nothing was

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News Oil & Gas

Chevron trains 14 young Nigerians to acquire high level oil and gas industry skills

Chevron Nigeria Limited (CNL), the operator of the NNPC/CNL Joint Venture recently completed a 12-month on-the-job-training of seven (7) Nigerian graduates at CNL’s office and field locations. The training was part of CNL’s efforts to assist with building organizational capability in the oil and gas industry. This is the second batch of trainees that have

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News Oil & Gas

NNPC, IOCs Plan Joint Security Apparatus To Curb Oil, Gas Sabotage

The Nigerian National Petroleum Corporation (NNPC) is working closely with the international oil companies (IOCs) to deploy a structured and holistic security apparatus to tackle incidence of oil and gas infrastructure sabotage in the country. This was disclosed in Abuja by the General Manager, Group Security Department of the NNPC, Mr. Sam Otoboeze, who added

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Breaking News Business Oil & Gas

SPDC JV’s Gbaran-Ubie Phase 2 comes on Stream

The Shell Petroleum Development Company of Nigeria Ltd, SPDC, Joint Venture has commenced production at Gbaran-Ubie Phase 2, a key project in the Niger Delta that will help to boost gas supply to the domestic market and maintain supply to the export market. Gbaran-Ubie Phase 2 follows the success of the first phase of the

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News Oil & Gas Rivers

Rivers group accuses NLNG of lopsided recruitment

The Rivers Professionals Group (RPG) has accused the Nigeria Liquefied Natural Gas (NLNG) of excluding citizens of the state from its recruitment exercise of 2013. In a statement issued on Tuesday, Princess Milner-Amadi, spokesperson of the RPG, alleged that the recruitment exercise was skewed in favour of the south-west and the north, with only six

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Breaking News News Oil & Gas

Boroh to South-South Leaders: Think outside the box, oil fast losing relevance

“Very soon, in a space of two years, oil will lose its relevance because there are many researches going on now for a safer and better energy which has reduced the importance of oil.

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News Oil & Gas

Geecoms gets ISO 9001:2015 certification for quality management system

Building on its tradition of leadership in safety and quality compliance within the global pipeline industry, Geecoms Integrated Services Limited has been awarded with International Standard Organisation (ISO) 9001:2015; 14001:2015 and OHSAS 18001:2007 certifications for Quality Management System (QMS) by a global certification body, InterConformity Assessment & Certification Company. The certification is coming after a

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Breaking News Business News Oil & Gas

Shell: We paid $31bn to FG between 2002 and 2016

Shell Petroleum Development Company (SPDC) says it remitted $29.8 billion to the federation account and $1.2 billion to Niger Delta Development Commission (NDDC) between 2002 and 2016. Igo Weli, the company’s general manager, external relations, said this on Monday while speaking to journalists in Port Harcourt. He was reacting to the shut down of SPDC

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Breaking News News Oil & Gas

We can’t stop local refining except you empower us-Ogoni refiners tell FG

Ogoni ex-artisanal refiners popularly called “kpo-fire” have openly informed the Federal government that they will not leave local refining except they see commitment on the side of the government to empower them through any means that could enhance their living standard. They disclosed that  after some of them were delisted from pipelines surveillance by government

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Breaking News News Oil & Gas

NAICE 2017 exhibition: Chevron wins multiple awards

Chevron Nigeria Limited, CNL, operator of the joint venture between the Nigerian National Petroleum Corporation, NNPC, and CNL, emerged Best Exhibitor at the 2017 Nigeria Annual International Conference and Exhibition, NAICE, of the Society of Petroleum Engineers, SPE. The conference which took place July 31 and August 3, 2017, at the Eko Hotels and Suites,

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Breaking News News Oil & Gas

Crude oil production stands at 2.35m bpd – NNPC

The Nigerian National Petroleum Corporation (NNPC) said on Monday the nation’s current crude oil production has risen to 2.35 million barrels per day (bpd). Its Group Managing Director (GMD), Dr. Maikanti Baru, disclosed this at the inauguration of the corporation’s reconstituted anti-corruption committee in Abuja. He said: “In the upstream, we have also been making

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Breaking News News Oil & Gas

NNPC signs $1.8bn oil financing deal with Chevron, Shell

The Nigerian National Petroleum Corporation, NNPC, Thursday, said it has signed two sets of alternative financing agreements worth about $1.78 billion, for two major Joint Venture projects with two of its JV partners, Chevron Nigeria Limited, CNL and Shell Petroleum Development Company, SPDC. The deal also involved a consortium of both local and foreign banks.

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Breaking News Oil & Gas

Neconde clears air on five per cent equity in OML 42

”The most absurd of the allegations by the Gbaramatu Traditional Council is the claim that the Management of Neconde Energy Limited refused to honour an agreement to remit five per cent of its 45 per cent equity to OML 42 host communities”.

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Oil & Gas

2017 NAICE: SPE aimed at disseminating, exchanging technical knowledge-Chair

Society of Petroleum Engineers, SPE, mission  was  to  collect,  disseminate, and exchange technical  knowledge concerning  the  exploration, development and  production  of oil and  gas  resources and  related technologies  for  the  public benefit. SPE, Nigeria Council Chairman, Dr. Saka Matemilola disclosed this yesterday at the 2017 Nigeria Annual International Conference and Exhibition, NAICE. The conference, with the theme, “Riding  the

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Breaking News National Oil & Gas Uncategorized

SPE-NAICE 2017: We’ll stop oil production if cost remains high – Kachikwu

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said the country will have to halt oil production if the cost of producing the commodity remains stubbornly high. Kachikwu stated this today in his address at the opening ceremony of the Nigeria Annual International Conference and Exhibition organised by the Society of Petroleum

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Breaking News News Oil & Gas

South-South Monarchs Must Be Part Of Niger Delta Master Plan – NDDC Chairman

We provide a voice for the South-South and encourage the political class to work together in harmony-King Daukoru

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Breaking News News Oil & Gas

NDDC to prosecutes defaulting contractors, banks over abandoned projects

The Niger Delta Development Commission (NDDC) has said it will prosecutes contractors who abandoned its projects after collecting advance payments as well as commercial banks that issued advance payment guarantee for the defaulting contractors. This is as the Commission declared that it has cancelled over 600 contracts worth over N200Billion as a result of irregularities

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Breaking News Delta News Oil & Gas

OML 42: Kunukunuma alleges planned exclusion, threatened to shut down NECONDE

Kunukunuma Federated Community in Gbaramatu kingdom has alleged plans by Neconde Energy Limited and Nigeria Petroleum Development Commission, NPDC, to remove her from list of OML 42 host communities. The community further alleged that NECONDE and NPDC have concluded plans to hold OML 42 host communities meeting tomorrow, in which it feared Kunukunuma community was not

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Breaking News National News Oil & Gas Rivers

FG to pay NDDC outstanding allowance soon-NDDC Boss

President Muhammadu Buhari has directed the Federal Ministry of Finance, and the Federal Ministry of Budget and National Planning to work with the Niger Delta Development Commission, NDDC, in reconciling all outstanding statutory obligations due the Commission and agree on an immediate payment plan. Managing Director of the NDDC, Mr. Nsima Ekere disclosed this when

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Breaking News News Oil & Gas

Failure to honour Local Content Act, host communities issue quit notice to NECONDE on OML 42

OML 42 Host Communities Forum in Warri South West of Delta State yesterday issued a 21 day ultimatum to  NECONDE to sort some lingering issues raised or quit the area. The host communities also called on the Federal Government to revoke the mining lease licence granted NECONDE, for failing to localized the Local Content Act.

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Breaking News National News Oil & Gas

DPR pegs refineries licensing fees at $150,000 

The Department of Petroleum Resources, DPR, has undertaken a review of its templates and processes of license issuance for the petroleum industry, pegging the fees for granting Licence to Establish (LTE) and Licence to Operate (LTO) of a petroleum refinery at $150,000. The DPR, in a document obtained by newsmen, said the review of its

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