Oil & Gas articles

NUPENG describes proposed N5 petrol levy as a huge joke

NUPENG describes proposed N5 petrol levy as a huge joke

The Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) has criticised the proposed N5 increse in petrol price by the senate, describing it as a huge joke. Speaking in Lagos on Saturday, Tokunbo Korodo, south-west chairman of the union, said the proposal was ill-timed and also lacked sensitivity to the current economic hardships facing


The Africa Network for Environment and Economic Justice, ANEEJ, has commended the Senate of the Federal Republic of Nigeria for the passage of a segment of the Petroleum Industry Governance Bill, PIGB and says that this milestone is a credit to the progressive disposition of the federal government, to carry out far-reaching reforms to turn

Salient issues in Houston launching of Bayelsa/Oloibiri roundtable

By Daniel Iworiso-Markson The recently concluded Oil and Gas Trade Conference (OTC) in Houston, Texas, United States of America was an exciting engagement with industry tradition of regularly reviewing and enhancing operational standards and development. For the Nigerian delegation consisting of the Minister of State for Petroleum, Dr. Ibe Kachukwu and top government officials, CEOs

BOOK REVIEW: ANEEJ expands the oil subsidy debate with new book

Title: Fatality of Nigerian Oil Subsidy Politics. ISBN 978-978-959-255-8 Authors: The Rev David Ugolor & Comrade Leo Atakpu. Publisher: The Africa Network for Environment and Economic Justice (ANEEJ) Number of Pages: 76. Reviewer: Erhisohwode Assurance Ovie. A book is a work of art requiring a lot of discipline and painstaking dedication and commitment in all

NNPC woos investors, showcases multi-billion dollar investment opportunities

In its bid to woo investors, the Nigerian National Petroleum Corporation (NNPC) has unveiled multi-billion dollar investment opportunities in the Nigerian oil and gas sector. Group Managing Director of the Corporation, Dr. Maikanti Kacalla Baru, unveiled these opportunities before international investors at the ongoing Offshore Technology Conference (OTC) taking place in Houston, Texas, United States

2019 target of exiting PMS importation achievable, says NNPC

The 2019 target set by the Nigerian National Petroleum Corporation to exit importation of Premium Motor Spirit (PMS) is still achievable, Group Managing Director, Dr. Maikanti Kacalla Baru, has said. Dr. Baru made this known while fielding questions from journalists on the sidelines of the ongoing Offshore Technology Conference (OTC) in Houston, United States, yesterday.

Malabu asks court to stop FG from signing $13bn project with Shell, Agip

Malabu Oil and Gas Limited has asked the federal high court to stop Shell Nigeria Exploration and Nigerian Agip Exploration Company Limited from signing a final investment decision (FID) on the $13.5 billion Zabazaba deepwater project located in the controversial OPL245. Malabu is also asking for an interlocutory injunction restraining the federal government and the