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Lekoil Loses Board Fight with Metallon

Shareholders of London-listed Nigerian oil company Lekoil voted on Friday to approve an investor’s bid to add three members to the company’s board, in the culmination of a bitter dispute between its founder and its biggest shareholder. The dispute between Lekoil founder and chief executive Lekan Akinyanmi and top shareholder Metallon even drew in Nigeria’s Ministry of Petroleum, and created ...

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How LADOL Overcame 2020 Challenges, Renewed ISO Certifications

Lagos Deep Offshore Logistic Base, LADOL has proven it is still one of the top performing and compliant companies in Nigeria, as it overcame the 2020 challenges and renewed its International Organisation Standardisation, ISO 45001:2018, 14001:2015 and 9001 certifications. In 2018 LADOL became the first company in West and North Africa to be 45001 and 14001 certified. The rapid adaptions, ...

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NUPENG Commends Members for Commitment, Loyalty in spite of COVID-19

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has commended its members for their loyalty and commitment in the year 2020 in spite of the challenges posed by the Coronavirus pandemic. The union commended the members in a statement jointly signed by its National President, Mr Williams Akporeha, and General Secretary, Mr Olawale Afolabi, on Thursday, in commemoration ...

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OVH Energy Enables Education Development in Nigeria through Proactive CSR initiative

……….Set to reward 19 students from host communities with scholarships………. Nigeria’s leading indigenous marketer of choice, OVH Energy is set to drive education development and human capacity building through its proactive CSR activity. Through the organization’s University Scholarship Scheme (USS), OVH Energy will offer a scholarship to 19 qualified students from Universities within the host communities in the current 2020/2021 ...

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NNPC Abandons 10,000 Applicants Amid Alleged Secret Recruitment

Thousands of applicants, who were shortlisted by the Nigerian National Petroleum Corporation to fill positions for the experienced cadre, have written an open letter to the President, Major General Muhammadu Buhari (retd.), alleging foul play. The applicants said while those who applied as graduate trainees had already been employed, others who applied for the experienced category had not been contacted ...

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Labour Accuses FG of Breaching Agreement Over Fuel and Electricity Hike

……by Ibrahim Musa………… The Organised Labour has said that Federal government breached the agreement both had reached couple of months back over the increases in prices of Premium Motor Spirit (PMS) otherwise known as Petrol and electricity.tariff. This they said necessitated their working out of the meeting recently between Labour and the government. However, labour maintained that it will not ...

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NLC Demands Emergency in Oil Downstream Sector

……..Sylva: Subsidy unfair to the………. masses The organised labour yesterday called on the federal government to immediately declare a state of emergency in the downstream arm of the petroleum sector as a means of arresting the rising price of petrol. In addition, it advised the government to enter into a contract with refineries closer home to Nigeria to reduce the ...

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IYC Warns FG Against Planned Relocation Of DPR Office From Lagos To Abuja

The leadership of the umbrella body of Ijaw youths, the Ijaw Youths Council (IYC) Worldwide, has drawn the attention of the Federal Government to the grave consequences if the ongoing move to relocate the headquarters of the Department of Petroleum Resources (DPR) from Lagos to Abuja is implemented. The IYC spoke through its President, Peter Timothy Igbifa, in a statement ...

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PENGASSAN Directs Members to Proceed on Strike

…….by James Ikenna……….. Nigerians are heading toward another excruciating period of fuel scarcity as the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has directed her members to proceed on a nationwide indefinite strike. PENGASSAN said the directive became exigent over Federal Government’s breach in agreement on Integrated Payroll and Personnel Information System (IPPIS) implementation and redundancy in ...

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Chevron Appoints Rick Kennedy As New Chairman And Managing Director

Mr. Richard (Rick) Kennedy has been appointed as the new Chairman and Managing Director of Chevron Nigeria Limited (CNL). CNL is an operator of the joint venture between the Nigerian National Petroleum Corporation (NNPC) and CNL (the NNPC/CNL JV). According to a statement on Wednesday signed by the company’s General Manager, Policy, Government and Public Affairs, Esimaje Brikinn, said the ...

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