………by Jenifer Dike……. In the last couple of weeks, the price of crude oil has been surging high. The price last week rallied to $65per barrel, the highest in thirteen months. This was after oil price sank to sub-zero level in the wake of the Covid-19 pandemic in 2020. Ordinarily, for a country like Nigeria that is heavily dependent on ...
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SEPLAT Appoints Okechukwu Mba as Managing Director for ANOH
Seplat Petroleum Development Company Plc has announced the appointment of Mr Okechukwu Mba as the new Managing Director of ANOH Gas Processing Company (AGPC) Limited, the Incorporated Joint Venture (“IJV”) between Seplat and the Nigerian Gas Company (“NGC”), a wholly-owned subsidiary of Nigerian National Petroleum Corporation (“NNPC”). ANOH Gas Processing Company (AGPC) Limited is a midstream gas company committed to ...
Read More »Protesters Descend on Seplat Facilities in Sapele, Delta State
Protesters in their hundreds descended on Seplat facilities in Sapele, Delta State this week demanding for jobs and infrastructure development. The protesters, who stormed the facility, lamented that they were not benefiting from the community’s oil wealth, and demanding an end to what they tagged, oppression and intimidation from the management of the company, The protesters with inscriptions like ‘ ...
Read More »Lekoil Appoints Aisha Muhammed-Oyebode Board Chairman
Lekoil Nigeria Limited, the oil and gas exploration and production company and affiliate of Lekoil Limited Cayman, has announced the appointment of Mrs. Aisha Muhammed-Oyebode as Chairman of the Board. Prior to this appointment, Mrs. Oyebode served as Interim Chairman and brings her vast experience to the Board. Muhammed-Oyebode is the CEO of the Murtala Muhammed Foundation and Group Chief ...
Read More »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 ...
Read More »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, ...
Read More »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 ...
Read More »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 ...
Read More »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 ...
Read More »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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