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NNPC Announces Top-Management Level Appointments, Redeployments

The Nigerian National Petroleum Corporation (NNPC) has announced new appointments and redeployments in the National Oil Company, as part of ongoing efforts to strengthen and reposition NNPC for greater efficiency, transparency and profitability in line with the Next Level Agenda of President Muhammadu Buhari’s administration. Mr. Adokiye Tombomieye, the Group General Manager, Crude Oil Marketing Division (COMD), has been appointed ...

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Account Officer Needed at E.A Jogax

E.A Jogax Investment Nigeria Limited is an indigenous oilfield service company. We pride ourselves on delivering quality, timely and high standard results for the upstream, midstream and downstream sectors of the oil and gas industries. We are recruiting to fill the position below: Job Title: Account Officer Location: Port Harcourt, Rivers Job Description Ensure accounting, financial documentation and reports are accurate, ...

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ExxonMobil Incurred $3.1 Billion Loss on Gas

Exxon Mobil Corporation incurred an unprecedented second straight quarterly loss as almost every facet of the oil giant’s business slumped amid Covid-19 lockdowns that stunted economic activity. The explorer’s oil and natural gas unit took a hit of as much as $3.1 billion as prices for those commodities slumped, according to a regulatory filing on Thursday. Margins in Exxon’s refining ...

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Pan Ocean and AMCON: Polaris Bank May Intervene and Seek Out of Court Settlement

There are strong indications that Polaris Bank is uncomfortable over Asset Management Corporation of Nigeria (AMCON) moves to take over Pan Ocean Oil Gas company over alleged N240 billion inedebtness. Financial Energy Review gathered that Polaris Bank may have been making moves behind the scene intervening to ensure that the matter is settled out of court. This is to give ...

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NNPC Allays Fears of Possible Fire on Dripping Lagos Pipeline

… Says Leaking Line Contains Water, Not Petrol……..,….. The Nigerian National Petroleum Corporation (NNPC) has called on members of the public to discountenance reports of a possible fire outbreak from a vandalized point on its pipeline at Aboru Canal in Alimosho Local Government Area of Lagos State, saying that the there is no such hazard as the line in question ...

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AKK Project: Fidelity Bank Delighted As Partners Commends Oilserv and NNPC

by Ben Ndubuwa…………….. Fidelity Bank Plc, has expressed delight to be associated with the Ajaokuta – Kaduna – Kano (AKK) Gas Pipeline Project and commended Oilserv Limited, contractors to the project and the Nigeria National Petroleum Corporation (NNPC) for their determination to ensure that the project comes to fruition Speaking at the flag off ceremony of the project at Ajaokuta, ...

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Shell to Enhance Industralisation Through Cleaner Energy

by James Ikenna………… Shell Nigeria Gas (SNG) has said that it’s commitment to encouraging industralisation in Nigeria is unparallel. The Managing Director of SNG, Ed Ubong said that the provision of domestic gas infrastructure to enhance industralization in Aba, Abia State proves the company’s commitment to provide cleaner energy for industrial development in Nigeria. The SNG boss said this at ...

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DISCOs Back Down on Planned Tariff Hike

by Abisola Shola……….. As long as electricity power supply continue to be inadequate in Nigeria consumers will always view with suspicion any plan by the electriic power companies particularly the Distributing companies (DISCOs) to increase tariff. The DISCOs have once again back down on their move to increase electricity tariff after the National Assembly leadership intervened pointing out that Nigerians ...

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AKK Project for Sustainable Economic Growth-Buhari

President Muhammadu Buhari has said that delivery of the 614km Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline project is part of his Administration’s efforts to ensure sustainable development and growth of the nation’s Economy. The President, who stated this Tuesday while flagging off construction works on the AKK project through virtual link from the State House in Abuja to two locations in Ajaokuta ...

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AKK Project: President Buhari Shown Dedication to Local Content Development-Oilserv Chairman

by Ben Ndubuwa……….. The Chairman and Chief Executive Officer (CEO) of Oilserv Limited, Engr. Emeka Okwuosa has said that President Mohammadu Buhari has shown dedication for the development of Local Content and Capacity through the Ajaokuta Kaduna Kano (AKK) gas pipeline project. The Oilserv Chairman at today’s flag off event of the AKK project commended President Buhari for being at ...

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