by Chimaka Praise……, Shell Petroleum Development Company (SPDC) is shopping for Senior Medical Laboratory Technologist. The company is the pioneer and leader of the petroleum industry in Nigeria. Over the years Shell has been investing heavily on its employees, which is reflected in the company’s industry-leading development programmes “Our commitment to see our employees’ ideas travel and come to fruition” ...
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Refineries Should be Privatized and PPPRA, PEP Acts Repealed-CSOs
by Musa Ibrahim……….. A coalition of 14 civil society organizations (CSOs) have called on the federal government to urgently privatize the country’s four refineries and save the nation from additional revenue loss. This advice according to them is predicted on the fact that there is going to be a downturn in the Nigerian economy post Covid-19. In a statement released ...
Read More »OPEC Countries Capital Expenditure Set to Decline from $100 Billion to $51Billion
by James Ikenna……….. Following the oil price collapse and the period of the OPEC+ agreement; the total oil field expenditure among OPEC countries is expected to decline from $100 billion in 2014; $63 billion in 2019 to $51 billion at the end of this year 2020. Investments are not expected to grow among the OPEC countries until the year 2022 ...
Read More »Crude Oil to Hit $100 per Barrel in 18 Months
by Abisoye Shola…… The Chairman and Chief Executive of Orascom Investment Holding and the Chief Executive Officer of Naguib Sawiris have predicted that oil price will hit $100 per barrel in next 18 months. According to reports monitored from an interview with CNBC, Sawiris said that post covid-19, the shale oil industry will experience a hiccup due to lack of ...
Read More »NSE Commits N100 Million Against Covid-19
The Nigerian Stock Exchange (NSE) is to commit N100 million to support the fight against convid-19 The exchange explained in a statement on Thursday that N60 million out of the N100 million would be donated to the Capital Market Support Committee for COVID-19 (CMSCC). It said that the balance of N40 Million would be devoted to the “Masks For All ...
Read More »President Bihari Reconstitute the Board of NBET
President Muhammadu Buhari has reconstituted the Board of Directors of the Nigeria Bulk Electricity Trading Company Plc (NBET). The Federal Ministry of Finance, Budget and National Planning, said in a statement that President Buhari has given approval for the Board to be reconstituted. The Minister of Finance, Budget and National Planning, Zainab Ahmed, is the Chairman, with Director General of ...
Read More »NLNG Hands Over Bonny Holding Centre, Part of N1 Billion Intervention for Rivers
by Ben Ndubuwa As part of it’s N1 billion covid-19 intervention project the Nigeria LNG Limited early this week handed over a 10-bed Holding Centre, which it donated to the Bonny Zonal Hospital as part of support to it’s host community. This hand over comes closely on the heels of the donation of two vehicles, medical and other materials to ...
Read More »WAPCo invests $2.6m in scholarship, skill acquisition
The West African Gas Pipeline Company Limited (WAPCo) said it has invested over $2.6million (N988,000,000.00) in the past seven years in form of Scholarship Program for Tertiary Institutions and Skill Acquisition programs for those interested in learning a skill among its host communities.According to the Managing Director of WAPCo, Mr. Gregory Germani, the past months have clearly shown us how ...
Read More »NNPC Reduces Ex- Depot Price of PMS
The Nigerian National Petroleum Corporation (NNPC) Wednesday announced a reduction in the ex-depot price of petrol from N113.28k per litre to N108.00K per litre across all its products loading facilities as well as in its thru put operations. A release today in Abuja by the corporation’s Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, quoted the Managing Director ...
Read More »Total Moves to Generate 25,000MW Renewable Energy in 2025
by James Ikenna…………. Total, one of the leading multinational oil and gas company is presently targeting gross renewable power generation capacity of 25GW by the year 2025 as it plans to continue expanding into renewable energies. The company has also set a target of net-zero emissions by 2050 or sooner for its worldwide operations. According to the company it will ...
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