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The Nigerian National Petroleum Corporation (NNPC) has invited local and international companies to submit bids to lift Nigerian crude and condensates for 2021. S & P Global reported that these crudes normally command a premium to Dated Brent, since they are largely light and sweet, making them rich in gasoline and middle distillates, and so are popular with global refiners. ...

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Many indigent youths in Ibeju-Lekki area of Lagos State are now counting their fortunes and reaping the benefits from the first batch of the vocational training programme organized by Dangote Oil Refinery. So far, some of the youths who took part in the first batch of the programme which started in 2019, have secured jobs with Dangote Oil Refinery Company, ...

By Jenifer Dike………… The Minister of State for Petroleum Resources, Chief Timpre Sylva has said that the National Assembly (NASS) may have to suspend its 2020 annual recess in order to fast track the passage of the Petroleum Industry Bill (PIB) which he said should be ready by February 2021. The need to fast track the passage of the bill ...

The Chairman of SPE Nigeria Council, Joe Nwakwe, said this while addressing the press on the forthcoming SPE Nigeria Council virtual conference titled: “Nigeria Energy Industry Transformation Summit (NEITS)” slated for August 25-27, 2020. He said the summit will feature notable speakers drawn from across the industry to speak on Nigeria’s refining capacity, economic diversification and relevance of Nigeria’s fossil ...

Fidelity Bank Plc has notified the Nigerian Stock Exchange (NSE) and the general public of the appointment of Mrs Nneka Onyeali-Ikpe, as the incoming Managing Director/Chief Executive Officer, effective Jan. 1, 2021. The bank made the announcement in a notice on the NSE website, signed by Ezinwa Unuigboje, its Company Secretary. The notice said the appointment followed the impending retirement ...

Nigeria National Petroleum Corporation (NNPC), Shell Nigeria Exploration and Production Company Limited (SNEPCo) and its co-venture partners hereby invites applications from qualified Nigerian students for the 2020 NNPC/SNEPCo National University Scholarship Programme. Applications are invited for: 2020 NNPC / SNEPCo National University Scholarship Programme The aims to promote academic excellence and improve the skills of young Nigerians. It provides yearly ...

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has charged the newly reconstituted Board of the Petroleum Products Marketing Company (PPMC) to sustained all-season availability of products across the country.  Mallam Kyari who made the call Thursday while inaugurating the new Board of the corporation’s downstream subsidiary at the NNPC Towers, Abuja, said PPMC ...

by James Ikenna……………. Institutional and Governance Reformes have been identified as two key factors that will enable the Petroleum industry be more impactful in the nation’s econmy as these will engender investment and diversification. Speaking at the webinar hosted by Emmanuel Egbogah Legacy titled “Petroleum Industry Reform: Key to Diversification of Nigeria Economy” Professor Wumi Iledare said that diversification will ...