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… Says Oil Pipeline Vandalism Prevents Pumping of Products to Enugu Depot As calm returned to Osisioma Ngwa communities of Abia State following a fire incident last Friday, the Nigerian National Petroleum Corporation (NNPC) has appealed to the host communities to help stem the spate of vandalism of oil pipeline. A release Monday in Abuja …
Continue reading "NNPC Appeals to Communities to Prevail on Oil Pipeline Vandals"
Kachikwu, in his ministerial address at the 11th edition of the international conference and exhibition organised by the Nigerian Gas Association (NGA) in Abuja, explained the country’s continued dependence on oil alone to run her economy was hurting the country and it would need to quickly refocus attention on her abundant gas resources. Ibe Kachikwu …
Continue reading "Kachikwu: Nigeria Currently In Full-Blown Energy Crisis"
by  Bloomberg Javier Blas | Riyadh makes what many read as a veiled threat to use the kingdom's oil wealth as a political weapon. (Bloomberg) -- For 45 years, it’s been considered out of bounds for Saudi Arabia. But all of a sudden, Riyadh made what many read as a veiled threat to use …
Continue reading "Saudis Break 45-Year Taboo with Veiled Oil Threat"
by  Andreas Exarheas Rigzone Staff | Senegal's deepwater SNE field is on track for first oil in 2022, Fitch Solutions Macro Research states in a new report. Senegal’s deepwater SNE field is on track for first oil in 2022, Fitch Solutions Macro Research has stated in a new report. “Key 2018 milestones include the …
The Nigerian National Petroleum Corporation (NNPC) Friday in Abuja reported an oil pipeline fire outbreak along the Osisioma axis near Aba Depot in its System 2E pipeline network. The corporation said the incident might have been caused by suspected oil thieves who had hacked into the line to intercept flow of petrol from Port Harcourt …
Continue reading "NNPC Moves to Contain Oil Pipeline Fire Outbreak at Osisioma, Near Aba"
by  Valerie Jones There's decades of oil and gas excellence in the Govia family. Thirty-five year industry veteran Delfina Govia shares her family's experiences. The year was 1979. Women weren’t allowed to work offshore. And yet, there Delfina Govia was … working as a roustabout on a drilling rig in Lake Maracaibo offshore Venezuela. “Other …
Continue reading "FAMILY AFFAIR: Oil and Gas Has Driven Govia Family to Success"
by  Bloomberg Heesu Lee Oil headed for the biggest 2-day drop since July, with fuels from diesel to gasoline also declining as fears over a worsening trade war rattled markets across the board. (Bloomberg) -- Oil headed for the biggest two-day drop since July, with fuels from diesel to gasoline also declining as fears over …
by  Andreas Exarheas Both global oil demand and supply are now close to new, historically significant peaks at 100 million barrels per day, according to the International Energy Agency. Both global oil demand and supply are now close to new, historically significant peaks at 100 million barrels per day (MMbpd) “and neither show signs of …
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), has commended the leaderships of the National Union of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum and Natural Gas Senior Staff Association (PENGASSAN) for their roles in the prompt resolution of the recently averted planed industrial action. The NNPC GMD made this …
Continue reading "Baru Says Oil Workers Avert Nationwide Strike"
The fourteen Host communities surrounding the Dangote Refinery have accused the Dangote Group/Refinery of conniving with the Lagos State government to use the Nigerian Police and Army in harassing and depriving their Villagers of their Ancestral Lands. In a Press Released signed by Professor Maurice Fangon, Secretary-General, Center for Defense of Human Rights and Democracy in …
Continue reading "DANGOTE REFINERY BILLIONAIRE OWNER ACCUSED OF LAND GRAB BY HOST COMMUNITIES"
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