Chevron Nigeria Limited (CNL), operator of the joint venture between the Nigerian National Petroleum Corporation and CNL, has announced the appointment of Jeffrey “Jeff” Ewing to the position of Chairman and Managing Director of Chevron companies in Nigeria.
Nigeria’s oil and gas sector saw a revenue fall of 5 percent between 2013 and 2014, the Nigeria Extractive Industries Transparency Initiative (NEITI) latest report has revealed.
Capt. Emmanuel Iheanacho, Chairman, Integrated Oil and Gas Ltd, on Wednesday, appealed to Federal Government to provide enabling environment for operators to achieve ongoing 20,000 barrels modular refinery targets.
A campaign against crude oil theft mounted this year by The Shell Petroleum Development Company of Nigeria Ltd (SPDC) has highlighted the dangers of crude oil theft and sabotage of pipelines to more than 40 communities in the four local government areas in Ogoni land – Khana, Gokana, Tai and Eleme. “This public service campaign is a clarion call to people involved in crude theft in the Niger Delta, not only in Ogoni land, to stop destroying their land and heritage through pipeline vandalism,” said Osagie Okunbor, SPDC Managing Director and Country Chair, Shell Companies in Nigeria.
Eko Electricity Distribution Plc (EKEDP) has announced that there will be interruption in power supply to some areas within its network between the hours of 10 in the morning and 2 in the afternoon on Thursday, 29th December, 2016.
ExxonMobil could be in for another trouble as fresh oil spill from its facility, has reportedly hit more than 10 communities on the Ibeno shoreline in Akwa Ibom.
Oil prices inched up on Monday in anticipation of tighter crude supply going into 2017 following the decision by OPEC and other producers to cut output to prop up prices.
The Nigerian National Petroleum Corporation (NNPC) on Monday, said steps had been taken to ensure travellers have a hitch-free yuletide.
The Chairman, House of Representatives Committee on Power, Mr Daniel Asuquo has said that a viable and purpose-driven power sector is capable of bailing out Nigeria from the current recession afflicting it.