NEWS REVIEW FOR WEDNESDAY, JANUARY 31, 2018
Oil & Gas
NNPC Staff, Seven Others Killed by Herders in Benue, Nasarawa
The Benue State Police Command has confirmed that suspected herdsmen may have killed a staff of the Nigerian National Petroleum Corporation (NNPC) working on a pipeline along the border of Benue and Nasarawa States in Guma Local Government Area.
Insecurity stalling oil exploration in Chad Basin, says NNPC
The Nigerian National Petroleum Corporation (NNPC) has said that, there is prospect in the exploration of oil in the Chad Basin, but security challenge has been the major impediment to the success of the project.
Nigeria produces 236.97bcf gas in November
Nigeria’s gas production stood at 236.97 billion cubic feet (bcf), translating to an average daily output of 7,899.01 million standard cubic feet per (mmscfd) in November, 2017.
Oil companies not paying gas flaring penalties — Adeosun
THE Federal Government has accused oil companies of not paying stipulated gas flaring penalties, amounting to loss of revenue in billions of dollars into government coffers.
Nigeria raises hope on end to gas flaring by 2020
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has renewed the Federal Government’s commitment to end gas flaring by 2020.
Explorationists advocate change in regulations for oil, gas operations
Explorationists, under the aegis of the Nigerian Association of Petroleum Explorationists (NAPE) have advocated a new paradigm in oil and gas operations in other to align with current trends of technology in the industry.
Nigeria records 40% local content with $3.3bn Egina FPSO – NAPIMS
National Petroleum Investment Management Services (NAPIMS) said that Nigeria achieved about 40 percent local content with the Total’s $3.3 billion Egina Floating, Production, Storage and Offloading (FPSO).
DPR debunks existence of 2,000 illegal filling stations
Mr Abba Misau, Abuja Zonal Controller of the Department of Petroleum Resources (DPR) on Monday challenged the claim that there were over 2,000 illegal filling stations operating across the country.
Infrastructure deficit jeopardises ease of doing business
The Chairman, Seaport Terminal Operators Association of Nigeria (STOAN), Princess Vicky Haastrup has said that Nigeria will continue to rank poorly on the global Ease of Doing Business Index until critical infrastructural deficits are addressed by government.
Labour Asks FG Not to Transfer Wages to States
Organised labour, under the aegis of Association of Senior Civil Servants of Nigeria (ASCSN), has asked the federal government not to consider issues related to the deregulation of wages under the guise of restructuring the polity.
Employers urged to let workers ‘rest’ during working day
Workers should be given places to rest at work to help boost productivity, according to new official guidance, and as reported by the British Broadcasting Corporation.
This message contains confidential information and is intended only for the individual named. If you are not the named addressee you should not disseminate, distribute or copy this e-mail. Please notify the sender immediately by e-mail if you have received this e-mail by mistake and delete this e-mail from your system