OIL & GAS
PENGASSAN draws battle line with ExxonMobil over sack
A possible confrontation between members of Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and the management of ExxonMobil is by the corner, following moves by the oil giant to disengage some of its local employees this week, The Nation has learnt.
NNPC, Shell, others sign FID for gas project
The Nigerian National Petroleum Corporation and its joint venture partners on Wednesday in Abuja signed the Final Investment Decision on the development of the 4.3 trillion cubic feet Assa North/Ohaji South Fields in Oil Mining Lease 21.
Total Nigeria announces winners of competition
Total Nigeria Plc has unveiled the winners of the second edition of the Startupper of the Year by Total Challenge in Nigeria.
The company said a jury of local experts selected the winners of the 2018-2019 edition of the competition and they were presented awards at a ceremony on Wednesday in Lagos.
Nigeria’s daily oil production falls to 1.99 million barrels
The nation’s crude oil production including condensate fell to 1.999 million barrels per day in January from 2.081 million bpd in December, according to the Ministry of Petroleum Resources.
NNPC, IOCs Sign FID on Assa North/Ohaji South Gas Fields
The Nigerian National Petroleum Corporation (NNPC) has signed a Final Investment Decision (FID) with its Joint Venture (JV) partners – Shell Petroleum Development Company (SPDC), Total Exploration and Production Nigeria (TEPNG), and Nigeria Agip Oil Company (NAOC) to develop the 4.3 trillion cubic feet (tcf) Assa North/Ohaji South fields (ANOH) located in Oil Mining Lease (OML) 21.
Crude Oil Price Rises to $63 after Saudi Output Pledge
Crude oil price rose yesterday to $63 per barrel after top exporter, Saudi Arabia, said it would cut crude exports and deliver an even deeper cut to its production.
Restive Oil region braces as Nigeria heads toward election
Heavily armed Nigerian troops crouch behind sandbags outside Royal Dutch Shell Plc’s Kolo Creek pumping station, underscoring the tension pervading the oil-rich Niger River delta before general elections on Saturday. As the race between President Muhammad Buhari and his main challenger, Atiku Abubakar, nears its climax on Saturday, the military has stepped up its presence…
Oil privatisation call exposes Nigeria election divide, says FT
Nigeria’s state-owned refinery in Kaduna, a rusted hulk set on about three square kilometres on the parched outskirts of the northern city, has capacity to process 110,000 barrels of oil a day. Last year it processed virtually nothing. The other three state-owned refineries — in the oil-rich Niger delta region in the south of the…
Shell’s three scholarship awardees graduate
THREE beneficiaries of Shell Nigeria Exploration and Production Company’s (SNEPCo) scholarship in the United Kingdom (UK) have returned home after completing their studies.
After ASUU Strike: Lecturers in classes without students
While the Academic Staff Union of Universities, ASUU, last week suspended its three months old industrial action, many stakeholders were excited with the news, believing that at least students and lecturers can now return to classroom.
Why FG, ASUP disagreement lingered
Shortly before lecturers ended their strike on Tuesday, the chairman of the Academic Staff Union of Polytechnics (ASUP), Kaduna Polytechnic chapter, Dr Aliyu Hassan Ibrahim, explained why it took a long time to reach agreement with government.
AFCON U-20: Mali edges Nigeria on penalties
The Flying Eagles of Nigeria had their dream of a record eighth title success dashed Wednesday following a 4-3 penalty shootout defeat to Mali at the 2019 CAF U-20 AFCON in Niger.