Host Communities Critical Stakeholders In The Oil Industry: Lokpobiri The Minister of state for Petroleum Resources (Oil), Heineken Lokpobiri, has disclosed that Host Community Trust Fund is a crucial component of the Petroleum Industry Act designed to ensure that oil and gas bearing communities benefit from the energy sector. Speaking when he granted audience with…
Lokpobiri Calls for PETROAN’s Support in Oil Sector Reforms Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has emphasized the crucial role of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) in the success of the government’s ongoing reforms in the oil sector. Hosting a delegation from PETROAN, which visited to…
Global Leaders, Industry Players Dialogue On Global, Regional Challenges And Energy Transition. Global Leaders and industry players has engaged on global regional challenges, Africa’s development and energy transition. The engagement by the leaders took place at the just concluded World Economic Forum (#WEF25) in Davos, Switzerland, In a statement issued by the Nigeria Minister of…
Tarrif Increment: Ekiti Monarch Tasks Telecommunication Providers to Improve Services The Alawe of Ilawe-Ekiti, Oba Adebanji Ajibade Alabi, AFUNTADE 1 has tasked telecommunication service providers to match their costs with good services following the recent 50 percent tarrif increment. Reacting through his Media Adviser, High Chief Ajibade Olubunmi, Oba Alabi frowned at the poor services…
Norway doubles down on Oil and Gas •Norway’s oil and gas investment is expected to reach a record high in 2025, driven by new exploration activity and increased demand for Norwegian gas. •While Norway is a leader in renewable energy, it continues to invest heavily in oil and gas production, raising concerns about its climate…
NAFDAC Seals Abuja Chinese Supermarket For Violating Regulations. By Shalom Oludele National Agency for Food and Drug Administration and Control (NAFDAC), on Monday in Abuja, sealed a Chinese supermarket for violating NAFDAC regulations. The Chinese supermarket located at Azba Mall, 2 Durban Street, Wuse 2, Abuja, would undergo investigation for allegedly selling goods labelled…
Minister Of Petroleum List Achievements, Commends President Tinubu Oil Sector Reforms. The Honourable Minister of State for Petroleum Resources (Oil) Senator Heineken Lokpobiri, has attributed the successes recorded in the oil sector to the presidential directive to ramp up oil production to a sustainable level. Lokpobiri who made this known through a statement issued to…
Nigerian Content Level Hits 56% as Ministers, Stakeholders Hail NCDMB on Developmental Initiatives … NCDMB, BoI Sign Agreement on N15bn Community Contractor Fund The Nigerian Content performance level in the oil and gas industry has hit 56 percent in 2024, the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe announced…
Port Harcourt Refinery Yet To Commence Bulk Sales – NNPC By Shalom Oludele The Port Harcourt Refining Company, PHRC, is yet to commence bulk sales neither has it opened its purchase portal, because essential processes are still being finalised. The Nigerian National Petroleum Company (NNPC) Limited has said an official announcements will be made…
Aviation Sector: NSIB DG Seeks Reps’ Partnership to Address Poor Funding, Other Challenges. …As Reps C’ttee Reiterates Commitments to make Nigeria Air Space safe for all …Invites contractor to appear before committee over slow pace of building project at NSIB training centre By Saheed Badmus Director-general/chief executive officer…
