Truth Is Treasure
OPEC Hails Sylva's Appointment as Minister of State, Petroleum The Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Mr Mohammad Barkindo, has congratulated Mr Timipre Sylva on his appointment as Nigeria’s Minister of State for Petroleum Resources. Barkindo disclosed this in a statement issued on Wednesday. He described the
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From Marcel Duru, Owerri The communities of Oil Producing Areas in Ohaji-Egbema and Oguta Local government Areas of Imo State are demanding over N86billion from oil companies for compensation over environmental degradation or face quit order. Speaing with DAILY ASSET in Asaa, Awarra Ohaji Egbema Local government area, Chief
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Ganiyu Obaaro, with Agency report Saudi Arabia has seriously ramped up its oil exports to China in recent months. The Saudi Kingdom’s crude shipments to China have doubled in the span of a year. During the same period, its oil exports to the U.S. have dropped by nearly two-thirds. According to TankerTrackers.com,
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By Ganiyu Obaaro, Lagos The Nigerian National Petroleum Corporation (NNPC) has announced the winners of its 2019/2020 Direct Sale of Crude Oil and Direct Purchase of Petroleum Products (DSDP) arrangement otherwise known as crude swap. A statement in Abuja by the corporation’s Group General Manager, Group Public Affairs Division, Mr. Ndu
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The Nigerian National Petroleum Corporation(NNPC) says strategic partnership and new investments in the Upstream Petroleum Sector are essential to actualise the growth of the nation’s crude Oil reserves . Group Managing Director of NNPC Malam Mele Kyari, disclosed this when the Executive Vice President of China National Offshore Oil
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Nigeria has reaffirmed its commitment to production adjustments agreement under the Declaration of Cooperation (DoC). The agreement was reached between member countries of the Organisation of the Petroleum Exporting Countries (OPEC) and Non-OPEC Countries. Nigeria’s Representatives on the OPEC Economic Commission Board and Group Managing Director, Nigerian National Petroleum Corporation, Malam
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The Department of Petroleum Resources (DPR) yesterday sealed 15 filling stations and two gas plants for noncompliance with global best practices. DPR’s Operations Controller in Osogbo, Mr Ademola Makinde, disclosed this while speaking with newsmen after the department’s routine surveillance of filling and gas plants in the state. Makinde said the
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By Edith Ike-Eboh Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr Kyari, has urged the public to be wary of attempts to drag the corporation into politics in the guise of requests for information under the Freedom of Information Act. Kyari gave the warning in Abuja on
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The Shell Petroleum Development Company (SPDC) on Tuesday, inaugurated the upgraded and remodelled Kolo General Hospital as part of efforts to commemorate the discovery of commercial oil quantities at Oloibiri in Bayelsa state. Speaking at the event , Mr Osagie Okunbor, Managing Director of SPDC noted that Oloibiri holds
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By Gom Mirian, Abuja The National Oil Spill Detection and Response Agency, NOSDRA, has on Tuesday insisted that all operators in the petroleum industry must comply with the regulations of the agency or face sanctions. The Director General, National Oil Spill Detection and Response Agency, Musa Idris, made the
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