Oil and Gas Archives - The Glitters Online

SPDC Reports 51 Leaks In N/Delta This Year

Kazeem Tunde — Tue, 15 Jun 2021 12:58:14 +0000

SPDC Reports 51 Leaks In N/Delta This Year Shell Petroleum Development Company of Nigeria (SPDC) says it has so far recorded 51 leaks from its oil production activities in the Niger Delta in 2021. According to data obtained by the News Agency of Nigeria (NAN) from the oil firm’s website on Tuesday, 44 of the […]

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FG Promoting Modular Refineries, New Vision For Niger Delta – Osinbajo

Kazeem Tunde — Tue, 16 Mar 2021 20:00:33 +0000

FG Promoting Modular Refineries, New Vision For Niger Delta – Osinbajo Vice President Yemi Osinbajo says the integration of artisanal and modular refinery operators into the mainstream oil and gas sector will boost local content in the industry. Osinbajo’s spokesman, Laolu Akande, in a statement on Tuesday in Abuja, said the vice president spoke virtually […]

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Labour Seeks Openness In Determining Fuel Price Template

Kazeem Tunde — Tue, 23 Feb 2021 05:48:48 +0000

Labour Seeks Openness In Determining Fuel Price Template Organized labour, Monday, canvassed openness and public participation in determining the petrol price template for the country, even as indications have emerged that a new price of petroleum products will emerge in March. President of the Nigeria Labour Congress (NLC), Ayuba Wabba, said the present pricing […]

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FG To Reactivate Moribund Oil, Gas Support Facilities – DPR boss

Kazeem Tunde — Mon, 22 Feb 2021 19:30:39 +0000

FG To Reactivate Moribund Oil, Gas Support Facilities – DPR boss Mr Sarki Auwalu, Director, Department of Petroleum Resources (DPR), says the Federal Government is committed to reactivating all moribund oil and gas support facilities across the country. Auwalu said this was part of the government’s effort to increase domestic refining capacity and gas […]

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Nigeria To Upgrade Oil Downstream Sector- DPR

Kazeem Tunde — Wed, 10 Feb 2021 20:01:29 +0000

Nigeria To Upgrade Oil Downstream Sector- DPR The Department of Petroleum Resources (DPR) Wednesday said the Federal Government is making efforts to upgrade the downstream of the petroleum industry to the global standard. The downstream has the capacity to improve revenue from the oil and gas sector, increase contribution to Gross Domestic Product and […]

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Oil Price Hits $60 Per Barrel As Iraq, Kazakhstan Cut Output

Kazeem Tunde — Tue, 09 Feb 2021 11:37:05 +0000

Oil Price Hits $60 Per Barrel As Iraq, Kazakhstan Cut Output The price oil has risen to $60 per barrel in the international market as Iraq and Kazakhstan commit to the Organisation of Petroleum Exporting Countries, OPEC oil cut deal. For instance, the price of Brent, usually used to b`enchmark other oil prices rose […]

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PIB: Host Communities Insist On 10% Equity Share

Kazeem Tunde — Mon, 01 Feb 2021 05:01:24 +0000

PIB: Host Communities Insist On 10% Equity Share By Taiye Lawal There are indications that the Petroleum Industry Bill (PIB) may suffer setback if the Federal Government fails to approve the 10 per cent of operational gains being demanded by the Host Communities of Nigeria Producing Oil and Gas (HOSTCOM.) While the government proposed 2.5 […]

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Dutch Court Orders Shell To Pay Nigerian Farmers Over Oil Spills

Kazeem Tunde — Fri, 29 Jan 2021 13:34:25 +0000

Dutch Court Orders Shell To Pay Nigerian Farmers Over Oil Spills A Dutch court on Friday ordered Shell to pay compensation in a long-running case brought by four Nigerian farmers who accuse the oil giant of causing widespread pollution. After 13 years of legal wrangling, an appeals court in The Hague ruled that Shell’s […]

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Nigeria Will Maintain Its Position As Regional Leader In Oil And Gas Industry- Buhari

Kazeem Tunde — Thu, 21 Jan 2021 19:51:18 +0000

Nigeria Will Maintain Its Position As Regional Leader In Oil And Gas Industry- Buhari President Muhammadu Buhari Thursday declared that Nigeria will strengthen its position as regional leader in the oil and gas industry, even as his administration will spare no effort in ensuring maximum benefit from the nation’s huge natural resources. Speaking at […]

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DPR Shortlists 161 Companies For Final Stage Of Marginal Oilfield Bid Round

Kazeem Tunde — Thu, 31 Dec 2020 18:59:27 +0000

DPR Shortlists 161 Companies For Final Stage Of Marginal Oilfield Bid Round The Department of Petroleum Resources (DPR) says 161 successful companies have been shortlisted to advance to the next and final stage of the bid round process for 57 marginal oilfields in the country. Mr Paul Osu, Head, Public Affairs, DPR, told NAN […]

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