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Business and Economy

Oil, gas sector facing sharp low revenues — NNPC boss, Kachikwu

Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), Dr Ibe Kachikwu, Monday, disclosed that industry  was facing a sharp lower revenues from the country’s oil assets. Kachikwu said this at the 33rd Annual International Conference and Exhibition organised by Nigerian Association of Petroleum Explorationists (NAPE) in Lagos. The NNPC …

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(Photonews) ‘Dinner with His Excellency’ organized by Lagos State Security Trust Fund at Victoria Island

Lagos State Governor, Mr. Akinwunmi Ambode  discussing with the Corporate Affairs Adviser, Nigerian Breweries PLC., Mr. Kufre Ekanem  and the Deputy Managing Director, Dana Group of Companies, Mr. Gautam Hathiramani during a ‘Dinner with His Excellency’ organized by the Lagos State Security Trust Fund (LSSTF) at Ademola Adetokunbo Street, Victoria …

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SNEPCo promotes (M)Ethanol clean cookstoves in drive for safer cooking method in Nigeria

Shell Nigeria Exploration and Production Company (SNEPCo) has signed an agreement with Project Gaia Prospects Limited (PGPL) for the conduct of a pilot study on the use of Ethanol clean cookstoves, a cleaner and safer way of cooking. SNEPCo will provide 2,500 clean cookstoves and 15,000 canisters for distribution to …

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SPDC JV collaborates with PETAN, foreign manufacturers on Nigerian content

The development of indigenous manpower for the oil and gas industry received a boost last Friday as 40 engineering and geosciences graduates passed out from a one-year internship programme organised by the Shell Petroleum Development Company of Nigeria (SPDC) operated Joint Venture and Petroleum Technology Association of Nigeria (PETAN), a …

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Reorganisation of Customs: New DCGs, ACGs appointed

The Comptroller-General of Nigeria Customs Service, Colonel Hameed Ali (rtd), has approved the appointment of six acting Deputy Comptrollers-General of Customs in the ongoing re organisation of the Service. The six Officers are moving from the rank of Assistant Comptrollers-General, to occupy the positions of Deputy Comptrollers-General in acting capacity. …

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91 companies tender bid for NNPC Coastal, Bunkering Vessels Service contract; as Kachikwu reaffirms commitment to transparency

The Nigerian National Petroleum Corporation (NNPC), Thursday, embarked on the public harvesting of technical bids submitted by a total of 91 companies consisting largely of indigenous vessel owners vying to secure contract for the provision of Coastal and Bunkering Vessel Services for the operations of the Pipelines and Products Marketing …

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SPDC’s healthcare drive in Bayelsa State reaches 5000 people

  About 5000 people in Oloibiri area of Bayelsa State have benefitted from a health outreach organised by the Shell Petroleum Development Company of Nigeria Ltd (SPDC) Joint Venture in furtherance of its Health-in-Motion campaign. Working closely with the Bayelsa State Government, Ogbia Local Government Council and other partners, SPDC …

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