News Oil & Gas

Chevron to sack 25 percent of staff in Nigeria

By Ebi Perekeme Chevron Nigeria Limited has said it will slash its workforce by 25 percent as it is reviewing its manpower requirements in the light of the changing business environment. CNL disclosed this on Friday in a statement entitled ‘Chevron Nigeria Limited reviews workforce in accordance with business exigencies’. The oil major said it

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National News Oil & Gas

PIB: NNPC won’t be scrapped but commercialized – Sylva

By Joshua Williams The Minister of State for Petroleum Resources, Hon. Timipre Sylva has said the Nigeria National Petroleum Corporation (NNPC) will not be scrapped but commercialised if the Petroleum Industry Bill (PIB) is passed into law. Sylva, who spoke with newsmen on Monday evening after a closed-door meeting with the leadership of the National

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News Oil & Gas

We didn’t lay-off 175 employees, Chevron explains

By Ebi Perekeme The management of Chevron Nigeria Limited has insisted that it did not lay off 175 of its employees, rather one of our independent contractors did. The company also stated that it has engaged the leaders of the Nigerian Union of Petroleum and Natural Gas Workers, NUPENG, on a possible resolution with the

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National News Oil & Gas

Why we’re against AKK pipeline project – Ijaw elders in diaspora

…We need $4bn to ameliorate destructions on Ijaw land By Ebi Perekeme Even as Nigerians celebrate the decision of President Muhammadu Buhari led government on the commencement of the Ajaokuta–Kaduna–Kano (AKK) Pipeline Project, the Ijaw National Congress and Bayelsa Center in United States, has kicked against the project. This is coming even as the group

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National News Oil & Gas

Why AKK Pipeline must be completed in 18 months – Stakeholders to FG

By Ebi Perekeme Sequel to the federal government mandate on strategic industrial development and economic diversification agenda in Nigeria, stakeholders in the nation economy have demanded that the Ajaokuta-Kaduna-Kano (AKK) pipeline project must be completed in 18 month. The stakeholders also called on the federal government to expedite the realization of the full AKK project

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News Oil & Gas

Niger Delta: PIND fingers unemployment to cause of youth restiveness

Dara Akala, executive director of Foundation for Partnership Initiative in the Niger Delta (PIND), has attributed the restiveness and conflict in the Niger Delta to youth unemployment. The Niger Delta has a history of unrest and militancy; attacking oil infrastructure and kidnapping employees of oil companies for ransom. To restore calm in the region, the

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News Oil & Gas Rivers

Ogoni mandates oil companies to liaise with natives before resuming operation

By Ebi Perekeme  Ogoni oil producing communities in Rivers state on Wednesday declared that any oil firm desirous of resuming exploration in the area must come to terms with the people before enjoying freedom to operate whatever license secured from federal government. Barituka Loanyie, President, Ogoni Oil Producing Community Youth Forum (OOPCYF) said in Port

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News Oil & Gas

Pathetic! Senate reveals NDDC’s IMC collect 30% of contracts before contractors

The Senate has revealed that the new head of the Interim Management Committee, IMC, of the Niger Delta Development Commission, NDDC, Professor Kemebradikumo Pondei and other members of the Committee now collect 20 per cent to 30 per cent of contract sums before Contractors are paid. This is contained in the report of the Senator

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Bayelsa News Oil & Gas

Bayelsa: Shell Nigeria in talks with host communities on development fund review

The Shell Petroleum Development Company of Nigeria (SPDC) has begun discussions with 12 host communities in Bayelsa which demanded upward review of development obligations. SPDC’s Media Relations Manager, Mr Bamidele Odugbesan, gave the assurance in an interview with the newsmen on Saturday in Yenagoa. SPDC has since 2006 been administering community development initiatives driven by

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Business News Oil & Gas

SPDC cries out over deep financial loss

Royal Dutch Shell has reported a deep financial loss after a record writedown on the value of its oil and gas assets due to the collapse in global market prices triggered by coronavirus. The Anglo-Dutch oil giant revealed a net loss of $18.3bn (£14.1bn) for the second quarter of 2020, down sharply from a net

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Bayelsa News Oil & Gas

Bayelsa: Oil-producing communities demand $10m development funding

Aggrieved oil-producing communities in Bayelsa State under the auspices of the Iduwini, Mein, Kou, and Bassan Cluster Development Board have asked the Shell Petroleum Development Company of Nigeria Limited (SPDC) to review annual development funding from $1million to $10million to their areas. The also demanded the payment of outstanding $14million for sea anchorage for vessels

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News Oil & Gas

Contractors in Kantu, Odidi declare chairman Neconde Energy enemy to the communities

By Godbles Motiola, Joshua Williams & Joel Fesingha The indigenous contractors in Kantu and Odidi communities in Warri South-West Local Government Area of Delta state, have on Friday, declared the Chairman, Neconde Energy Limited, Dr. Ernest Nnaemeka Azudialu-Obiejesi, popularly known as Obijackson an enemy to the region. Neconde, an indigenous oil and gas company, operates

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Delta News Oil & Gas

Escravos Oil Threats: Okowa discloses talks had with FG over oil bearing communities

Governor Ifeanyi Okowa of Delta State on Wednesday disclosed that the Federal Government and Delta State government had far-reaching discussions towards setting table for dialogue on demands of oil bearing communities and tasked them to be patient. Ijaw of Gbaramatu Kingdom, Itsekiri and Urhobo bodies, who spoke via their respective spokesmen, Chiefs Godspower Gbenekama, Mike

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Delta News Oil & Gas

Gbaramatu, Itsekiri threats to shutdown oil, gas operation: Okowa sues for peace

By Ebi Perekeme  Again, the Delta State Governor, Ifeanyi Okowa, has called on the Gbaramatu Kingdom, Itsekiri and Urhobo bodies to embrace peaceful dialogue. Okowa also stated that the constant disagreements and threats across the region had chased away companies and some of the projects they are demanding for now. The governor’s advice is coming

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National Oil & Gas Politics

Supreme Court upheld Douye Diri election as Bayelsa governor

By Ebi Perekeme  Following an appeal filed by Mr. Timi Alaibe, the governorship aspirant for the Peoples Democratic Party in Bayelsa State, challenging the emergence of Governor Douye Diri as the party’s candidate in the 2019 election, the Supreme Court on Tuesday dismissed the appeal. A five-man panel of the Supreme Court led by Justice

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National News Oil & Gas

NNPC sacks 850 contract workers in refineries, allege stakeholders in oil & gas

The Nigeria Union of Petroleum and Natural Gas Workers and the Petroleum and Natural Gas Senior Staff Association said on Monday that the Nigerian National Petroleum Corporation had sacked 850 contract workers at the nation’s refineries. The unions disclosed this in a joint statement signed by the National President, NUPENG, Williams Akporeha, and his counterpart

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National News Oil & Gas

Buhari reconstitutes Board of NLNG since 2005

President Muhammadu Buhari, July 12, reconstituted the Board of the Nigerian Liquefied Natural Gas Limited (NLNG), for the first time since 2005, and Bonny Gas Transport Limited (BGT), appointing King Edmund Daukoru as Chairman and President of the Board of the NLNG and BGT respectively. Edmund Daukoru, the Amayanabo of Nembe, was former Minister of

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National News Oil & Gas

Revised PIB to be transmitted to N’Assembly

The Minister of State, Petroleum Resources, Mr Timipre Sylva, at the weekend disclosed that in the next two weeks, the ministry will transmit the revised Petroleum Industry Bill (PIB) to the National Assembly so that work on it can begin fully. Speaking during an interview on Arise Television, the broadcast arm of THISDAY newspapers, the

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News Oil & Gas

Chevron affirms commitment to STEM education

As part of the efforts to promote quality science education in Nigeria and other parts of Africa, Chevron co-sponsored the inaugural edition of the Summer Engineering Academy (SEA) virtual conference, organized by the Africa Leadership Academy (ALA). This initiative is designed for highly motivated and talented high school students from Nigeria and Angola, who are

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National News Oil & Gas

Chevron raises alarm over false recruitment alert

By Ebi Perekeme  Chevron Nigeria Limited (CNL), operator of the NNPC/CNL Joint Venture, has on Thursday, dissociated itself from the circulation of false recruitment information posted by unscrupulous persons and organizations in several media and online channels, advertising job positions in CNL. The company stated that fraudulent job offers have reportedly been sent through emails,

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News Oil & Gas

Oil Facilities Shutdown: Tension in Delta, as 10 days ultimatum expires

By Ebi Perekeme As the 10-day ultimatum issued by the Gbaramatu kingdom in Warri South-West Local Government Area of Delta state to the Federal Government ends today, there seems to be visible tension, as residents were seen stocking their homes with food in fear of the outcome. The kingdom had issued a 10-day ultimatum, which

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National News Oil & Gas

Still on Ajaokuta–Kaduna–Kano (AKK) Gas Pipeline

The Ajaokuta–Kaduna–Kano (AKK) pipeline is a 614km-long pipeline being developed by Nigerian National Petroleum Corporation (NNPC) to transport natural gas from the Niger Delta to central Nigeria. The £2.2bn ($2.8bn) pipeline project represents phase one of the 1,300km-long Trans-Nigerian Gas Pipeline (TNGP) project, which is being developed as part of Nigeria’s Gas Master Plan to

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National News Oil & Gas

NNPC discloses that 19 pipelines were vandalized in March

The Nigerian National Petroleum Corporation (NNPC) has disclosed that 19 pipeline points were vandalised in the month of March representing about 47 per cent decrease from the 32 points recorded in February 2020. The corporation disclosed this on its Monthly Financial and Operations Report (MFOR)for the month of March released in Abuja, on Wednesday. It

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News Oil & Gas

Sylva inaugurates governing council of NCDMB

The Minister of State for Petroleum Resources, Chief Timipre Sylva on Tuesday in Abuja inaugurated the new Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB), with a charge to the members to support the attainment of the Nigerian Content 10-Year Strategic Roadmap. He stated that accomplishing the lofty goals of the roadmap

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National News Oil & Gas

NNPC pipeline security contractors lament nonpayment of salaries

The Nigerian National Petroleum Corporation (NNPC) pipeline surveillance and security contractors have cried out over the nonpayment of their salaries for 10 by UTM Offshore Limited. Some of the workers, who spoke exclusively to our reporter but pleaded anonymity, said that as a result of the situation, life had become very difficult for them. “Life

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National News Oil & Gas

NNPC working on building a condensate refinery – MD

Mele Kyari, the group managing director of the Nigerian National Petroleum Corporation (NNPC), says the country is working on building a condensate refinery towards the goal of self-sufficiency in refined petroleum products. Speaking on Friday at a virtual conference organised by Atlantic Council, Kyari said the corporation aims to have a total refinery capacity of

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News Oil & Gas

1,300 oil spill occurred in parts of Nigeria between 2018-2019 – Report

Over 1,300 oil spill incidents occurred in various parts of Nigeria between 2018 and 2019, latest figures compiled by the National Oil Spill Detection and Response Agency have revealed. It was also gathered that most of the oil spills were caused by the activities of vandals who break pipelines to steal petroleum products. The Director-General,

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National News Oil & Gas

NOSDRA reveals cause of dead fishes on N’Delta coastline

The National Oil Spill Detection and Response Agency (NOSDRA) has attributed the presence of dead fishes littering the Atlantic coastline in the Niger Delta to toxic wastes discharged from domestic and industrial sources. NOSDRA had in May said it was coordinating a multi-agency investigation to unravel the cause of the massive deaths of fishes along

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News Oil & Gas

SPDC denies having hand in dead fishes floating N’Delta coastline

The Shell Petroleum Development Company (SPDC) said on Monday that the dead fishes floating the Niger Delta coastline had nothing to do with its operations. Residents along the Atlantic coastline in Delta, Bayelsa, Rivers and Akwa Ibom have reported massive death of croaker fish species since February, raising concerns of increased toxicity of the territorial

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News Oil & Gas

Eighty million barrels of Nigerian oil stranded at sea – Report

An estimated 84 million barrels of Nigerian crude oil is currently stranded at sea, a report by Wall Street Journal has said. In an April 27 report, the newspaper said cargo ships filled with Nigerian crude had nowhere to go and Nigerian oil companies were competing to fill the “last few empty tankers still left

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News Oil & Gas

Chevron affirms hope that non-employees contracted Covid-19

By Ebi Perekeme Chevron Nigeria Limited (CNL), operator of the joint venture between the Nigerian National Petroleum Corporation and CNL, has said that none of its employees has contracted the COVID-19 (Coronavirus) infection. “Chevron continues to monitor the Coronavirus (COVID-19) outbreak around the world and has been utilizing the guidance of international and local health

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National News Oil & Gas

NNPC alerts Nigerians to prepare for hard times as crude oil crashes

The Nigerian National Petroleum Corporation (NNPC) has warned Nigerians to prepare for more trouble ahead following the crash in the price of crude oil. Group Managing Director, of NNPC, Mr. Mele Kyari sounded the warning in Abuja on Wednesday, at a consultative roundtable meeting organised by the Central Bank of Nigeria with the theme “Going

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News Oil & Gas

Chevron awarded awards at 2020 NIPS Oil/Gas Industry Dinner and Awards

By Shina Badmus Chevron Nigeria Limited, (CNL), operator of the NNPC/CNL Joint Venture, was recognized for its outstanding performance in the Nigerian oil and gas industry. The company was presented with two awards during the Industry dinner and awards night organized as part of the activities to mark the official opening ceremony of the 2020

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News Oil & Gas

FG introduces new gas code

By Our Reporter The Federal Government has inaugurated a new Nigerian Gas Transportation Network Code (NGTNC) to enhance gas production and revenue generation in the country. The Minister of State for Petroleum Resources, Chief Timipre Sylva inaugurated the code at the opening of the Nigeria International Petroleum Summit (NIPS) in Abuja on Monday. He said

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Delta News Oil & Gas

Delta prohibits youths protest at oil companies premises

—Directs further protest to Commissioner for Oil and Gas — Bush bar opposite Midwestern Oil & Gas should be pulled down By Ebi Perekeme The Delta state Government has issued strong warning on protests, meetings or negotiations by youth associations within the premises of oil prospecting companies working in Delta state. The directive was given

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