Author: admin

Ending Trans-Border Economic Crimes and Illegal Oil Bunkering Summit

Its our pleasure to invite you to attend the Illegal Oil Bunkering Summit, at the institute of petroleum studies, Federal University of Port-Harcourt Date: 13th-14th March, 2023   CONFERENCE THEME The Summit will be focusing on everything Illegal bunker and its adverse effects on the economy; from outlooks, regulation deep dives, analysis of the effects of energy transition and what options we have in regulating and monitoring vessels movements.   Cross border crimes represent illegal and notorious activities carried out by individuals and groups across national and international borders, either for financial, socio-political or religious considerations. These include human...

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Excitement As Buhari Commissions $1.5 Billion Lekki Deep Seaport

Excitement As Buhari Commissions $1.5 Billion Lekki Deep Seaport. 25th Jan, 2023 Stephen U.C President Muhammadu Buhari on Monday officially commissioned the Lekki Deep Sea Port, Nigeria’s biggest — and one of Africa’s largest — deep sea ports in Lagos, just a few weeks ahead of February’s presidential polls. The president arrived at the Lekki Free Zone in a helicopter at about 4:30 PM. An hour earlier, when he touched down at the Lagos airport, he was received by Governor Babajide Sanwo-Olu and his deputy, Obafemi Hamzat. The Ekiti and Ogun governors, Biodun Oyebanji and Dapo Abiodun, respectively, as...

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Editorial/ Subscription

Many of you have asked about our editorial position. Although Petroleum News carries few editorials, we recognize the petroleum industry’s important role in the world’s economic and social structure. In short, our objective is to be the only publication you need to read to keep up on what’s happening in the oil and gas industry in Nigeria and Africa at large. Our writers also keep an eye on what’s happening in the OPEC Member Countries. Altogether, these countries account for virtually the totality of World’s oil and gas reserves and output. AUTOMATED OIL & GAS NEWS GENERATOR Petroleum newspaper is a one-stop portal that connects you to the latest news and press releases in the Oil & Gas industry across the globe. Petroleum newspaper algorithms use artificial intelligence that curates articles from more than 1,000 trusted sources, and churns out an average of 100 unique headlines per day. The articles generated go through a filter constructed by a panel of Oil & Gas industry experts. Rest assured, you’re getting access to quality content in the quickest way possible. No fake news. Only news that matters from trusted sources. DIGITAL SUBSCRIPTION Full digital access to online latest news stories, including advert and news archives. This subscription includes: Full Digital Access:Make better business decisions with online news, insights, and opinions. App:Personalise your news experience using our Petroleumnews app (iOS/Android) Alerts:Follow companies, sectors,...

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PENGASSAN urges FG to restore vandalised pipelines, prosecute oil thieves

PENGASSAN urges FG to restore vandalised pipelines, prosecute oil thieves By Gloria Nwafor The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called on the Federal Government to ensure it sustains the fight to the nation’s vandalised pipelines and increasing crude oil production. PENGASSAN also demanded that all those arrested in connection with economic sabotage of pipeline vandalism should be prosecuted and if found guilty, be made to face the consequences. President and General Secretary of PENGASSAN, Festus Osifo and Lumumba Okugbawa, in a communiqué issued at the end of its National Executive Council meeting in...

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Detained oiltanker in Equatorial Guinea to return to Nigeria – officials.

Detained oiltanker in Equatorial Guinea to return to Nigeria – officials. 13 Nov, 2022 Stephen U.C Petroleumnewsngr.com An oil supertanker accused by Nigerian authorities of attempting to illegally load crude before leaving its territorial waters is on its way back to the country, a Nigerian Navy spokesman told Reuters on Friday. At the request of Nigerian authorities, Equatorial Guinea detained the Heroic Idun, a vessel capable of carrying 2 million barrels of oil, on Aug. 17 for sailing without an identifying flag, fleeing from the Nigerian navy and sailing in Equatorial Guinean waters without prior authorization. Nigerian officials said Messrs....

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