NUPENG Counsels Tinubu Against Removal of Fuel Subsidy Stephen U.C www.petroleumnewsngr.com Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, has counseled Asiwaju Bola Tinubu, as he takes over the presidency of the country, not to rush in removing subsidy in Premium Motor Spirit, PMS, commonly known as petrol because of its socio-economic implications. NUPENG […]
Govt seeks $12bn to Clean Oil Pollution in Bayelsa State Stephen U.C www.petroleumnewsngr.com Restoration of and clean up of decades-long oil pollution in crude producing states will cost at least $12 billion, investigators said yesterday. Bayelsa state, home to some two million people, “is in the grip of a human and environmental catastrophe of devastating […]
Crude oil is a major driver of the worldwide economy, specially in oil-producing nations. for the reason that discovery of oil in Nigeria, “black gold” has remained the most sizeable financial pillar sustaining the economic system of the West African country. The oil and gas sector in Nigeria is valued as one of the […]
Nigeria’s new Dangote refinery to start processing crude oil in 2022
Otedola Receives $19 Million in Arbitration Award From Ardova Over Forte Oil Sale. www.petroleumnewsngr.com By Ronald Adamolekun The settlement followed a ruling last October by the London Court of International Arbitration. Energy tycoon Femi Otedola has received $19 million in arbitration award over the share purchase agreement (SPA) involving the sale of Forte Oil now Ardova […]
Port Harcourt Refinery to Commence Operation on September www.petroleumnewsngr.com By Emmanuel Addeh Abuja — The first phase of a project to rehabilitate Nigeria’s 210,000 barrels per day Port Harcourt refinery, which had been slated for completion in April this year, may not be finished for another four months at least, refinery and oil ministry sources […]
Navy Warns Oil Thieves, Vandals to Stay Away From Creeks The Nigeria Navy yesterday reiterated its stance to rid the Niger Delta in particular and the country in general of activities of crude oil thieves and pipeline vandals. The Flag Officer Commanding (FOC) Eastern Naval Command (ENC), Rear Admiral Olusola Oluwagbire, gave the assurance during […]
Angola Overtakes Nigeria As Top African Crude Oil Producer www.petroleumnewsngr.com By Udeme Akpan & Yinka Kolawole Angola has now emerged the topmost crude oil producer in Africa, upstaging Nigeria as the latter’s output level hits a new low. The direct communication data in the April 2023 monthly oil market report (MOMR) of the Organization of […]
Job Opportunities at Baker Hughes, Qualified candidates should Apply We are recruiting to fill the position below: Job Opportunities at Baker Hughes Job Title: Integrated Services Commercial Manager Job No: R86361 Location: Lagos Partner with the Best • As an Integrated Services Commercial Manager you will take ownership for the sales orders for new and […]
SPIE Oil & Gas Services, Nigeria SPIE Oil & Gas Services Latest Recruitment, Interested and qualified candidates should Apply. SPIE Oil & Gas Services Latest Recruitment, Interested and qualified candidates should Apply. Click for more Jobs at SPIE Oil & Gas Services We are recruiting to fill the position below: SPIE Oil & Gas Services Latest […]
