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Standard Chartered accused of wheeling fund for terrorists
A British bank, Standard Chartered, which had escaped prosecution for money laundering carried out billions of dollars of transactions for funders of terrorist groups, US court papers allege. Standard Chartered, one of the UK’s largest banks, avoided prosecution by the…
Labour suspends strike as FG flaunts higher minimum wage
Sopuruchi Onwuka The Nigerian Organized Labour has suspended the crippling industrial actions it started Monday to press home its demands for enhaced minimum wage for workers in the formal sector. The Nigeria Labour Congress (NLC) and the Trade Union Congress…
NNPC bags NIMASA certification on ship, port security
Sopuruchi Onwuka The NNPC Ltd has reiterated its commitment to sustain the Company’s march towards process improvement, regulatory compliance and performance excellence. NNPC’s Executive Vice President, Business Services, Mr. Inuwa Danladi, disclosed this while speaking on the recent certification of…
Vivajets highlights aviation’s role in regional Security
Aviation outfit, Vivajets, has underscored the role of business aviation in fostering regional integration and security in Africa. This was part of the proceedings at the 60th anniversary of the Nigerian Air Force (NAF) and Third Africa Airforce Forum where…
Nedogas set to activate 300 MMscfd Kwale gas facility
Sopuruchi Onwuka The Minister of State for Petroleum Resources (Gas), Rt. Honorable Ekperikpe Ekpo, will on June 6 formally commission the Kwale Gas Gathering (KGG) and injection facility, marking a significant step in the gas monetization programme of the government….
Shell-led firms hauled $142m at NDDC in 2023
Sopuruchi Onwuka A total of $142.5 million was paid to the Niger Delta Development Commission (NDDC) last year by The Shell Petroleum Development of Nigeria Ltd (SPDC) and Shell Nigeria Exploration and Production Company Limited (SNEPCo). Shell stated that its…
Bonga is Asset of the Year in Shell Group
Nigeria’s premier deep-water development, Bonga, operated by Shell Nigeria Exploration and Production Company Limited (SNEPCo) has won the coveted Asset of the Year award in the Shell Group for 2023. Shell’s ,edia team in Nigeria stated that the award would…
NNPC Ltd, Schlumberger in deal to boost upstream operations
Sopuruchi Onwuka The NNPC Energy Services Limited (EnServ), a business arm of the Nigerian National Petroleum Company (NNPC) Limited has struck as technical collaboration deal with a European services multinational, Schlumberger, to bolster upstream oilfield operations. Spokesman of NNPC Limited,…
Kyari pledges NNPC’s commitment to Nigeria’s energy security
Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari has declared the commitment of the national oil company to be steadfast in driving energy supplies that fire homes and businesses in the country, vowing the firm’s commitment to energy…
OGTAN commends Seplat Energy on National HCD scholarship scheme
The Oil & Gas Trainers’ Association of Nigeria (OGTAN) has commended the Nigerian leading independent energy firm, Seplat Energy, on its outstanding National Human Capital Development (HCD) scholarship scheme. OGTAN, at its 2024 Annual HCD Awards ceremony themed ‘Consolidating Human…
