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Subsidy removal must come with fiscal responsibility, financial prudence _Organized laour
Sopuruchi Onwuka Senior workers union in the country insist that government has not demonstrated any need for austerity measures in the economy, warning that sacrificing the life of impoverished Nigerian masses through planned removal of subsidy on petrol prices would…
NNPC Limited says it is not recruiting
The Nigerian National Petroleum Company (NNPC) Limited has declared that it is not currently recruiting workers. Group spokesman of the company which is currently restructuring from public corporation to public liability company, Mr Garba Deen Muhammad, stated that “the general…
PIA: Women must be positioned for oil crew change
Sopuruchi Onwuka Deliberate policy and structural measures should evolved to dismantle cultural norms that nurture gender bias in the technical and male dominated professions and workplace environments in order to allow the sectors harness the capacity and expertise of women…
Heirs Holdings, ND Western stand out as Shell closes bid on JV stake
Two indigenous oil companies are expected to proceed with efforts to buy up the 45 percent stake in the oil and gas assets operated by Shell under a joint venture agreement with government and two other companies. The Oracle Today…
Ukraine war: NLNG can’t compete for new market space
Sopuruchi Onwuka The new redirection of energy supply flows has become the real prize of the raging war following the barrage of diplomatic and trade sanctions countries in the Western military and economic alliances slammed on Russia in response it…
Buhari, Kyari woo petroleum investors in Spain
The Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mallam Mele Kyari has reiterated his commitment to sustain the strategic energy partnership between Nigeria and Spain. Mallam Kyari who is also the Group Managing Director of the…
MPN divestment: Why NNPC shook the table
Sopuruchi Onwuka Inability of the highly anticipated acquisition of Mobil Producing Nigeria (MPN) Unlimited by leading indigenous independent firm, Seplat Energy Plc, to scale initial ministerial assent amplifies the new hard-line position of the Nigerian National Petroleum Company (NNPC) Limited…
Eni dims Nigerian investment, emphasizes carbon neutrality
Sopuruchi Onwuka Italian multinational energy firm, Eni, has confirmed a shift in its business focus which entails diverting significant proportion of the company’s investments on incremental basis from fossil intensive to agro-biofuel and renewable energy production. The company’s new business…
NNPC to begin AKK pipeline gas delivery by March, 2023
The Board of the Nigerian National Petroleum Company Limited (NNPC) has expressed satisfaction with the progress of work done on the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Project and believed that the first Quarter 2023 target for delivering it will be met….
Russian war: EU forays Nigeria, OPEC for new oil and gas supply
Sopuruchi Onwuka With the coordinated Western response against the war in Ukraine, diplomats are mounting pressure on key petroleum producing countries to create new channels of supplies to the European countries which traditionally form the biggest customers of Russian oil…
