Oil & Gas

…As GMD Inaugurates Boards for HMO, Medical Services The Nigerian National Petroleum Corporation (NNPC) has raised the stake in its commitment to diversify into the health sector in line with the Corporation’s stand to stay afloat as a commercially viable entity. The Group Managing Director of the Corporation, Dr. Maikanti Baru, …

  Facilities would include a 1.8 million tonne per year ethane cracker and derivative units Part of ExxonMobil’s 10-year, $20 billion Growing the Gulf initiative Companies to begin working with regulatory agencies to obtain necessary permits ExxonMobil Chemical Company and SABIC each announced the selection of a site in San Patricio …

In line with the ongoing reforms in the Nigerian National Petroleum Corporation (NNPC), the Management has announced the retirement of some staff and the deployment of others. The retired staff are:Mrs. Esther Nnamdi-Ogbue, Managing Director, NNPC Retail Ltd; Mr. Alpha P. Mamza, Executive Director, Operations, NNPC Retail Ltd; and Mr. …

  Shell Nigeria Exploration and Production Company (SNEPCo) has facilitated the training of medical workers from hospitals in Anambra State on emergency resuscitation, delivering a critical component of its commitment to provide skilled and timely response to medical emergencies in the state. The training of the 70 staff on Basic …

….Plans Partnership with Comm. Ministry on ICT The Nigerian National Petroleum Corporation (NNPC) will commercialize some of its critical Information Communications & Technology (ICT) infrastructure in line with its bid to re-focus the Corporation as a commercially viable entity. The Group Managing Director of the Corporation, Dr. Maikanti Baru, made this …

Joint Press Release] The OPEC Secretariat and the United Arab Emirates (UAE) Ministry of Energy are pleased to announce the launch of the first phase of the Oil and Gas Big Data Project, which will take place during the 3rd GCC Petroleum Media Forum in Abu Dhabi on 19–20 April 2017. …

…As NNPC Cuts Losses by 16.19% The combined installed capacity utilization of the Nigerian National Petroleum Corporation’s refineries located in Port Harcourt, Warri and Kaduna increased by about 29 percentage points in January 2017 compared with their performance in December 2016. In the latest of the Corporation’s Monthly Financial and …

 …NNPC Vows to Restore Kano, Jos, Suleja Pipelines Products supply and distribution have received a major boost following the resumption of loading activities by the Nigerian National Petroleum Corporation (NNPC) at its Mosimi Area depot in Ogun State, over the weekend. Group Managing Director, Dr. Maikanti Kacalla Baru, who supervised …

  OPEC Secretary General, HE Mohammad Sanusi Barkindo,  met in Baghdad separately with the President of Iraq, HE Dr. Fuad Masum, Iraqi Prime Minister, HE Dr. Haider Al-Abadi,   The Iraqi President commended the OPEC Secretary General on the successful meetings of the Organization held among OPEC Member Countries and …

Exxon Mobil Corporation  announced recently positive results on the Snoek well offshore Guyana, confirming a new discovery on the Stabroek Block. Drilling targeted similar aged reservoirs as encountered in previous discoveries at Liza and Payara. “The latest discovery at Snoek demonstrates the continued success we have achieved in this technically …