Oil and Gas

“To avert a total breakdown of law and order” – Ex-Militant leader, Government Tompolo gives Buhari 7-day ultimatum

Estimated Reading Time: 2 Ex-Militant leader, Government Ekpemupolo, alias Tompolo, on Sunday, issued a seven-day ultimatum to the Federal Government to inaugurate the substantive Board of the Niger – Delta Development Commission, NDDC. Tompolo, Ibe-Ebidouwei of Ijaw nation, in a statement, said: “I wish to call on Mr. President, members[Read More…]

PENGASSAN cancels planned strike

Estimated Reading Time: 1The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) said it has suspended its proposed strike over Chevron Nigeria Limited’s plan (CNL) to lay off 600 workers at the Agbami Offshore Oilfield in Bayelsa. Mr Lumumba Okugbawa, General Secretary of PENGASSAN made this known to[Read More…]

DPR revokes 32 private refinery licences

Estimated Reading Time: 2The Department of Petroleum Resources has declared that 32 private refinery licences invalid. According to the Department, the licences had expired since 2018, bringing the number of valid refinery project licences to 23 as of March 2021. Among these refineries are: BUA Refinery & Petrochemicals (Akwa Ibom);[Read More…]

NNPC, Tecnimont SpA sign $1.5Billion to rehabilitate Port Harcourt refinery

Estimated Reading Time: 1The Nigerian National Petroleum Corporation (NNPC) and Tecnimont SpA, an Italian engineering company, on Tuesday, signed the engineering procurement and construction (EPC) contract for the rehabilitation of the Port Harcourt refinery in Rivers state. Ahmed Dikko, managing director of Port Harcourt refinery company (PHRC), signed for the[Read More…]