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Shell to pay N45.9 billion compensation to Ogoni community

  By Fredrick Wright Shell Petroleum Development Company, has agreed to pay N45.9billion to the Ogoni people of Rivers State for the losses they had suffered from oil spillage that ravaged...

AMCON denies plans to take over Dangote refinery

By Abimbola Abdullahi Contrary to the reports that the Assets Management Corporation of Nigeria (AMCON) could take over the Dangote Refinery over debts owed by the Dangote Group to banks,...

Shell LiveWIRE beneficiaries get N48 million grant

By Abimbola Abdullahi No fewer than 117 young entrepreneurs from the Niger Delta have graduated from the Shell Nigeria LiveWIRE programme and have been awarded a N48 million grant to...

F.G targets one million jobs in gas sector with N250b intervention fund

By Eniola Idris The Federal Government has unveiled its plans to create about one million jobs through the N250 billion-intervention fund for gas value chain businesses.   Investors must meet seven criteria...

NNPC throws weight behind NIPCO’s gas-for-vehicles projects

  By Eniola Idris The Nigerian National Petroleum Corporation has pledged continuous support to NIPCO Plc in its renewed efforts at increasing her investment in gas infrastructures to promote compressed...

Shell unveils first female Managing Director for deep-water Nigeria

By Fredrick Wright World energy giant, Shell, has named Elohor Aiboni as the Managing Director of its Nigeria deep-water business, Shell Nigeria Exploration and Production Company Limited (SNEPCo) with effect...

PICTURE OF THE DAY: Isa hosts Gbajabiamila at Waltersmith

    The Speaker, Federal House of Representatives, Rt.Hon. Femi Gbajabiamila (left) and the Chairman Waltersmith Group, Mr. Abdulrazaq Isa (right) at a dinner hosted by Abdulrazaq Isa for the speaker...

Oriental Energy appoints Mustafa new managing director

By Fredrick Wright An indigenous oil exploration and production company, Oriental Energy Resources Limited, has appointed Mr Mustafa Indimi as the new managing director.    Mustafa takes over from Mr. Ignatius Ifelayo...

DPR clarifies issue on subsidy removal

  By Eniola Idris The Department of Petreoleum Resources (DPR)O has flayed the misinterpretation of  its comments regarding fuel subsidy removal. This follows an online publication stating that the price of PMS...

Eko Disco felicitates with customers on Eid-el Kabir celebration  

  By Fredrick Wright The Eko Electricity Distribution Company (EKEDC) has felicitated with Muslim Faithfuls and customers as they celebrate this year's Eid-El-Kabir celebration.    The company, in a goodwill message by its...

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