Author: Editor

(VOICE OF NAIJA)- The GCEO, NNPC Ltd, Mele Kyari has charged stakeholders within the Nigerian oil and gas industry to adapt, evolve and lead in the ever-changing global energy landscape. Kyari while delivering Industry address at the opening ceremony of the 41st Nigerian Association of Petroleum Explorationists (NAPE) Conference taking place in Lagos, on tuesday gave this charge. The GCEO, who was represented by NNPC Ltd’s Executive Vice President, Upstream, Oritsemeyiwa Eyesan, underscored the pivotal role of oil and gas exploration in shaping the future of the oil industry and emphasized the need for dedication, expertise and pursuit of knowledge…

(VOICE OF NAIJA)- The Executive Secretary Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has warned that Nigeria might resort to importing crude oil for its upcoming and existing refineries if concerted efforts are not made to increase the current low production numbers. During the 41st Annual Conference and Exhibition of the Nigerian Association of Petroleum Explorationists (NAPE) on Monday in Lagos, he issued the warning in his goodwill message. He bemoaned Nigeria’s low production of crude oil and gas despite the abundant reserves and challenged members of the Nigerian Association of Petroleum Explorationists (NAPE) and other…

Following a peace deal brokered on Sunday by the Nigerian National Petroleum Company Limited, NNPCL, between the Management of Total Energies, operator of the NNPC/Total JV, the Petroleum and Natural Gas Senior Staff Association, (PENGASSAN) and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), the unions have agreed to suspend ongoing industrial action leading to immediate restoration of 275, 000 barrels of oil per day production. READ ALSO: How Russia-Ukraine Crisis Affects Inflow Of Nigeria’s Crude In Global Markets – NNPCL In a communique issued at the end of a marathon negotiation session chaired by Mrs. Oritsemeyiwa Eyesan,…

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has provided insight into how the lingering conflict between Russia and Ukraine has impacted Nigerian crude oil inflows in the international oil market, leading to a dip in demand from the once-dependable Asian market at the onset of hostilities in the Eastern bloc.Maryamu Idris, Executive Director, Crude & Condensate, NNPC Trading Limited, said in a panel presentation at the Argus European Crude Conference in London, that in addition to the substantial price shocks impacting commodity and energy prices globally, the conflict between Russia and Ukraine has triggered a situation where India, a…

The Coalition for Justice in Africa, CJA  have rejected  the judgement of the Court of Appeal where various members of the Peoples Democratic Party,  PDP were sacked from the National Assembly on basis of pre- election matters. The Convener of the group, Daniel Okwa who addressed a press conference in Abuja alongside over one hundred pro-democracy groups described the action of the court as a rape on democracy. The group said since pre-election matters are decided before elections, there is no locus standi under the law for it to be used to form a judgment. He said, “Ironically, this played…

(VOICE OF NAIJA)- The Peoples Redemption Party has called for the adoption of the recommendations of the Oslo Accord to end the carnage in Gaza. National Chairman of the PRP, Mallam Falalu Bello, made the call in a statement in Abuja on Tuesday. The two accords, Oslo I and Oslo II, were agreements between Israel and the Palestine Liberation Organisation signed in Washington, in 1993 and in Taba, Egypt, in 1995, respectively. Bello said that the international community should address the crisis by implementing the proposed two-states solution to the problem. “The People’s Redemption Party is pained by the ongoing…

The Nigerian National Petroleum Company Limited (NNPCL) will continue to collaborate with the Nigeria Extractive Industries Transparency Initiative (NEITI) and all relevant stakeholders in the Reconciliation Committee set up by President Bola Tinubu to investigate, review and reconcile the financial records on alleged indebtedness to the Federation by both NNPC Limited and Federation Accounts Allocation Committee, FAAC. This is coming on the heels of calls by a non-governmental organisation for a probe of several monies allegedly owed to the Federation by the national oil company. NNPC Ltd states that the claims by the NGO were baseless, considering the fact that…

VOICE OF NAIJA -According to a recent study co-authored by US scientist James Hansen, who is largely credited with being the first to publicly sound the alarm on the climate crisis in the 1980s, the planet is expected to warm up much faster than scientists had previously predicted, meaning a critical global warming threshold could be crossed this decade. Hansen and more than a dozen other scientists came to the conclusion that the Earth is far more sensitive to climate change than previously thought in a paper that was published on Thursday in the journal Oxford Open Climate Change. The…

(VOICE OF NAIJA)- Antony Blinken, the U.S. Secretary of State has arrived in Tel Aviv, to push for humanitarian pauses in the Gaza war after Israel said its troops had surrounded the Palestinian enclave’s biggest city, the focus of its drive to wipe out Hamas. Again, Israeli forces pounded the Gaza Strip from ground, sea and air throughout the night amid global alarm over horrendous conditions inside the besieged territory and rising number of deaths of Palestinian civilians. According to the allied militant groups Hamas and Islamic Jihad, their fighters had detonated explosive devices against advancing troops, dropped grenades from…

A group, the Markolima Consultancy Academy (MACA) has announced plans of rewarding best performing Governors, Ministers and members of the National Assembly next year The Program Manager, Nigerian Good Governance Award, Chief (Mrs) Mimi Adzape-Orubibi, made the announcement at a press conference on Tuesday in Abuja. She said the awards are targeted at public office holders in the country who have distinguished themselves. According to Adzape-Orubibi, the essence is to “encourage those who are doing well to do more and those who are not doing well to sit up. ” She noted that awardees will be selected through research, practical…