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ENERGY

FG vows to reform petroleum industry

The Federal Government, at the weekend, while receiving the report of the Petroleum Revenue Special Task force (PRSTF), which was headed by Mallam Nuhu Ribadu, vowed to carry out a comprehensive reform of the petroleum industry in order to bring efficiency and accountability in the entire Nigerian economy.

Flood not impacting oil, gas installations –– FG

The Federal has stated that the nation's oil and gas facilities are yet to be impacted by the raging floods which have devastated most parts of the country especially in the Niger Delta region.

Shell begins repair of Bomu-Bonny trunkline

The Shell Petroleum Development Company of Nigeria (SPDC), operator of NNPC/Shell Joint venture, has commenced the repair of the 28-inch Bomu-Bonny Trunkline in Rivers State, after it was shut due to a pipeline fire caused by vandals.

PIB: Why we increased government take in PSC blocks –– Alison Madueke

The Minister of Petroleum Resources and Chairperson of the Board of the Nigerian National Petroleum Corporation (NNPC), Mrs. Diezani Alison-Madueke, has thrown more light on why the Federal Government is proposing a review of the fiscal terms in the Production Sharing Contracts for deep water fields in the draft Petroleum Industry Bill currently before the National Assembly for consideration.

NCDMB advances Nigerian content with EGTL

Chevron Nigeria Limited, Operator of the NNPC/Chevron Joint Venture, has added significant value to the development of capacity among local community contractors and Nigeria Companies in support of the Nigerian Content Law- through the Escravos-Gas-to-Liquids project (EGTL).

Conoil initiates door-to-door distribution of gas, lubricants

Leading petroleum marketer and manufacturer of industrial and automobile lubricants and Liquefied Petroleum Gas (LPG), Conoil Plc has introduced a new dimension to the distribution and marketing of lubricants and domestic gas to mechanic workshops and homes.