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25th Jul 2021 @ 07:42

Oil and Gas

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GEIL further expands CSR footprint: Signs New MoU with Host Community

Green Energy International Limited (GEIL), a leading oil and gas development company and the Operator of the Otakikpo marginal field has successfully negotiated and signed a new ‘’Memorandum of Understanding’’ (MoU) with one of its host community; The Ikuru Town Community.

Green Energy International Chair, Anthony Adegbulugbe garners ovation, applause at FUPRE...

The Chairman of Green Energy International Ltd, Operator of Otakikpo Marginal Field in OML 11, Prof Anthony Adegbulugbe was honored for excellence and integrity in corporate leadership by the Federal University of Petroleum Resources Effurun (FUPRE) in Delta State on June 17th, 2021.

Buhari’s 1999-2014 $100 crude oil sale claim inaccurate – Reno Omokri

Reno and Buhari, killings, South Africa, xenophobic,attacks, Nigerians
The number one bestselling author and former aide to ex-president Goodluck Jonathan, Pastor Reno Omokri, said that President Muhammadu Buhari's statement that crude oil sold for $100 from 1999 to 2014 when past administrations of former Presidents Goodluck Jonathan, Olusegun Obasanjo and Umaru Musa Yar'Adua held sway is inaccurate.

GEIL signs new MoU with host communities

Green Energy International Limited (GEIL), a leading oil and gas development company and the Operator of the Otakikpo marginal field has successfully negotiated and signed a new ‘’Memorandum of Understanding’’ (MoU) with its host communities of Ugama Ekede, Ayama Ekede, Asuk Ama & Asuk Oyet.

Using $1.5b to renovate dead Port Harcourt refinery is corruption –...

Pastor Reno Omokri
The Number one bestselling author and former aide to ex-president Goodluck Jonathan, Pastor Reno Omokri, has lampooned the president Muhammadu Buhari-led government of Nigeria for proposing to use what he described as a whopping sum of $1.5b to renovate "a loss-making Port Harcourt refinery," when Oil giant, Shell Plc sold her 175,000bpd "profit-making refinery for just $1.2b."

Oil workers suspend strike as FG agrees to resume salaries payment

Oil
Oil workers in agencies under the Ministry of Petroleum Resources, have suspended their strike after meeting with the Accountant General of the Federation.

Diri urges oil firms to locate headquarters in Bayelsa

Bayelsa State Governor, Senator Douye Diri,
Bayelsa State Governor, Senator Douye Diri, has called on oil companies benefiting from its resources to relocate their headquarters to the state.

Edo students in France endorse Obaseki, see economic boom with 6000bpd...

Students of Edo State extraction in France have endorsed candidate of the Peoples Democratic Party (PDP) and Governor of Edo State, Mr. Godwin Obaseki, for re-election ahead of the September 19 governorship election.

NDDC scam: HOSCON urges Buhari to return commission to presidency

NDDC
OIL and Gas producing communities, have pleaded with President Muhammadu Buhari to save the Niger Delta Development Commission, NDDC and the dream to develop the Niger Delta region by giving life to the resolutions of the Senate, especially as they concern the return of the supervisory authority to the Presidency.

OPEC+ recorded 107% conformity to output cut in June

Organisation of the Petroleum Exporting Countries, Opec,
The Joint Ministerial Monitoring Committee (JMMC) of the Organisation of Petroleum Exporting Countries (OPEC) and its non-OPEC allies, jointly called OPEC+, yesterday, disclosed that conformity to the production cut deal by participating countries stood at 107 per cent in the month of June 2020.