In a bid to have locals gain employment in the oil and gas industry, China National Offshore Oil Corporation (CNOOC) has urged communities in Hoima to invest in education. The company, which is developing oil fields in Hoima, seeks to acquaint learners in the region with the oil and gas sector as a way of
Libya’s National Oil Corporation (NOC), Mustafa Sanalla, said that the NOC needs to remain independent from the country’s political struggles. He said that he categorically refused to allow the NOC to be used to settle any political issue. The NOC was constantly striving to achieve its national goals and to play its economic role to
The Guardian has disclosed plans to organise an Oil & Gas Roundtable and Awards on June 23, 2018.The event would hold at the Eko Hotel & Suites, Victoria Island, Lagos from 5:00p.m. The theme of the roundtable is: “Driving Sustainable Gas to Power Initiatives in Nigeria: Challenges and Opportunities.” It would feature a keynote presentation and panel
The Federal Government still depends on International Oil Companies, IOCs, to know the exact volume of oil and gas exported to the global market. Chairman, Experts Advisory Panel, Nigeria Natural Resource Charter, NNRC, Mr. Odein Ajumogobia, who made this known at a workshop to consider outstanding remediation issues on Nigerian Extractive Industries Transparency Initiative, NEITI,
Libyan protesters shut down on Wednesday the eastern Raguba oilfield which had 5,000 barrels per day (bpd) of crude production feeding Brega port, said a spokesman for the owner, state-run Sirte Oil. The protesters had been threatening to shut down oilfields and pipelines passing through their remote home region of Marada unless authorities improve state
The Nigerian National Petroleum Corporation (NNPC) would begin retailing of petroleum products across markets in the Economic Community of West African States (ECOWAS) in the next two years. NNPC Group Managing Director, Maikanti Baru, who rebranded key downstream subsidiaries of the group yesterday, in Abuja, said the company would own 30 per cent market share
The oil production expected to start in the Albertine region by 2020 is projected to create over 160,000 jobs, Caroline Korutaro, a senior petroleum engineer in the Directorate of Petroleum at the Ministry of Energy and Mineral Development has said. Korutaro said of jobs created, about 60% will be for petroleum engineers, geologists, oil researchers
Oil workers under the auspices of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) have rejected the Service Level Agreement (SLA) in Petroleum Industry Bill (PIB). They described the agreement reached between the Nigerian Content Development and Monitoring Board (NCDMB) and
Uganda signed an agreement with an international consortium of energy industry investors to build a long-delayed oil refinery, according to an official statement. The consortium — a partnership of four Italian and Mauritian companies including Nuovo Pignone International owned by US-giant General Electric — agreed to build and operate the refinery near Hoima on the
The Uganda Chamber of Mines and Petroleum (UCMP) has elected new board members. In elections that took place last week, UCMP members re-elected Dr.Elly Karuhanga as the board chairman, while new entrant, Dr Josephine Wapakabulo, CEO, Uganda National Oil Company (UNOC ) joined the Chamber as special advisor. Karuhanga is the founding chairman of the