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Aiteo fixes leak, restarts 150,000 bpd Nembe Creek Oil Export pipeline

The predicament that played out on Friday, 1st March 2019, in Bayelsa is indeed a disaster like the others before it in the different parts of the country. The Mile 1 community and others within earshot were in the wee hours of the morning, reeled off their beds by an explosion said to have come from the Nembe Creek Well 7, belonging to Aiteo Eastern Exploration and Production. Within hours of occurrence, stories were churned out with headlines that threw Nigerians into pandemonium.

NNPC Commends Oilserv on the on-going East-West Gas Pipeline Project (OB3 LOT B)

The Nigerian National Petroleum Corporation (NNPC) has revealed that in the last 13 months, it supplied a total of 19,437,894,096.66 billion litres of petroleum products into the Nigerian downstream sector through its Direct Sales Direct Purchase (DSDP) programme. The period was between November 2017 and November 2018.

NPA, NIPR resolve to deepen existing collaborations

UGO AMADI

Nigeria and Denmark have commenced negotiation targeted at increasing investment in the maritime sector in both nations. The Managing Director, Nigerian Ports Authority, Mrs Hadiza Usman, while receiving the Danish Ambassador to Nigeria, Jesper Kamp, said that the Authority was fully committed to providing the enabling environment for business to grow in the nation’s maritime sector.

NPA, NIPR resolve to deepen existing collaborations

UGO AMADI, Business Editor

Globally, the productivity of ports operation of a country is its main driver of trade and economic activities. In Nigeria, revenues from ports are about the third highest, behind oil and revenues generated by the Federal Inland Revenue Service.

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