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In the News....

Updates from Nigeria and Beyond
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Here's the latest news from our blog. You'll find updates / snippets from International and Local newspapers, journals and blogs related to the oil and gas industry...and anything we think you might find useful.

Recent Articles

MOMAN Pushes for Petroleum “Price Liberalisation” By Law

In the News

blog header Mr. Tunji Oyebanji, Chairman of MOMAN The oil marketers under the umbrella of Major Marketers Association of Nigeria (MOMAN) has called for full “price liberalization” rather than “price modulation” with respect to Premium Motor Spirit (PMS) commonly known as petrol. Its Chairman, Mr. Tunji Oyebanji made the disclosure in a statement issued to newsmen […] The post MOMAN Pushes for Petroleum “Price Liberalisation” By Law (https://plan-ng.com/moman-pushes-for-petroleum-price-liberalisation-by-law/) appeared first on PLAN (https://plan-ng.com) .
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Oil Market Falls Too Big to Offset with Output Cuts, IEA Warns

In the News

blog header -By Noah Browning The International Energy Agency (IEA) forecast a 29 million barrel per day (bpd) dive in April oil demand to levels not seen in 25 years and warned no output cut by producers could fully offset the near-term falls facing the market. Benchmark Brent crude futures fell following the IEA’s monthly report, trading […] The post Oil Market Falls Too Big to Offset with Output Cuts, IEA Warns (https://plan-ng.com/oil-market-falls-too-big-to-offset-with-output-cuts-iea-warns/) appeared first on PLAN (https://plan-ng.com) .
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Chevron is Taking Precautions Against the Spread Of COVID-19 Virus

In the News

blog header Mr. Esimaje Brikinn General Manager, Policy, Government and Public Affairs of Chevron One of Nigeria’s multinational oil giant, Chevron Nigeria Limited (CNL), operator of the Nigerian National Petroleum Corporation/CNL Joint Venture (NNPC/CNL JV), has continued to operate safely, and without any Coronavirus (COVID-19) related incident in its operations. CNL affirms that as a responsible organization, […] The post Chevron is Taking Precautions Against the Spread Of COVID-19 Virus (https://plan-ng.com/chevron-is-taking-precautions-against-the-spread-of-covid-19-virus/) appeared first on PLAN (https://plan-ng.com) .
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COVID-19: PETAN Partners NCDMB, Donates to Bayelsa, Rivers, and Delta States

In the News

blog header Mr. Nik Odinuwe, PETAN Chairman As part of its Corporate Social Responsibility (CSR) endeavours, and in her effort to alleviate the anguish of the Covid-19 pandemic, the Petroleum Technology Association of Nigeria (PETAN) has partnered with the Nigerian Content Development Monitoring Board (NCDMB) to donate Ambulances , Personal Protective Equipment (PPE) and other medical […] The post COVID-19: PETAN Partners NCDMB, Donates to Bayelsa, Rivers, and Delta States (https://plan-ng.com/covid-19-petan-partners-ncdmb-donates-to-bayelsa-rivers-and-delta-states/) appeared first on PLAN (https://plan-ng.com) .
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Shell Lifts Force Majeure On Nigeria’s Forcados Crude

In the News

blog header Nigeria’s foremost multinational oil company, Shell, has lifted a force majeure on exports of Nigeria’s Forcados crude oil after the pipeline transporting it reopened. The company made this position known in a statement. The removal of force majeure followed the reopening of the Trans Forcados pipeline by operator Heritage Energy Operational Services Limited. This was […] The post Shell Lifts Force Majeure On Nigeria’s Forcados Crude (https://plan-ng.com/shell-lifts-force-majeure-on-nigerias-forcados-crude/) appeared first on PLAN (https://plan-ng.com) .
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OPEC: Crude Oil Production to Reduce by 9.7 Million Barrels

In the News

blog header Nigeria joined its other OPEC+ counterparts to bring into effect the agreement to cut 9.7 Million Barrels of supply following the alignment of Mexico. The intervention of the United States of America resulted in Mexico agreeing to a cut of 100 KBOPD and to be complemented by an additional 300 KBOPD by US Producers. This […] The post OPEC: Crude Oil Production to Reduce by 9.7 Million Barrels (https://plan-ng.com/opec-crude-oil-production-to-reduce-by-9-7-million-barrels/) appeared first on PLAN (https://plan-ng.com) .
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COVID-19: Working with AU Will Help Scale Through Crisis – MD LADOL

In the News

blog header Dr. Amy Jadesimi, LADOL MD The Managing Director of Lagos Deep Offshore Logistics Base (LADOL) Free Zone Dr. Amy Jadesimi said, working or collaborating with other African countries can help battle COVID-19 pandemic. Dr. Jadesimi who is a Supergroup founding member of the African Influencers for Development Initiative (AIDI), which is a coalition set […] The post COVID-19: Working with AU Will Help Scale Through Crisis – MD LADOL (https://plan-ng.com/covid-19-working-with-au-will-help-scale-through-crisis-md-ladol/) appeared first on PLAN (https://plan-ng.com) .
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Traditional Rulers Order Oil Companies To Remit 3% Contribution To NDDC

In the News

blog header Traditional rulers under the aegis of Traditional Rulers of Oil Producing Communities in Nigeria (TROMPCON), have called on oil companies to remit their three percent contributions to Niger Delta Development Commission (NDDC) or leave the region. Its Secretary, Oba Dr. Obafemi Ogbaro, the Odoka of Ogbaro kingdom made the call on behalf of the group […] The post Traditional Rulers Order Oil Companies To Remit 3% Contribution To NDDC (https://plan-ng.com/traditional-rulers-order-oil-companies-to-remit-3-contribution-to-nddc/) appeared first on PLAN (https://plan-ng.com) .
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LADOL Joins Private Sector Coalition Fight Against COVID-19

In the News

blog header Mr. Oladipupo Jadesimi, Chairman of LADOL The Lagos Deep Offshore Logistics Base (LADOL) Free Zone, has joined private sector coalition fight against the spread of coronavirus (COVID-19) in Nigeria as part of its Corporate Social Responsibility (CSR). This development according to the company’s Chairman, Mr. Oladipupo Jadesimi is a donation made to Central Bank […] The post LADOL Joins Private Sector Coalition Fight Against COVID-19 (https://plan-ng.com/ladol-joins-private-sector-coalition-fight-against-covid-19/) appeared first on PLAN (https://plan-ng.com) .
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Nigeria, OPEC/Non-OPEC Countries Cooperate to Curtail Crude Oil Production

In the News

blog header Mr. Timipre Sylva, Minister of State for Petroleum Resources Nigeria has joined other OPEC+ counterparts in a historic curtailment of crude oil production to rebalance and stabilize the global oil markets. Nigeria is participating in the pursuit of our commitment to the framework of the Declaration of Cooperation entered on 10th December 2016 and […] The post Nigeria, OPEC/Non-OPEC Countries Cooperate to Curtail Crude Oil Production (https://plan-ng.com/nigeria-opec-non-opec-countries-cooperate-to-curtail-crude-oil-production/) appeared first on PLAN (https://plan-ng.com) .
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