Two leading labour unions in the oil industry, NUPENG and PENGASSAN have given the Federal Government a 21-day ultimatum to revoke the appointment of pre-shipment inspectors for crude oil exports or contend with a strike.

The report of the Oil and Gas Implementation Committee (OGIC) will greatly influence the strategic direction of the Pipelines and Products Marketing Company (PPMC) in 2009, Mr Reginald Stanley, the company's Managing Director, has said.

The PPMC has said that it will expand its activities in the marketing of special products and cooking gas.

An industrial disharmony appears imminent in the country's oil and gas industry following the appointment of Cobalt International Services by the Federal Government as Pre-Shipment Inspector for the 21 Crude-Oil Export Terminals.

Oil workers have given the government a 21-day ultimatum to reverse the appointment of a pre-shipment inspector for crude exports or face the risk of industrial action.

MINISTER of the Federal Capital Territory Administration (FCTA), Senator Mohammed Adamu Aliero yesterday denied reports that the Federal government had plans to power the streets of the Federal Capital Territory, Abuja with generators.

Progress with the government's plan to save energy through a mass roll-out of one million solar water heaters over three years has been dismal, with only several hundred having been installed 10 months into the project.

The first consignment of 24 fuel trucks has left the Kenyan port of Mombasa for Kigali as part of the 12 million litres of fuel for the national fuel reserves.

With the dwindling oil revenue realities currently facing the nation, the new Director-General (D-G) of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Alhaji Muhammed Nadada Umar has pledged to provide alternative revenue sources across the nation.

Minister of energy and power is worried over the indiscriminate burning of farm lands along the Bumbuna electricity pylons as the menace may hamper the speedy conclusion of the project if not hastily addressed.

Members of the Abuja Fish/ Frozen Food Sellers Association (AFFOSA) at Kado, in the Federal Capital Territory (FCT), yesterday decried the erratic power supply at the Kado Fish Market that has persisted for nearly three years.

MILITANTS yesterday abducted a contractor with Elf Company, Mr. Thank God Elenwo Ikwegbu at his residence in Iwhechiorlu community, Rukpokwu town in Obio/Akpor Local Government Area. And at press time were demanding two hundred million naira ransom.

National Union of Petroleum and Natural Gas Workers Union (NUPENG), Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Department of Petroleum Resources (DPR) branch, have issued a 21-day ultimatum to the Federal Government to rescind its decision to

In what may signal an imminent reduction in the fares charged by Nigerian airlines, marketers of aviation fuel, known as Jet A1, have said that they would crash the prices by end of January to be in tandem with the

Nigeria is expected to export 1.66 million barrels per day (bpd) of oil in February, steady from January and down 12 per cent from December, following OPEC deals to cut output Reuter has reported. According to the report February exports

David Ngong Chiatoh, the controversial Mayor of Njinikom, has been accused of attempting to sabotage a street lighting project in his municipality.

Residents of Gbazango layout in Kubwa yesterday called on the authorities of Bwari Area Council and the Power Holding Company of Nigeria to provide solutions to their bad roads and epileptic power supply.

The Chronicle is a witness to a special covenant that the good people of Ghana made with candidate Mills, and which they have subsequently honoured their part of the bargain, resulting in the grand investiture which was held on Wednesday,

Oil traded higher on Wednesday, reaching $43 a barrel after diving 12 percent overnight, partly due to higher than expected U.S. crude stocks data that hardened evidence of weakening demand.

The need to separate the running of Nigeria's oil and gas industry from politics is a major reason behind the reforms about to be embarked upon by the Federal Government, THISDAY was told yesterday.