tag:blogger.com,1999:blog-32436561633232835942024-03-19T10:55:09.660+01:00CaritasBlogCaritas OilBloghttp://www.blogger.com/profile/04969938065563757774noreply@blogger.comBlogger1727125tag:blogger.com,1999:blog-3243656163323283594.post-22313877849409338292017-02-01T19:41:00.001+01:002017-02-01T19:41:10.261+01:00FG, STATES, IOCS TO ADOPT COLLABORATIVE APPROACH FOR DEVT OF N’DELTA<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjnIPY12T7woL2Tyy_sDsXp-I5bpuyAgHHn8EEhFz64rfzbms_kuTigIMLqUt3le7Ysbzs0SVBOBU8jO_OywhaLT728_p_iDk4faqgw5zwNzWXIQ38RmqH5d2Zt6rZWEyLF84m4C-fKMtU4/s1600/oil+prod.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="215" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjnIPY12T7woL2Tyy_sDsXp-I5bpuyAgHHn8EEhFz64rfzbms_kuTigIMLqUt3le7Ysbzs0SVBOBU8jO_OywhaLT728_p_iDk4faqgw5zwNzWXIQ38RmqH5d2Zt6rZWEyLF84m4C-fKMtU4/s320/oil+prod.jpg" width="320" /></a></div>
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<span style="background-color: white; color: #212121; font-family: Tahoma, Arial, sans-serif; font-size: 12px; text-align: justify;">In furtherance of efforts to entrench peace in the Niger Delta, the federal government, international oil companies (IOCs) and other stakeholders have kicked off a collaborative approach aimed at maximising resources for the sustainable development of the region.</span><br />
<span style="background-color: white; color: #212121; font-family: Tahoma, Arial, sans-serif; font-size: 12px; text-align: justify;"><a href="http://www.thisdaylive.com/index.php/2017/02/01/fg-states-iocs-to-adopt-collaborative-approach-for-devt-of-ndelta/" target="_blank"><br /></a></span>
<span style="background-color: white; color: #212121; font-family: Tahoma, Arial, sans-serif; font-size: 12px; text-align: justify;"><a href="http://www.thisdaylive.com/index.php/2017/02/01/fg-states-iocs-to-adopt-collaborative-approach-for-devt-of-ndelta/" target="_blank">Read more</a></span>Caritas OilBloghttp://www.blogger.com/profile/04969938065563757774noreply@blogger.com0tag:blogger.com,1999:blog-3243656163323283594.post-11983961564516020172017-01-26T13:05:00.004+01:002017-01-26T13:05:51.267+01:00WHY WE SPONSOR QUIZ CONTESTS, BY MOBIL<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiZYjffs5AOrXoFo8ai73Xiv3rm7NOar7cy2zBAyedszxNSPpxyDQbbZ_WE73WSEZgoG_l8kZqTJxLfq9UDMW6lkpl_GPFuSlZY17Ekp1s7bphbkjIe-PtqMeMgOfJR3g07Sca54Ban-QBn/s1600/ExxonMobil+%25281%2529.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="208" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiZYjffs5AOrXoFo8ai73Xiv3rm7NOar7cy2zBAyedszxNSPpxyDQbbZ_WE73WSEZgoG_l8kZqTJxLfq9UDMW6lkpl_GPFuSlZY17Ekp1s7bphbkjIe-PtqMeMgOfJR3g07Sca54Ban-QBn/s320/ExxonMobil+%25281%2529.jpg" width="320" /></a></div>
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<span lang="EN-US" style="font-family: "Arial",sans-serif; font-size: 10.0pt; mso-ansi-language: EN-US;">Mobil
Producing Nigeria (MPN) has said that it sponsors quiz competitions amongst
secondary schools in Bonny, Rivers State, because “it is a key strategy for
enhancing reading and learning culture amongst students in the locality.” The
General Manager, Public and Government Affairs of MPN, Mr Paul Arinze, who said
this during the seventh edition of the competition organised for secondary
schools in Bonny by NNPC/Mobil Joint Venture, expressed hope that the programme
would continue to provide a platform for interaction and healthy competition
amongst the students.<o:p></o:p></span></div>
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<span lang="EN-US" style="font-family: "Arial",sans-serif; font-size: 10.0pt; mso-ansi-language: EN-US;"><a href="http://thenationonlineng.net/sponsor-quiz-contests-mobil/" target="_blank"><br /></a></span></div>
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<span lang="EN-US" style="font-family: "Arial",sans-serif; font-size: 10.0pt; mso-ansi-language: EN-US;"><a href="http://thenationonlineng.net/sponsor-quiz-contests-mobil/" target="_blank">Read more</a></span></div>
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Caritas OilBloghttp://www.blogger.com/profile/04969938065563757774noreply@blogger.com1tag:blogger.com,1999:blog-3243656163323283594.post-68521068712636788012017-01-26T13:01:00.001+01:002017-01-26T13:01:49.476+01:00NNPC LACKS OIL TRADING SKILLS, SAYS GMD<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEijO-T3Ylm4gVIT3T80xPvmcys3WXRRiEr3sBtcmyRIdt3yLTC-tZq09GInqcgsZmU2IVc6p1D4dGSRKy-A_8GrvSOy2OrHEU27f1CKYilimimLrYalpWryj3iTBxn2_bgNY5KyAl-0z8dP/s1600/%25E2%2580%25A2-NNPC-Headquarters...-Nigeria%25E2%2580%2599s-sleaze-m-achine1.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEijO-T3Ylm4gVIT3T80xPvmcys3WXRRiEr3sBtcmyRIdt3yLTC-tZq09GInqcgsZmU2IVc6p1D4dGSRKy-A_8GrvSOy2OrHEU27f1CKYilimimLrYalpWryj3iTBxn2_bgNY5KyAl-0z8dP/s1600/%25E2%2580%25A2-NNPC-Headquarters...-Nigeria%25E2%2580%2599s-sleaze-m-achine1.jpg" /></a></div>
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<span style="font-family: "Arial",sans-serif; font-size: 10.0pt; line-height: 107%;">The Group Managing of the Nigerian National Petroleum
Corporation, Dr. Maikanti Baru, on Wednesday said the firm lacked international
oil trading skills. According to him, several attempts made by the national oil
firm’s management in the past to have a stronghold on oil trading have not
yielded the expected dividend.<o:p></o:p></span></div>
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<span style="font-family: "Arial",sans-serif; font-size: 10.0pt; line-height: 107%;"><a href="http://punchng.com/nnpc-lacks-oil-trading-skills-says-gmd/" target="_blank">Read more</a><o:p></o:p></span></div>
Caritas OilBloghttp://www.blogger.com/profile/04969938065563757774noreply@blogger.com0tag:blogger.com,1999:blog-3243656163323283594.post-65507213689986627922017-01-26T12:36:00.002+01:002017-01-26T12:36:58.117+01:00TOTAL RETURNS TO THE “CAPE OF STORMS” IN LATE 2017<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEilAgoHwihD9OHsCxF68kt4Ioz1IGfdqb0VcK-syxnPVSIOOhQHLNc6pYJimdw2h0i8Am5-kj5kUZ_MrZ3AVENJ9EH2ux19RtPR5NyLZIW7mFRlLbJrVjHEhPPOmzUZaEhhlsmI0u4RGt1Z/s1600/Total-corporate-hq-560x390.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="222" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEilAgoHwihD9OHsCxF68kt4Ioz1IGfdqb0VcK-syxnPVSIOOhQHLNc6pYJimdw2h0i8Am5-kj5kUZ_MrZ3AVENJ9EH2ux19RtPR5NyLZIW7mFRlLbJrVjHEhPPOmzUZaEhhlsmI0u4RGt1Z/s320/Total-corporate-hq-560x390.jpg" width="320" /></a></div>
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<span style="font-family: "Arial",sans-serif; font-size: 10.0pt;">Total
will return to drilling in the ‘Cape Of Storms’ in late 2017, a full year and several
months after the original planned date. The French major halted drilling in
Block 11B/12B in South Africa’s offshore Outeniqua Basin in November 2014
because of mechanical problems on the rig, caused by the challenging
environment in the Agulhas, with its chaotic combination of currents, waves and
winds, which contrasts sharply with the mild metocean conditions of the West
African deepwater.<o:p></o:p></span></div>
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<span style="font-family: "Arial",sans-serif; font-size: 10.0pt;"><a href="http://africaoilgasreport.com/2016/12/oil-patch-sub-sahara/total-returns-to-the-cape-of-storms-in-late-2017/" target="_blank">Read more</a></span></div>
Caritas OilBloghttp://www.blogger.com/profile/04969938065563757774noreply@blogger.com0tag:blogger.com,1999:blog-3243656163323283594.post-74257267338025737882017-01-25T19:54:00.000+01:002017-01-25T19:54:05.983+01:00NIGERIA SEES OIL HITTING MID-$60S IN COMING MONTHS AS OPEC BITES<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEidyADE5h2Z2Z7PPuKaWrMyV6iUjysE9aZ62pM7eDWfGV5mMMBg0chqhT4xoeb4uUlL49HUvojRdcj72gfmbUwbnMpovbNoFQa3TM5GqscWOQoHmE3LYGijRbGA8DQ8cm8tTtmph_ddzqE_/s1600/oil-price-rise.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="231" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEidyADE5h2Z2Z7PPuKaWrMyV6iUjysE9aZ62pM7eDWfGV5mMMBg0chqhT4xoeb4uUlL49HUvojRdcj72gfmbUwbnMpovbNoFQa3TM5GqscWOQoHmE3LYGijRbGA8DQ8cm8tTtmph_ddzqE_/s320/oil-price-rise.jpg" width="320" /></a></div>
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<span lang="EN-US" style="font-family: "Arial",sans-serif; font-size: 10.0pt; mso-ansi-language: EN-US;">Crude oil prices hovering around
$55 a barrel since early December, will climb by about $10 in the coming
months, as OPEC-led measures to curb a glut take hold, Nigeria’s oil minister
said. “Ultimately, the effects over the next few months will get us to where we
want to be, which is in the mid-$60s.”<o:p></o:p></span></div>
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<span lang="EN-US" style="font-family: "Arial",sans-serif; font-size: 10.0pt; mso-ansi-language: EN-US;"><a href="https://www.businessdayonline.com/nigeria-sees-oil-hitting-mid-60s-coming-months-opec-bites-2/" target="_blank">Read more</a></span><span style="font-family: "Arial",sans-serif; font-size: 10.0pt;"><o:p></o:p></span></div>
Caritas OilBloghttp://www.blogger.com/profile/04969938065563757774noreply@blogger.com0tag:blogger.com,1999:blog-3243656163323283594.post-88293089618607263112017-01-25T19:48:00.000+01:002017-01-25T19:48:41.828+01:00INDIGENOUS FIRMS NEARING COMPLETION OF STRUCTURES FOR $16B EGINA FPSO PROJECT<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiid1e9QTsoFXzc5q_vdxF6ehyphenhyphenU0JiDT_CFNZ7E6P1O-PLDk2CFL1U6OMxtLhF418eXHT44CuZ72YS5jw7G_4U9H2GWEAsCUa6IxBY5IzuwIHggG_eNCN0sLYkWAk9IPht-FOAfSSMrreUk/s1600/Total+Egina-FPSO-project.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="225" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiid1e9QTsoFXzc5q_vdxF6ehyphenhyphenU0JiDT_CFNZ7E6P1O-PLDk2CFL1U6OMxtLhF418eXHT44CuZ72YS5jw7G_4U9H2GWEAsCUa6IxBY5IzuwIHggG_eNCN0sLYkWAk9IPht-FOAfSSMrreUk/s400/Total+Egina-FPSO-project.jpg" width="400" /></a></div>
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<span style="color: #212121; font-family: "Arial",sans-serif; font-size: 10.0pt; line-height: 107%;">Indigenous oil firms have demonstrated local
capacity in the execution of the over $16 billion worth Floating Production
Storage and Offloading (FPSO) facility for Total’s Egina oil field project. The
Egina field, when completed, is expected to add 200,000 barrels per day to the
national oil production by 2018, while the project will be completed in 2017.</span><span style="font-family: "Arial",sans-serif; font-size: 10.0pt; line-height: 107%;"><o:p></o:p></span></div>
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<span style="color: #212121; font-family: "Arial",sans-serif; font-size: 10.0pt; line-height: 107%;"><a href="http://guardian.ng/energy/indigenous-firms-nearing-completion-of-structures-for-16b-egina-fpso-project/" target="_blank">Read more</a></span></div>
Caritas OilBloghttp://www.blogger.com/profile/04969938065563757774noreply@blogger.com0tag:blogger.com,1999:blog-3243656163323283594.post-8636424722857271422017-01-25T19:45:00.001+01:002017-01-25T19:45:23.330+01:00UPSTREAM ASSETS ACQUISITION TRIPLED TO $31BN IN DECEMBER – REPORT <div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiIJzsvPYBY5ZDN7t6tBrC7NfH361v1IV2VW3VbthOHUoBPvuPgH-D_nDhyphenhyphen3Eeu7EZg4kgALGNWhZMQG_xXo4g8Y0Wnq6BXQY4YWp59LJRTwotD7biZF1jnJFB2fVgpjuxFdGSC9zZ0vGO9/s1600/ajeoilfield.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="220" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiIJzsvPYBY5ZDN7t6tBrC7NfH361v1IV2VW3VbthOHUoBPvuPgH-D_nDhyphenhyphen3Eeu7EZg4kgALGNWhZMQG_xXo4g8Y0Wnq6BXQY4YWp59LJRTwotD7biZF1jnJFB2fVgpjuxFdGSC9zZ0vGO9/s320/ajeoilfield.jpg" width="320" /></a></div>
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<span style="font-family: "Arial",sans-serif; font-size: 10.0pt;">Total
acquisitions of oil and gas fields, known as upstream assets, tripled to $31
billion in December, according to data from consultancy Energy Market Square. Deals
in the last month of 2016 alone accounted for nearly a quarter of total
activity during the year, the report added.<o:p></o:p></span></div>
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<span style="font-family: "Arial",sans-serif; font-size: 10.0pt;"><a href="http://sweetcrudereports.com/2017/01/25/upstream-assets-acquisition-tripled-to-31bn-in-december-report/" target="_blank">Read more</a> </span></div>
Caritas OilBloghttp://www.blogger.com/profile/04969938065563757774noreply@blogger.com0tag:blogger.com,1999:blog-3243656163323283594.post-20566361505950540262017-01-20T17:24:00.001+01:002017-01-20T17:24:23.206+01:00KEROSENE FULLY DEREGULATED, SAYS PPPRA<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhtiUAUjmE6_QMcN8GVt4HO8LP15MJJK007Q41i7x0LQVyhacYSMLanqW_RFSPP4AdnYGEeRQ-CA1Izo2npI5WKF38jwoPi1Se8GkDhnLMBbNiGQ8VFMXB5oB9qYThRdsX3Md5ThObEwxop/s1600/kerosene-pump.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="213" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhtiUAUjmE6_QMcN8GVt4HO8LP15MJJK007Q41i7x0LQVyhacYSMLanqW_RFSPP4AdnYGEeRQ-CA1Izo2npI5WKF38jwoPi1Se8GkDhnLMBbNiGQ8VFMXB5oB9qYThRdsX3Md5ThObEwxop/s320/kerosene-pump.jpg" width="320" /></a></div>
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<span lang="EN-US" style="font-family: "Arial",sans-serif; font-size: 10.0pt; mso-ansi-language: EN-US;">The Petroleum Products Pricing
Regulatory Agency on Thursday said that the kerosene market had been fully
deregulated and that there was no plan to increase petrol price. Its reaction
on kerosene was based on the recent astronomical hike in the price of the
product and calls by consumers as well as operators for an intervention by the
Federal Government.<o:p></o:p></span></div>
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<span lang="EN-US" style="font-family: "Arial",sans-serif; font-size: 10.0pt; mso-ansi-language: EN-US;"><a href="http://punchng.com/kerosene-fully-deregulated-says-pppra/" target="_blank">Read more </a></span></div>
Caritas OilBloghttp://www.blogger.com/profile/04969938065563757774noreply@blogger.com0tag:blogger.com,1999:blog-3243656163323283594.post-6954083997612826912017-01-20T17:19:00.000+01:002017-01-20T17:19:24.625+01:00NCDMB PLANS CATEGORISATION OF OIL, GAS FABRICATION YARDS<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEihpP8sj-Zv1AZbBWdKmmsgFl42LERZnqVwmjfX6Qta3nk4pinqKeFr93lfZrOqEmUBWQ322wj9FI32mXnhyphenhyphen8JkVriJp-En1Hs1U8P2ngyD8Qvr1vq_4LnpinDTosDxXevUWxZ_-XJG4_J-/s1600/NCDMB-lagos.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="257" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEihpP8sj-Zv1AZbBWdKmmsgFl42LERZnqVwmjfX6Qta3nk4pinqKeFr93lfZrOqEmUBWQ322wj9FI32mXnhyphenhyphen8JkVriJp-En1Hs1U8P2ngyD8Qvr1vq_4LnpinDTosDxXevUWxZ_-XJG4_J-/s320/NCDMB-lagos.jpg" width="320" /></a></div>
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<span style="font-family: "Arial",sans-serif; font-size: 10.0pt;">The
Nigerian Content Development and Monitoring Board (NCDMB) has said as
parts of it efforts to support investments in the oil
and gas sector it would soon embark on the categorisation of the
over $10billion fabrication yards and other major service companies scattered
across the country for specific work scopes.<o:p></o:p></span></div>
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<span style="font-family: "Arial",sans-serif; font-size: 10.0pt;"><a href="https://www.businessdayonline.com/ncdmb-plans-categorisation-oil-gas-fabrication-yards/" target="_blank">Read more</a></span></div>
Caritas OilBloghttp://www.blogger.com/profile/04969938065563757774noreply@blogger.com0tag:blogger.com,1999:blog-3243656163323283594.post-33066222455330536932017-01-20T17:15:00.000+01:002017-01-20T17:15:05.319+01:00TOTAL NIGERIA LAUNCHES TRUCK RENEWAL SCHEME<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiXUxf1-L9x5VzKv7SvgQa4UQNTxtxUyGuf9xUs7cZH70lVGyLporrgMcG-QsEkxM8QDHkeb9j-NqC7lk88r5e6i2I_kU7LPGknDxd9Kipd4qHEwuw92kaBTjfnDtQ970V4nC2lRFbA0APq/s1600/Total-Nigeria-truck-560x390.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="222" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiXUxf1-L9x5VzKv7SvgQa4UQNTxtxUyGuf9xUs7cZH70lVGyLporrgMcG-QsEkxM8QDHkeb9j-NqC7lk88r5e6i2I_kU7LPGknDxd9Kipd4qHEwuw92kaBTjfnDtQ970V4nC2lRFbA0APq/s320/Total-Nigeria-truck-560x390.jpg" width="320" /></a></div>
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<span lang="EN-US" style="font-family: "Arial",sans-serif; font-size: 10.0pt; mso-ansi-language: EN-US;">Total Nigeria unveiled new fleet of
trucks in Lagos to launch its truck renewal scheme. The robust fleet
acquisition scheme is targeted at renewing 20 percent of Total Nigeria’s fleet
of trucks in 2017 in order to ensure a continuation of its sustainable business
model.</span><span style="font-family: "Arial",sans-serif; font-size: 10.0pt;"><o:p></o:p></span></div>
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<span lang="EN-US" style="font-family: "Arial",sans-serif; font-size: 10.0pt; mso-ansi-language: EN-US;"><a href="https://www.businessdayonline.com/total-nigeria-launches-truck-renewal-scheme/" target="_blank">Read more</a></span></div>
Caritas OilBloghttp://www.blogger.com/profile/04969938065563757774noreply@blogger.com0tag:blogger.com,1999:blog-3243656163323283594.post-85299273513005178302017-01-19T13:59:00.001+01:002017-01-19T13:59:08.398+01:00COURT REPRIMANDS FG FOR POOR HANDLING OF CASES AGAINST IOCS<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiM4xbpiYrHxcJ6Ry_SVB4Ep4hS1l7snslPpcePsJqP_c5Lvlemq-lfDfXrj3fFTFrdboTYZc9M1PIW7Gl_8PfeEKuij-3a3MlMXQ5zmDRRcgmr0R2JYYc-Kv-idPYR_X89mEY1Piw3hvzE/s1600/court-1.jpeg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiM4xbpiYrHxcJ6Ry_SVB4Ep4hS1l7snslPpcePsJqP_c5Lvlemq-lfDfXrj3fFTFrdboTYZc9M1PIW7Gl_8PfeEKuij-3a3MlMXQ5zmDRRcgmr0R2JYYc-Kv-idPYR_X89mEY1Piw3hvzE/s1600/court-1.jpeg" /></a></div>
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<span style="font-family: "Arial",sans-serif; font-size: 10.0pt;">Justice
Mojisola Olatoregun of the Federal High Court in Lagos yesterday reprimanded
the federal government for not diligently prosecuting its case against Shell
and other oil companies. At the resumed hearing of the case yesterday, counsel
to the plaintiff, Mr. Charles Nwabulu, informed the court of his application
for amendment of his pleadings.<o:p></o:p></span></div>
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<span style="font-family: "Arial",sans-serif; font-size: 10.0pt;"><a href="http://www.thisdaylive.com/index.php/2017/01/19/court-reprimands-fg-for-poor-handling-of-cases-against-iocs/" target="_blank">Read more</a></span></div>
Caritas OilBloghttp://www.blogger.com/profile/04969938065563757774noreply@blogger.com0tag:blogger.com,1999:blog-3243656163323283594.post-89441360856562995602017-01-19T13:45:00.000+01:002017-01-19T13:45:12.150+01:00EWT FABRICATES PILES FOR TOTAL’S $15BN EGINA PROJECT<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhySBmM4zlmEckEgBOrdxqWm4ujVOwkor7z8stLeES0q4T9S6oJOydl17BNvxBTe3qdgObTHMgoaq2rd9lZTUrMZgMqka-xowgAm4YlUWQQAlouHhIbPyruPCn9qIx1WZvnnaMbOV5_EypL/s1600/Total-corporate-hq-560x390.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="222" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhySBmM4zlmEckEgBOrdxqWm4ujVOwkor7z8stLeES0q4T9S6oJOydl17BNvxBTe3qdgObTHMgoaq2rd9lZTUrMZgMqka-xowgAm4YlUWQQAlouHhIbPyruPCn9qIx1WZvnnaMbOV5_EypL/s320/Total-corporate-hq-560x390.jpg" width="320" /></a></div>
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<span lang="EN-US" style="font-family: "Arial",sans-serif; font-size: 10.0pt; mso-ansi-language: EN-US; mso-fareast-language: EN-GB;">A subsidiary
of the Obijackson Group, Energy Works Technology Limited, has completed the
fabrication of nine Oil Loading Terminal buoy anchor mooring piles for the
Egina field development by Total Upstream Nigeria Limited. </span><span style="font-family: Arial, sans-serif; font-size: 10pt;">The
piles were inaugurated on Tuesday during the load-out and sail-away ceremony at
Nestoil Industrial Area, Abuloma Jetty, Port Harcourt.</span></div>
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<span style="font-family: Arial, sans-serif; font-size: 10pt;"><a href="http://punchng.com/ewt-fabricates-piles-totals-15bn-egina-project/" target="_blank">Read more</a></span></div>
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Caritas OilBloghttp://www.blogger.com/profile/04969938065563757774noreply@blogger.com0tag:blogger.com,1999:blog-3243656163323283594.post-48300194014387657022017-01-19T13:39:00.000+01:002017-01-19T13:39:54.925+01:00OPEC RAISES OIL FORECAST TO 95.60 MILLION BPD <div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjsgxDrvyK8zYuV9sZ6FkftbDPegr3i2U1gxBUWRht4QQ-KXqJ7gK-RXaeFgqZw6ycX6us78q3W7Gg4-slC2BJUEd8xf-NjwUESgPnykxhnZ2s2qSHUNvx-yQZBXNbmrJvYIs8tUlP8g9R3/s1600/4th-story1.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="249" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjsgxDrvyK8zYuV9sZ6FkftbDPegr3i2U1gxBUWRht4QQ-KXqJ7gK-RXaeFgqZw6ycX6us78q3W7Gg4-slC2BJUEd8xf-NjwUESgPnykxhnZ2s2qSHUNvx-yQZBXNbmrJvYIs8tUlP8g9R3/s320/4th-story1.jpg" width="320" /></a></div>
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<span style="color: #212121; font-family: "arial" , sans-serif; font-size: 10.0pt; line-height: 107%;">The Organisation of the Petroleum Exporting
Countries, in its latest Monthly Oil Market Report, raised its forecast for
global crude oil demand to 95.60 million barrels daily, up by 1.16 million bpd
from the estimated 2016 average of 94.44 million barrels daily.</span><span style="font-family: "arial" , sans-serif; font-size: 10.0pt; line-height: 107%;"><o:p></o:p></span><br />
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<span style="color: #212121; font-family: "arial" , sans-serif; font-size: 10.0pt; line-height: 107%;"><a href="http://punchng.com/opec-raises-oil-forecast-95-60-million-bpd/" target="_blank">Read more</a></span></div>
Caritas OilBloghttp://www.blogger.com/profile/04969938065563757774noreply@blogger.com0tag:blogger.com,1999:blog-3243656163323283594.post-55548198305271312082017-01-16T12:51:00.000+01:002017-01-16T12:51:08.601+01:00PROFITABLE RETAIL OPERATIONS BUOY TOTAL NIGERIA EARNINGS<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjveRfAVCS3sHRN8QMoWMwe3ubinjSVWCNTfBWJrxJxrm4ZhvXwoIHOV2-kplUp-my7vBDOsRVucJ7S85JWH9rbGYdnVpua_BT7B27b-pR_f-3VxEm96TyDpaOZBdcUceJcs2Pjs2Hp3xH3/s1600/Total-Nigeria.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="220" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjveRfAVCS3sHRN8QMoWMwe3ubinjSVWCNTfBWJrxJxrm4ZhvXwoIHOV2-kplUp-my7vBDOsRVucJ7S85JWH9rbGYdnVpua_BT7B27b-pR_f-3VxEm96TyDpaOZBdcUceJcs2Pjs2Hp3xH3/s320/Total-Nigeria.jpg" width="320" /></a></div>
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<span style="font-family: "Arial",sans-serif; font-size: 10.0pt;">In
the midst of operating difficult which characterised much of 2016 Total Nigeria
emerged the top earner on the back of its downstream operations. From the first
quarter of 2016, the company maintained high growth momentum and ended the year
as the leading company by earnings per share.<o:p></o:p></span></div>
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<span style="font-family: "Arial",sans-serif; font-size: 10.0pt;"><a href="https://www.businessdayonline.com/profitable-retail-operations-buoy-total-nigeria-earnings/" target="_blank">Read more</a></span></div>
Caritas OilBloghttp://www.blogger.com/profile/04969938065563757774noreply@blogger.com0tag:blogger.com,1999:blog-3243656163323283594.post-73641987443200484122017-01-16T12:44:00.001+01:002017-01-16T12:44:42.458+01:00SHELL, NNPC, OTHERS SURGE NIGERIA’S CRUDE PRODUCTION ABOVE 1.8M BARRELS DAILY<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjiYl1umS53AdmO5gXCCnvEaCPLkNVywrtjdt_wLieOaOrr6whK3LT2X8602oEanNcvGMg6ODBEx0MBXKoLFLvau_BZOKQYFvvQKnMEfWu8e8ZW_ucLOCIjpMqaapO429ZCQlm7XpuwTUdd/s1600/barrelsofcrudeoil.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="204" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjiYl1umS53AdmO5gXCCnvEaCPLkNVywrtjdt_wLieOaOrr6whK3LT2X8602oEanNcvGMg6ODBEx0MBXKoLFLvau_BZOKQYFvvQKnMEfWu8e8ZW_ucLOCIjpMqaapO429ZCQlm7XpuwTUdd/s320/barrelsofcrudeoil.png" width="320" /></a></div>
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<span style="font-family: "Arial",sans-serif; font-size: 10.0pt;">Nigeria’s
crude oil output from contracts and ventures between international oil
companies (IOCs) such as Shell and the Nigerian National Petroleum Corporation
(NNPC) has surged above 1.8 million barrels per day (bpd), owing to the
relative peace in the oil rich Niger Delta.<o:p></o:p></span></div>
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<span style="font-family: "Arial",sans-serif; font-size: 10.0pt;"><a href="https://newtelegraphonline.com/business/shell-nnpc-others-surge-nigerias-crude-production-1-8m-barrels-daily/" target="_blank">Read more </a></span></div>
Caritas OilBloghttp://www.blogger.com/profile/04969938065563757774noreply@blogger.com0tag:blogger.com,1999:blog-3243656163323283594.post-51736880854416390682017-01-16T12:39:00.001+01:002017-01-16T14:24:10.404+01:00NNPC TO FAST-TRACK REPAIRS OF VANDALISED PIPES<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgV5ENYsE_UzpKp9u-Nt2HyYOkOfvknwyYzas3FCbdNE9DTjOiy7mplNBPOgvNXxyiKDZ6DEUq5gcUB9YmGL2cK3GkmDmMNhuBqAqqaQRw41eNi5A3ZAuETbJrKMbbiJn7nSZQsS5aVeUTV/s1600/escravos.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="176" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgV5ENYsE_UzpKp9u-Nt2HyYOkOfvknwyYzas3FCbdNE9DTjOiy7mplNBPOgvNXxyiKDZ6DEUq5gcUB9YmGL2cK3GkmDmMNhuBqAqqaQRw41eNi5A3ZAuETbJrKMbbiJn7nSZQsS5aVeUTV/s320/escravos.png" width="320" /></a></div>
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<span style="font-family: "arial" , sans-serif; font-size: 10.0pt;">The
Nigerian National Petroleum Corporation (NNPC) has promised to fast-track the
repairs of all pipelines vandalised last year to ensure stable gas supply to
thermal power plants for improved power supply. The Corporation made the
commitment during a closed-door meeting of operators and stakeholders in the
power sector with the Minister of Power, Works and Housing, Mr. Babatunde
Fashola, in Lagos.<o:p></o:p></span></div>
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<span style="font-family: "arial" , sans-serif; font-size: 10.0pt;"><a href="http://thenationonlineng.net/nnpc-fast-track-repairs-vandalised-pipes/" target="_blank">Readmore</a><o:p></o:p></span></div>
Caritas OilBloghttp://www.blogger.com/profile/04969938065563757774noreply@blogger.com0tag:blogger.com,1999:blog-3243656163323283594.post-76935708778924513532017-01-16T12:24:00.001+01:002017-01-16T12:24:50.227+01:00RENEWED OIL SEARCH PUSHES NNPC’S DEFICITS TO N19BN<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEijxn8ZaEngBwCaV6JjQGhJNlG8J1oN9hyphv3XXQ68RyxENSuQoQPcZJAuwYmhdyr7CCo4FYRM0ZtGSUxyKj_yxX1nKagLnO01zHTg0nHIcpOKEyd9Q9lq3SNosj9Mz1b6wJRV3NYXBehB/s1600/%25E2%2580%25A2-NNPC-Headquarters...-Nigeria%25E2%2580%2599s-sleaze-m-achine1.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEijxn8ZaEngBwCaV6JjQGhJNlG8J1oN9hyphv3XXQ68RyxENSuQoQPcZJAuwYmhdyr7CCo4FYRM0ZtGSUxyKj_yxX1nKagLnO01zHTg0nHIcpOKEyd9Q9lq3SNosj9Mz1b6wJRV3NYXBehB/s1600/%25E2%2580%25A2-NNPC-Headquarters...-Nigeria%25E2%2580%2599s-sleaze-m-achine1.jpg" /></a></div>
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<span style="font-family: "Arial",sans-serif; font-size: 10.0pt;">The
renewed search for crude oil in the frontier inland basins has started
impacting the monthly trading financials of the Nigerian National Petroleum
Corporation (NNPC), its monthly financial and operations report for November
2016 has disclosed.<o:p></o:p></span></div>
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<span style="font-family: "Arial",sans-serif; font-size: 10.0pt;"><a href="http://www.thisdaylive.com/index.php/2017/01/15/renewed-oil-search-pushes-nnpcs-deficits-to-n19bn/" target="_blank">Readmore</a><o:p></o:p></span></div>
Caritas OilBloghttp://www.blogger.com/profile/04969938065563757774noreply@blogger.com0tag:blogger.com,1999:blog-3243656163323283594.post-49883354828914149742017-01-16T12:20:00.000+01:002017-01-16T12:20:26.997+01:00NLC CHIEF WARNS FOREIGN OIL FIRMS AGAINST DISRESPECT OF LABOUR LAWS<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhWjOeOJ3A2DlNcrD8QgO-Mwm5YpHOVOCgsbg4wi0GnUq8PKoEJyMcivuoHyTdmUkuQgyIWvJLlcTIgYpL1WfICjhyphenhyphen4P4DLylAC8vKYFxRh31ILMOB0j4MmgK0HBZOVXQ7JNm2hcjTWDt5r/s1600/labour.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="180" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhWjOeOJ3A2DlNcrD8QgO-Mwm5YpHOVOCgsbg4wi0GnUq8PKoEJyMcivuoHyTdmUkuQgyIWvJLlcTIgYpL1WfICjhyphenhyphen4P4DLylAC8vKYFxRh31ILMOB0j4MmgK0HBZOVXQ7JNm2hcjTWDt5r/s320/labour.jpg" width="320" /></a></div>
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<span lang="EN-US" style="font-family: "Arial",sans-serif; font-size: 10.0pt; mso-ansi-language: EN-US;">Leading labour leader, Issa Aremu
has urged international oil companies (IOCs) operating in Nigeria to ensure
decent work conditions for their workers in tune with the nation’s laws. Aremu
was speaking yesterday against the backdrop of the recent three-day warning
strike called by the National Union of Petroleum and Natural Gas Workers
(NUPENG), Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and
Nigeria National Petroleum Corporation (NNPC). <o:p></o:p></span></div>
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<span lang="EN-US" style="font-family: "Arial",sans-serif; font-size: 10.0pt; mso-ansi-language: EN-US;"><a href="https://guardian.ng/news/nlc-chief-warns-foreign-oil-firms-against-disrespect-of-labour-laws/" target="_blank">Read more</a><o:p></o:p></span></div>
Caritas OilBloghttp://www.blogger.com/profile/04969938065563757774noreply@blogger.com0tag:blogger.com,1999:blog-3243656163323283594.post-15773624081330465592017-01-16T12:15:00.000+01:002017-01-16T12:15:13.243+01:0050 COMPANIES BID FOR NNPC’S BOAT SUPPLY CONTRACT <div class="separator" style="clear: both; text-align: center;">
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjmmIkk9F4EQuaztM1r5dEQVMPD0K3ntwFR7DLQThDsJPE4gv5d_piK_Dl9e4wraRQwPzwGP_lvdqN6R2jg6Um7MRfAeFHdf8Sap2k1wPkkyvfxbMzKzilwKDCslOjn7WYBggVcx_7QrG8c/s1600/tugboat1.gif" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="223" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjmmIkk9F4EQuaztM1r5dEQVMPD0K3ntwFR7DLQThDsJPE4gv5d_piK_Dl9e4wraRQwPzwGP_lvdqN6R2jg6Um7MRfAeFHdf8Sap2k1wPkkyvfxbMzKzilwKDCslOjn7WYBggVcx_7QrG8c/s320/tugboat1.gif" width="320" /></a></div>
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<span lang="EN-US" style="font-family: "Arial",sans-serif; font-size: 10.0pt; mso-ansi-language: EN-US; mso-fareast-language: EN-GB;"><br /></span></div>
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<span lang="EN-US" style="font-family: "Arial",sans-serif; font-size: 10.0pt; mso-ansi-language: EN-US; mso-fareast-language: EN-GB;">At least
50 companies are scrambling to provide sea worthy tug boats on charter time
basis for the maritime operational requirements of the Nigerian National
Petroleum Corporation (NNPC) in Lagos, Warri and Port Harcourt. <o:p></o:p></span></div>
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<span lang="EN-US" style="font-family: "Arial",sans-serif; font-size: 10.0pt; mso-ansi-language: EN-US; mso-fareast-language: EN-GB;">The
public bid opening for the contract, which held at the NNPC Headquarters Abuja,
had in attendance representatives of the bidding companies with officials of
the Bureau of Public Procurement, BPP, Department of Petroleum Resources, DPR;
Nigerian Extractive Industries Transparency Initiative, NEITI; Nigerian Content
Development and Monitoring Board, NCDMB; and some members of the civil society
as observers. <o:p></o:p></span></div>
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<span lang="EN-US" style="font-family: "Arial",sans-serif; font-size: 10.0pt; mso-ansi-language: EN-US; mso-fareast-language: EN-GB;"><a href="https://guardian.ng/business-services/money/50-companies-bid-for-nnpcs-boat-supply-contract/" target="_blank">ReadMore</a><o:p></o:p></span></div>
Caritas OilBloghttp://www.blogger.com/profile/04969938065563757774noreply@blogger.com0tag:blogger.com,1999:blog-3243656163323283594.post-64378648293443214982017-01-04T13:21:00.000+01:002017-01-04T13:21:06.004+01:00FULL DOWNSTREAM DEREGULATION NECESSARY TO ATTRACT INVESTMENT<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEir7WAcZw3PpbYNEbdsISpAHMyi8FRCiAJpGGnwopLuHcpQyckMM5pcMe7ZlwVoP7qdfNlRVNilLnhGtNAzhpnRfiWOCdVxolVnIM40W9auFHlyhHNPmtSG3Sh0-2gmtaGGMPnB4UFC8cPJ/s1600/nigeriaoiltanker.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="180" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEir7WAcZw3PpbYNEbdsISpAHMyi8FRCiAJpGGnwopLuHcpQyckMM5pcMe7ZlwVoP7qdfNlRVNilLnhGtNAzhpnRfiWOCdVxolVnIM40W9auFHlyhHNPmtSG3Sh0-2gmtaGGMPnB4UFC8cPJ/s320/nigeriaoiltanker.jpg" width="320" /></a></div>
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<span lang="EN-US" style="font-family: "Arial",sans-serif; font-size: 10.0pt; mso-ansi-language: EN-US;">Deregulation will herald free market regime, where the forces of demand and supply will dictate price, and free government’s interference and price fixing. The stakeholders, which included the Minister of State for Petroleum Resources, Ibe Kachikwu; Chairman, Integrated Oil and Gas Limitd, Emmanuel Iheanacho; and former Executive Secretary of the Petroleum Products Pricing Regulatory Agency (PPPRA), Reginald Stanley, at different fora in Lagos emphised the need for quick deregulation of the subsector.<o:p></o:p></span></div>
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<span style="font-family: "Arial",sans-serif; font-size: 10.0pt;"><a href="http://guardian.ng/energy/full-downstream-deregulation-necessary-to-attract-investment/" target="_blank">Read more</a><o:p></o:p></span></div>
Caritas OilBloghttp://www.blogger.com/profile/04969938065563757774noreply@blogger.com0tag:blogger.com,1999:blog-3243656163323283594.post-64696423231285198072017-01-04T13:06:00.000+01:002017-01-04T13:06:22.675+01:00NIGERIA TO END IMPORTATION OF PETROLEUM PRODUCTS BY 2018 – MINISTER<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgoyzBON4SOxrAI8w_FFKOhEM7IB0_JiIwuNy3J6pEObvXuku1lmFhSOrB5LENlzuExE_2B44jm3cjAesMYALJlVMnscd_6pc8iFA8MR00ViXx1G6fvvZkItgLZuG-o4JJls2-HDJkKZXuc/s1600/barrelsofcrudeoil.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="204" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgoyzBON4SOxrAI8w_FFKOhEM7IB0_JiIwuNy3J6pEObvXuku1lmFhSOrB5LENlzuExE_2B44jm3cjAesMYALJlVMnscd_6pc8iFA8MR00ViXx1G6fvvZkItgLZuG-o4JJls2-HDJkKZXuc/s320/barrelsofcrudeoil.png" width="320" /></a></div>
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<span lang="EN-US" style="font-family: "Arial",sans-serif; font-size: 10.0pt; mso-ansi-language: EN-US; mso-fareast-language: EN-GB;">Minister of Science and Technology, Dr. Ogbonnaya Onu, has said the Federal Government will ban the importation of refined petroleum products by 2018. A statement, made available to our correspondent in Abuja, disclosed that Onu said this in his country home Uburu, Ohaozara Local Government Area of Ebonyi State while addressing a meeting of stakeholders of the ruling All Progressive Congress (APC).<o:p></o:p></span></div>
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<span lang="EN-US" style="font-family: "Arial",sans-serif; font-size: 10.0pt; mso-ansi-language: EN-US; mso-fareast-language: EN-GB;"><a href="http://sweetcrudereports.com/2017/01/04/nigeria-to-end-importation-of-petroleum-products-by-2018-minister/" target="_blank">Read more</a><o:p></o:p></span></div>
Caritas OilBloghttp://www.blogger.com/profile/04969938065563757774noreply@blogger.com0tag:blogger.com,1999:blog-3243656163323283594.post-39001233151888103632017-01-04T12:57:00.000+01:002017-01-04T12:57:27.794+01:00OIL HITS 18-MONTH HIGH AT $58PB AS OUTPUT CUT BEGINS <div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh5ysvzNRoX76FK_4VcxprRy_yJDcGOCFMt_kFjEWH2vNOEqNJi1qH6RWhW0orSnvU1XYgFjWJHAoKiXG4GsTVrUBo7Etxycsn59zxAM5ZAWpXIYhYtZLQs49yGXGnz7ZhBZJpDSQ6Md0yp/s1600/4th-story1.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="248" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh5ysvzNRoX76FK_4VcxprRy_yJDcGOCFMt_kFjEWH2vNOEqNJi1qH6RWhW0orSnvU1XYgFjWJHAoKiXG4GsTVrUBo7Etxycsn59zxAM5ZAWpXIYhYtZLQs49yGXGnz7ZhBZJpDSQ6Md0yp/s320/4th-story1.jpg" width="320" /></a></div>
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<span style="font-family: "Arial",sans-serif; font-size: 10.0pt;">Crude oil price rose to an 18-month high of $58.37 on the first day of trading in 2017, yesterday. This followed anticipations anchored on a possible deal between members of the Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC members, which could lead to cut in production.<o:p></o:p></span></div>
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<span style="font-family: "Arial",sans-serif; font-size: 10.0pt;"><a href="https://leadership.ng/business/565977/oil-hits-18-month-high-at-58pb-as-output-cut-begins" target="_blank">Readmore</a><o:p></o:p></span></div>
Caritas OilBloghttp://www.blogger.com/profile/04969938065563757774noreply@blogger.com0tag:blogger.com,1999:blog-3243656163323283594.post-14456370314621756052017-01-03T11:11:00.000+01:002017-01-03T11:11:16.617+01:00FG BEGINS N5,000 PAYMENT TO ONE MILLION POOR NIGERIANS<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh7X8WycMS3NP32j4wW-3FAOqULIYtbHhZCR4zzH_SewLuTVeozQ5JcQNOYATl5eavdIBwyzphQ3QKIbezuyyLBGZaUqD0gbqLHArjQq7VtG6Vi8E74ELQOh5QDfFTATFpjgpQfCuojmcBX/s1600/Buhari-1.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="204" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh7X8WycMS3NP32j4wW-3FAOqULIYtbHhZCR4zzH_SewLuTVeozQ5JcQNOYATl5eavdIBwyzphQ3QKIbezuyyLBGZaUqD0gbqLHArjQq7VtG6Vi8E74ELQOh5QDfFTATFpjgpQfCuojmcBX/s320/Buhari-1.jpg" width="320" /></a></div>
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<span lang="EN-US" style="font-family: "Arial",sans-serif; font-size: 10.0pt; mso-ansi-language: EN-US;">The Federal Government plans to
spend N915m on counterpart funding for the procurement of contraceptive
commodities this year. The budget for the national distribution of the
commodities is also included in the allocation. The sum is part of the total
sum of N31.bn allocated to the Federal Ministry of Health in the 2017
Appropriation Bill currently before the National Assembly.<o:p></o:p></span></div>
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<span style="font-family: "Arial",sans-serif; font-size: 10.0pt;"><a href="read:http://punchng.com/buhari-begins-n5000-payment-one-million-poor-nigerians/" target="_blank">Read more</a><o:p></o:p></span></div>
Caritas OilBloghttp://www.blogger.com/profile/04969938065563757774noreply@blogger.com0tag:blogger.com,1999:blog-3243656163323283594.post-70291567257807357392017-01-03T11:03:00.000+01:002017-01-03T11:03:23.356+01:00OIL PRODUCING SAUDI ARABIA AND MEXICO PLAN FUEL PRICE HIKES AS NIGERIA DIGS IN<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiBT2PkW-vHoNOAejG-DIohBBs-kbKwTUn1rXoBqJLKKVsnW3fRq4i8WxL0XtnjtklKVfVyiHCLU-WgvrfgUs1JXYBvZFukukb3FD5nvpFiP9cFMX1IfthCviWyy9vN56zvxTqngKFKSYhj/s1600/fuel3.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiBT2PkW-vHoNOAejG-DIohBBs-kbKwTUn1rXoBqJLKKVsnW3fRq4i8WxL0XtnjtklKVfVyiHCLU-WgvrfgUs1JXYBvZFukukb3FD5nvpFiP9cFMX1IfthCviWyy9vN56zvxTqngKFKSYhj/s1600/fuel3.jpg" /></a></div>
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<span style="font-family: "Arial",sans-serif; font-size: 10.0pt;">Saudi Arabia and Mexico will ditch artificially low petrol costs this year, as the increase in international oil prices combine with strained public finances to make it too expensive to maintain artificially low prices. This is in contrast to Nigeria, which has since resisted calls to review an eight-month old petrol price template.<o:p></o:p></span></div>
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<span style="font-family: "Arial",sans-serif; font-size: 10.0pt;"><a href="https://www.businessdayonline.com/oil-producing-saudi-arabia-mexico-plan-fuel-price-hikes-nigeria-digs/" target="_blank">Read more</a><o:p></o:p></span></div>
Caritas OilBloghttp://www.blogger.com/profile/04969938065563757774noreply@blogger.com0tag:blogger.com,1999:blog-3243656163323283594.post-40970643830363213912017-01-03T10:59:00.000+01:002017-01-03T10:59:09.900+01:00NIGERIA’S OIL OUTPUT TOPS FOREIGN INVESTORS’ CONCERN<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgX3PX84vQiK-gEvqI8tLDsSHTcNliDeezS7p_7sb2IWpte1FJ_xuQmP4QTnzbkATc09rTJVKcbfXTpTQDu5Sl8zDkhl0u4kO1V0pmz8lsFYTV2UAlDX5nhRd2IqHiLCBVWqmdaAC-m5WtY/s1600/barrels2.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="213" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgX3PX84vQiK-gEvqI8tLDsSHTcNliDeezS7p_7sb2IWpte1FJ_xuQmP4QTnzbkATc09rTJVKcbfXTpTQDu5Sl8zDkhl0u4kO1V0pmz8lsFYTV2UAlDX5nhRd2IqHiLCBVWqmdaAC-m5WtY/s320/barrels2.jpg" width="320" /></a></div>
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<span lang="EN-US" style="font-family: "Arial",sans-serif; font-size: 10.0pt; mso-ansi-language: EN-US;">Foreign investors planning to invest in Nigeria and other global markets this year are taking a keen look at the nation’s oil output among other factors. According to a <em>Financial Times’ </em>report, oil supply from the world’s biggest producers will be in focus from the first trading day of January as market participants assess the extent to which countries such as Saudi Arabia and Russia reduce production following a global deal to cut supplies for the first time since the global financial crisis.<o:p></o:p></span></div>
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<span lang="EN-US" style="font-family: "Arial",sans-serif; font-size: 10.0pt; mso-ansi-language: EN-US;"><a href="read:http://punchng.com/nigerias-oil-output-tops-foreign-investors-concern/" target="_blank">Read more</a></span></div>
Caritas OilBloghttp://www.blogger.com/profile/04969938065563757774noreply@blogger.com0