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“I am sure each and every one of us can recall the dire situation the industry was in, which was most dramatically illustrated on 20 April 2020 when the price of WTI went negative. It was a visceral day, and one often described as ‘Black Monday.’” Mohammed Barkindo said, speaking at the S&P Global Platts Americas Petroleum and Energy Conference.

OPEC scribe: Coronavirus pandemic increased global debt by $24 trillion

The Organisation of Petroleum Exporting Countries (OPEC) has said the impact of the COVID-19 pandemic increased global debt by $24 trillion, taking it to $281 trillion during the crisis.
Nigerian National Petroleum Corporation (NNPC)

NEITI seals pact with NNPC, DPR on contract transparency

In a move towards deepening transparency, the Nigeria Extractive Industries Transparency Initiative (NEITI) has secured the trust of the Department of Petroleum Resources (DPR) and the Nigerian National Petroleum Corporation (NNPC) to ensure that the terms of all contracts signed in the petroleum sector are open and totally accessible to Nigerians as required by the global Extractive Industries Transparency Initiative (EITI).
Nigerian National Petroleum Corporation (NNPC)

NNPC, Shell, others seal deal to unlock $10 billion investments

The Nigerian National Petroleum Corporation (NNPC) and its Production Sharing Contract (PSC) partners yesterday executed joint agreements to renew Oil Mining Lease (OML) 118 for another 20 years.
Nigerian National Petroleum Corporation (NNPC)

NNPC renews OML 118 with Shell, Total, Exxon, Eni

The Nigerian National Petroleum Corp renewed Oil Mining Lease 118 with the local subsidiaries of Shell, Total, Exxon and Eni for another 20 years, the West African country’s state oil firm said in a statement on Tuesday

Shell says allegations of involvement in ‘oil theft’ misleading

The Shell Petroleum Development Company of Nigeria (SPDC) says allegations of involvement in oil theft at its Bonny Crude Export Terminal is misleading.
A fisherman displays his oil soaked fishing net on the polluted shoreline in Bodo. GEORGE OSODI-BLOOMBERG NEWS

Fishermen hail Dutch court ruling, ask Shell to pay $3.6 billion Bonga oil spill...

Following Friday’s ruling by a Dutch court that found Shell liable of polluting the farmlands of four farmers in the Niger Delta region, Artisanal Fishermen Association of Nigeria (ARFAN) has advised the oil firm to promptly comply with the judgement and compensate the farmers.
Lekoil Nigeria Limited, the oil and gas exploration and production company and affiliate of Lekoil Limited Cayman, has announced the appointment of Mrs. Aisha Muhammed-Oyebode as Chairman of the Board.

Lekoil appoints Aisha Muhammed-Oyebode as board chairman

Lekoil Nigeria Limited, the oil and gas exploration and production company and affiliate of Lekoil Limited Cayman, has announced the appointment of Mrs. Aisha Muhammed-Oyebode as Chairman of the Board.
Netflix has signed a multiyear deal with Kevin Hart and his production company HartBeat Productions for four exclusive films starring Hart and first dibs on films the comedy star develops with his company.

Kevin Hart signs deal with Netflix for four exclusive movies

Netflix has signed a multiyear deal with Kevin Hart and his production company HartBeat Productions for four exclusive films starring Hart and first dibs on films the comedy star develops with his company.
Nigerian business mogul, Ben Murray-Bruce, has taken to his verified Twitter page to mourn Nigerian filmmaker, Chico Ejiro. The former lawmaker used his Twitter page to send his condolences to Nollywood and the family of the deceased.

Zeb Ejiro: Chico’s death a rude shock

Veteran producer Zeb Ejiro has described the sudden demise of his younger brother, Chico Ejiro, as ‘a rude shock’ adding that ‘I am ‘short of words.’
Sir Arthur Conan Doyle’s estate and the creators of Netflix movie Enola Holmes have agreed to dismiss a copyright lawsuit over Sherlock Holmes’ emotions.

Sherlock Holmes: Netflix, Arthur Conan Doyle’s estate agree to dismiss lawsuit

Sir Arthur Conan Doyle’s estate and the creators of Netflix movie Enola Holmes have agreed to dismiss a copyright lawsuit over Sherlock Holmes’ emotions. Copyright Lately reported on the outcome today, noting that the court didn’t rule on the merits of the case, possibly indicating that the parties settled.
The League Management Company (LMC) has confirmed December 27 as the commencement date for the Nigeria Professional Football League (NPFL) 2020-2021 season.

LMC confirms kick-off date for 2020-21 NPFL season

The League Management Company (LMC) has confirmed December 27 as the commencement date for the Nigeria Professional Football League (NPFL) 2020-2021 season.
Pioneer Chairman of the League Management Company (LMC), Hon. Nduka Irabor, has opened up on several challenges facing the Nigeria Nigeria Professional Football League (NPFL).

LMC confirms December 27 as start date for 2020/21 season

The League Management Company (LMC) has confirmed December 27 as the commencement date for the Nigeria Professional Football League (NPFL) 2020/2021 season.
Pioneer Chairman of the League Management Company (LMC), Hon. Nduka Irabor, has opened up on several challenges facing the Nigeria Nigeria Professional Football League (NPFL).

LMC confirms December 27 as start date for new NPFL season

The League Management Company (LMC) has confirmed December 27 as the commencement date for the Nigeria Professional Football League (NPFL) 2020/2021 season.
niger delta jtf oil bunkering

Sea pirates attack Nigerian soldiers, kill sergeant

Newsmen learnt from military sources that Terry Peter, a sergeant, was killed in the December 2 attack near Bille, Rivers. The soldiers were providing security for Eroton, an oil exploration and production company in Alakiri.
The donated state of the art Information and Communications Technology (ICT) Centre at Enugu State University of Science which comprises five computer laboratories, four smart boards, 62 computing systems, one Wi-Fi lounge, a 100 kva generator, and a new water supply system.

Shell, NNPC donate ICT centre to Enugu university

Nigeria’s leading deep-water energy company, The Shell Nigeria Exploration and Production Company (SNEPCo) has donated a state-of-the-art Information and Communications Technology (ICT) Centre to the Enugu State University of Science and Technology as part of the NNPC/SNEPCo ICT support programme launched in 2007 under the sponsorship of the Nigeria National Petroleum Corporation (NNPC).
Black Panther star, Michael B. Jordan, has been named People’s magazine’s sexiest man alive. He is the third black actor in a row to be given the annual pop-culture honour.

Michael B. Jordan named People magazine’s sexiest man alive

Black Panther star, Michael B. Jordan, has been named People’s magazine’s sexiest man alive. He is the third black actor in a row to be given the annual pop-culture honour.
Legendary humour merchant, Eddie Murphy, is in an ecstatic mood as he just bagged his first Emmy Award in his career. This year’s nomination was Eddie Murphy’s first in 21 years.

Eddie Murphy wins first Emmy award for guest actor in a comedy series

Legendary humour merchant, Eddie Murphy, is in an ecstatic mood as he just bagged his first Emmy Award in his career. This year’s nomination was Eddie Murphy’s first in 21 years. People.com reports that on...

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BBNaija reunion on Thursday night witnessed a brawl as two female housemates, Kaisha and Lucy, engaged in a physical fight.

BBNaija: Kaisha and Lucy get physical at reunion

BBNaija reunion on Thursday night witnessed a brawl as two female housemates, Kaisha and Lucy, engaged in a physical fight.
Staff members of Apple Daily and its publisher Next Digital pose with the final edition of Apple Daily at its headquarters in Hong Kong, China June 24, 2021. REUTERS-Tyrone Siu

China dismisses concern for Hong Kong freedom after tabloid closure

China's foreign ministry on Friday rejected comments by U.S. President Joe Biden that the closure of Hong Kong's Apple Daily newspaper signaled intensifying repression by Beijing in the semi-autonomous city.
A 24-year-old woman, Abibat Kehinde, has been abandoned at Epe General Hospital, Lagos State, over N131,000 unpaid bills, three months after she gave birth to twins at the hospital.

Commercial motorcyclist abandons wife at Lagos hospital after giving birth to twins

A 24-year-old woman, Abibat Kehinde, has been abandoned at Epe General Hospital, Lagos State, over N131,000 unpaid bills, three months after she gave birth to twins at the hospital.
All Progressives Congress (APC) Nigeria

Lagos council poll: Residents protest ‘imposition’ of chairmanship candidate

Some residents of Somolu Local Government Area of Lagos State on Thursday, marched peacefully to the Lagos State House of Assembly in protest against alleged imposition of a chairmanship candidate.
Stella Moris, the partner of Wikileaks founder Julian Assange, stands for a portrait during an interview with Reuters in London, Britain, June 24, 2021. Picture taken June 24, 2021. REUTERS-Dylan Martinez

Julian Assange’s fiancée urges Joe Biden to free WikiLeaks founder to show U.S. has...

President Joe Biden must let Julian Assange go free if he wants the United States to become a beacon for a free press once again and put the legacy of Donald Trump behind it, the fiancée of the WikiLeaks founder told Reuters.

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Liverpool forward Sadio Mane was more deserving of the Best FIFA Men's Player award in 2019 than Barcelona star Lionel Messi, according to France great Alain Giresse.

Sadio Mane donates £500K to build hospital in his hometown

Senegal and Liverpool superstar Sadio Mane donated 500,000 pounds (around 694,000 US $) to help in building a hospital in the town of Bambali, his hometown in Senegal.
An international humanitarian agency, Catholic Relief Services (CRS), has empowered 7000 women with free poultry production business in Adamawa and Borno States.

Catholic agency empowers 7000 Adamawa, Borno women with free poultry business

An international humanitarian agency, Catholic Relief Services (CRS), has empowered 7000 women with free poultry production business in Adamawa and Borno States.
FILE PHOTO - Rwanda's President Paul Kagame attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 23, 2019. REUTERS-Arnd Wiegmann

Paul Kagame: Talks underway with investors to make coronavirus vaccines in Africa

Senegal, Rwanda and South Africa are in talks with investors to start the production of coronavirus vaccines in Africa, Rwandan President Paul Kagame said on Monday.
Bandits invaded the Federal Government Girls College, Birnin Yauri, Kebbi State on Thursday afternoon, kidnapped many students and killed some policemen.

Kebbi: Rescue operation still on for kidnapped students

Rescue operation is still on for the kidnapped students and teachers of the Federal Government College, Birnin Yauri, Kebbi State.
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Police: Ekiti auto accident claims seven lives, many injured

The Police Command in Ekiti confirmed that seven people lost their lives, while many other passengers sustained injuries in an auto accident along Ilumoba-Aisegba road in Ekiti on Tuesday.