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Nigeria to Turn to Direct Cash Calls

In an effort to boost its finances Nigeria said it will seek international oil and gas investments via direct cash calls in 2016. The direct cash calls will be channeled through the country’s state-run oil and gas firm NNPC...

Totalgaz Buys KayaGas Assets

Totalgaz Southern Africa signed an agreement to purchase the storage, filling and distribution assets of KayaGas. The transaction is subject to the approval of the South African Competition Commission. KayaGas, under a new name, will continue as an importer of...

Unclear Policy Environment Behind Job Losses

Unstable policies and programmes in the Nigerian petroleum industry are mainly responsible for uncertainties that aggravate mass job cuts in the sector. Industry labour chieftain, Mr. Hyginus Onuegbu, who spoke in Port Harcourt stated that the massive job cuts in...

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Chevron trains 14 young Nigerians on industry skills

Chevron Nigeria Limited (CNL), the operator of the NNPC/CNL Joint Venture recently completed a 12-month on-the-job-training of seven Nigerian graduates at CNL’s office and...

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