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September, 2016

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Top 7 Questions to Expect From Your Interviewer

questionEvery interviewer has a different approach to the hiring process and their questions may differ. Nevertheless there are certain questions that often reoccur at every job interview, the wordings may be different, but the basics will always be the same.

CareerHubAfrica has narrowed down the most commonly asked questions to help you get prepared for that next job interview!

Here is what you should expect: Read More

Should You Accept A Job That Pays Less Than Your Previous Job?

Assuming you’ve been out of job for about 10 months and you just got a job offer which the salary is less than what you earned at your previous job. Would you take the job or not?

It is quite natural for your Read More

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379 Billion Cubic Feet?

Nigeria was ranked the 5th country in the world to have flared the highest volume of gas per day in 2015 down from the 2nd position it held in 2011. According to Energy information administration (EIA), Nigeria flared 379 billion cubic feet (Bcf) or 12 per cent of gross production of its associated gas production in 2015.

OPEC: Production and Falling Oil Prices

The Organization of Petroleum Exporting Countries (OPEC) accounts for about 40 percent of the world’s crude oil. Equally important to global prices, OPEC’s oil exports represent about 60 percent of the total petroleum traded internationally. Because of this market share, OPEC’s actions influences international oil prices. In particular, indications of changes in crude oil production from Saudi Arabia, OPEC’s largest producer, frequently affects oil prices.

data-1 Click to view image

The statistic above illustrates the monthly average crude oil prices of OPEC basket for the period between August 2015 and August 2016. This basket is an average of the prices of petroleum blends that are produced by the OPEC members. Some of these oil blends are, for example: Saharan Blend from Algeria, Basra Light from Iraq, Arab Light from Saudi Arabia, Girassol from Angola, Es Sider from Libya, etc. OPEC tries to keep the price between given maxima and minima by increasing and decreasing its oil production. The OPEC reference basket includes both heavy and light crude oils, and is heavier than most other crude oil mixtures (benchmarks). Read More

PETAN and Its Role in the Implementation of Nigerian Content 2

petanThe Petroleum Technology Association of Nigeria (PETAN) is an association of indigenous technical oilfield service companies in the upstream and downstream sectors of the oil industry in Nigeria. Last week we talked about the core objectives of the association and some activities being carried out by them. This week we would look at the member companies of PETAN and the membership requirements.

PETAN Member Companies

PETAN has 80 member companies that provide specialised services to the Nigerian oil and gas industry. Read More

Crude Oil Slumps One Day after OPEC Deal to Cut Output

oil decreaseDespite the decision of the Organisation of Petroleum Exporting Countries (OPEC) to cut crude oil production by 200,000-700,000 barrels per day to achieve price recovery, oil prices fell yesterday 29 September after the gains recorded on Wednesday.

This was just as Royal Dutch Shell on in Rio de Janeiro, Brazil, launched its “#makethefuture” programme, where it unveiled six new technologies from different Read More

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Firms to Build Mini Refineries in Nigeria

refineryEvolve Trading & Investment Limited with offices in the United Kingdom and Nigeria has signed a Memorandum of Understanding with Awaritse Nigeria Limited, a local oil servicing company, to build mini refineries with the capacity to process crude oil, produce water and generate electricity.

The partnership, according to a statement, was signed after meetings in London between Awaritse Nigeria team and Evolve Trading and Investments, represented by the Senior Read More

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EAC Exhibits Diesel, Kerosene Produced From Plastics

plasticsThe Education Advancement Centre (EAC) in Ibadan, Oyo state, has released a set of chemical products derived from waste plastics and cans. A ground breaking process, considering the products include diesel, kerosene and alum which were made from waste plastic and cans instead of crude oil.

The firm launched the products at an exhibition at its Bodija headquarters, which was one of the activities marking its 20th anniversary. The products, which come at a cheaper cost, according to the director, Mr Muyiwa Bamgbose, would also reduce environmental destruction through the use of the non-degradable materials as Read More

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