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Posts made in March, 2014

Press release given by Mr. Nizar Al-Adsani, CEO of KPC, on the 2nd Gulf …

By on Mar 31, 2014 in Press Release |

Home News Article Mar 30 2014 more articles from In This Article Kuwait Petroleum Corporation Deputy Chairman and Chief Executive Officer of Kuwait Petroleum Corporation Mr. Nizar Al-Adsani confirmed that KPC , as part of its responsibility, is keen on supporting the national economy, enhancing effectively the development plan and initiating sturdily progressive steps to achieve KPC 2030 strategic directions. In a press statement on KPC participation in the 2nd Gulf Petroleum Forum which is organized by IG Events, Al-Adsani said, ” KPC pays special concern to the scientific research; therefore, it is keen on patronizing its activities; thereof, it tends to establish an international research center specialized in oil industry to develop it and underpin its status territorially and internationally.” He clarified that petrochemical industry is one of KPC priorities inside and outside Kuwait; accordingly, it seeks diligently to achieve integration between petrochemical industry and refining industry to create an added value and optimize such goal which is one of the key pivots of KPC strategy. Consequently, the corporation seeks to bolster collaboration with international partners in this field to develop incessantly such important industry, enhance the status the Kuwaiti oil industry internationally and penetrate new international promising markets. With reference to the Kuwaiti personnel in KPC and its subsidiaries, Al-Adsani said the human resource is considered one of the key elements of KPC strategic plans, adding the percentage of the Kuwaiti personnel recruited in KPC and its subsidiaries has ostensibly increased through providing youth with job vacancies and rehabilitating them to join and perform the various phases of oil industry in Kuwait. He went on to say that human resource is the key pivot for fulfilling successful investment. It is the safety valve which helps achieve the forward-looking desires and plans, as it enables KPC to enter new promising markets particularly in Asia; in addition to underpinning its strategic partnerships with international distinguished institutions of scientific research and training. Al-Adsani emphasized that KPC is keen on implementing huge oil projects inside and outside Kuwait among which the fourth refinery project, the clean environment fuel project, and the refinery and petrochemical complex in Vietnam; the matter will enhance the status of Kuwait internationally, as such projects will help...

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EFCC Press Release: EFCC Arraigns Fraudster For 275000 Euro Love Scam

By on Mar 29, 2014 in Press Release |

The Economic and Financial Crimes Commission, EFCC, on Friday, March 28, 2014 arraigned Amodemaja Adeboye Quadri before Justice A. A. Aderemi of Oyo State High Court, Ibadan on a 4-count charge bordering on personation, marriage scam, and obtaining money by false pretences. One of the charges read: “Adeboye Quadri Amodemaja (alias James John Smith) in 2012 within the jurisdiction of the Honourable Court with intent to defraud, obtained the sum of 70,878.00 Euros (Seventy Thousand, Eight Hundred and Seventy Eight Euros) from Laura Reffosco by falsely representing to her that you are in love with her and the money represented the sum for acquiring landed properties and establishing a business together in Nigeria which pretence you knew to be false.” He pleaded not guilty to the charges. EFCC counsel, Zainab Etu asked for a trial date but did not oppose the bail application of the...

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