Category: Energy

Train-7 Project Hits 52%, Employs 8,300 Persons
November 7, 2023 No Responses

Train-7 Project Hits 52%, Employs 8,300 Persons

The ongoing construction of the $5bn Train-7 project being undertaken by the Nigeria Liquefied Natural Gas (NLNG) at Finima, Bonny Island, Rivers State has reached 52 percent and currently engages 8,300 Nigerians of diverse skill sets. These facts emerged on...
read more
Seplat Energy Appoints Three Independent Non-Executive Directors
November 2, 2023 No Responses

Seplat Energy Appoints Three Independent Non-Executive Directors

The Board of Directors of Seplat Energy Plc has announced the appointment of Mr. Christopher John Okeke, Mr. Udoma Udo Udoma and Mr. Babs Omotowa as Independent Non-Executive Directors of the Company. A statement sent to City Business News explained that....
read more
Wabote: Two Edo Refineries To Boost Nigeria’s 1.5m bpd Refining Capacity By 2025
October 30, 2023 No Responses

Wabote: Two Edo Refineries To Boost Nigeria’s 1.5m bpd Refining Capacity By 2025

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Simbi Wabote, has said that the two refineries in Edo State, the Edo Refinery and Duport Midstream Refinery, which are currently refining pet...
read more
Hyundai Seals $3.9b Deal With Qatar For 17 LNG Carriers
October 29, 2023 No Responses

Hyundai Seals $3.9b Deal With Qatar For 17 LNG Carriers

South Korean shipbuilding major, HD Hyundai Heavy Industries, has signed the contract for the construction of 17 liquefied natural gas (LNG) carriers with Qatar Energy worth $3.9 billion. The contract signing was held as part of South Korea’s President Yoon....
read more
NCDMB Boss Warns Against Tinkering With Petroleum Industry Act
October 26, 2023 No Responses

NCDMB Boss Warns Against Tinkering With Petroleum Industry Act

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has advised that making unending changes to the structures set up by Petroleum Industry Act 2021 could kill the confidence of investors and stal...
read more
Chevron, Euronav, Others To Adopt Vessel Optimization Strategies
October 25, 2023 No Responses

Chevron, Euronav, Others To Adopt Vessel Optimization Strategies

Industry giants Chevron, Euronav, and Cargill have announced their joint operational efficiency ambition statement as part of the Global Maritime Forum Annual Summit in Athens.  Under the ambition, the trio committed to adopt vessel optimization strategie...
read more
Wabote: Nigerian Oil Industry Is On Steady Growth Trend
October 24, 2023 No Responses

Wabote: Nigerian Oil Industry Is On Steady Growth Trend

The Nigerian oil and gas industry is growing steadily across several fronts despite reduced investments due to the global quest for cleaner energy and divestments of some onshore and shallow assets by a few international oil companies, the Executive Secretary....
read more
NLNG MD: Nigeria’s Decade Of Gas Will Support Global Energy Security
October 23, 2023 No Responses

NLNG MD: Nigeria’s Decade Of Gas Will Support Global Energy Security

The Decade of Gas plan is the most comprehensive plan to restore efforts to fully harness Nigeria’s vast gas resources and ensure a reliable global supply of gas as a clean energy source and a major fuel in the energy...
read more
Shell Probes Leak From Bayelsa Flow Station
October 14, 2023 No Responses

Shell Probes Leak From Bayelsa Flow Station

The Shell Petroleum Development Company of Nigeria has confirmed the October 3 oil spill from its facilities at Peremabiri community in Southern Ijaw Local Government Area of Bayelsa State. Michael Adande, a Spokesperson for SPDC, confirmed the development to ...
read more
Seplat CEO: Affordable, Reliable Energy Key To Creating Jobs
October 12, 2023 No Responses

Seplat CEO: Affordable, Reliable Energy Key To Creating Jobs

Affordable and reliable energy provides the right platform for businesses in Africa to create and retain jobs for its fast-growing population and further make the Continent sustainable.  Access to energy and energy security remains critical for the Contin...
read more
Photo News
October 10, 2023 No Responses

Photo News

L-R: Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri and the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, inspecting civil work construction at the NCDMB Gas Hub at Polak...
read more
NLNG Advocates For Urgent Action To Secure Gains From Gas
October 10, 2023 No Responses

NLNG Advocates For Urgent Action To Secure Gains From Gas

Nigeria must be deliberate in its desire to take opportunities offered by the energy transition, the recognition of gas as a transition fuel and the quest for clean energy to increase its gas investment and harvest the gains from gas,...
read more
Oil Prices Rally On Supply Disruption Fears
October 9, 2023 No Responses

Oil Prices Rally On Supply Disruption Fears

Oil prices jumped by 4% on Monday on concerns that the situation in Israel and Gaza could disrupt output from the Middle East. BBC report that West Texas Intermediate (WTI), the benchmark for US oil, rose to more than $86...
read more
Shell’s LNG Bunker Vessel Debuts
October 8, 2023 No Responses

Shell’s LNG Bunker Vessel Debuts

Shell’s liquefied natural gas (LNG) bunker vessel New Frontier 2 has completed its inaugural bunker operation at the Port of Jamaica. The bunkering operation was carried out in Portland Bight with the assistance of the Maritime Authority of Jamaica and...
read more
1 … 16 17 18 19 20 … 84