Category: Energy

NNPC E&P Ltd, NOSL Hit First Oil In OML 13 In Akwa Ibom
May 13, 2024 No Responses

NNPC E&P Ltd, NOSL Hit First Oil In OML 13 In Akwa Ibom

The Nigerian National Petroleum Company Exploration and Production Limited (NNPC E&P Ltd.), NNPC Ltd.’s flagship upstream subsidiary, and Natural Oilfield Services Ltd. (NOSL), a subsidiary of Sterling Oil Exploration & Energy Production Company Ltd. (SEEPCO), have announced the successful commencement...
read more
Oil Firms: CBN Relaxes Restriction On Repatriation Of Forex
May 8, 2024 No Responses

Oil Firms: CBN Relaxes Restriction On Repatriation Of Forex

The Central Bank of Nigeria (CBN) has relaxed its initial restriction on the repatriation of forex proceeds by international oil firms operating in the country. In a circular dated May 6, 2024 signed by the Director, Trade and Exchange Department,...
read more
NNPCL Cautions Against Panic Buying
May 8, 2024 No Responses

NNPCL Cautions Against Panic Buying

The Nigerian National Petroleum Company (NNPC) Limited has cautioned against panic buying, saying it has over 1.5 billion litres of  Premium Motor Spirit (PMS), also known as petrol.   A statement issued by the company’s Chief Corporate C...
read more
Petrol Marketers Threaten Strike Over ₦200b Debt
May 1, 2024 No Responses

Petrol Marketers Threaten Strike Over ₦200b Debt

Members of the Independent Petroleum Marketers Association of Nigeria (IPMAN) have threatened to cripple the supply of Premium Motor Spirit (PMS), also known as petrol, over non-payment of ₦200bn bridging claims. The threat comes following cur...
read more
NCDMB Receives N450m Interim Dividend From Waltersmith Modular Refinery 
April 30, 2024 No Responses

NCDMB Receives N450m Interim Dividend From Waltersmith Modular Refinery 

The Nigerian Content Development and Monitoring Board (NCDMB) announced on Monday that it had received an interim dividend payment of N450 million out the N1.5billion declared by the Waltersmith Refinery and Petrochemical Company Limited. This payment rep...
read more
NGF Seeks Safer Transportation Of Petroleum Products
April 29, 2024 No Responses

NGF Seeks Safer Transportation Of Petroleum Products

Discussions are advancing among the 36 state governors and strategic federal agencies in the oil and gas industry over the adoption of safer methods of transportation of petroleum products across the country, the Nigerian Governors Forum (NGF) disclosed on Sun...
read more
TotalEnergies Unfolds LNG Project In Omar
April 24, 2024 No Responses

TotalEnergies Unfolds LNG Project In Omar

France’s energy giant,  TotalEnergies has made a final investment decision (FID) for a liquefied natural gas (LNG) project in Oman, designed to run on solar power and serve as the first LNG bunkering hub in the Middle East.   This ga...
read more
TotalEnergies Acquires Stake In Gas Firm With $530m
April 23, 2024 No Responses

TotalEnergies Acquires Stake In Gas Firm With $530m

TotalEnergies has signed an agreement with Sapura Upstream Assets Sdn Bhd (SUA) to acquire its 50% interest in Malaysian independent gas producer and operator SapuraOMV Upstream Sdn (SapuraOMV) for a consideration of $530 million, subject to closing adjustment...
read more
NNPCL, NCDMB, SNEPCo, Total Energies, Others Donate 2,300-Seater Library To Niger Delta University 
April 19, 2024 No Responses

NNPCL, NCDMB, SNEPCo, Total Energies, Others Donate 2,300-Seater Library To Niger Delta University 

As part of its commitment to encourage learning and academic excellence, the Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partners in OML 18 – the Nigerian Content Development & Monitoring Board (NCDMB), Shell Nigeria Expl...
read more
Again, Dangote Crashes Diesel Price
April 17, 2024 No Responses

Again, Dangote Crashes Diesel Price

Dangote Petroleum Refinery, on Tuesday, announced a further reduction of the price of diesel from N1,200 to N1,000 per litre. While rolling out the products, recently, the refinery supplied at a reduced price of N1,200 per litre, representing over 30 per cen...
read more
NDDC Completes Electricity Sub-Station In Edo State
April 16, 2024 No Responses

NDDC Completes Electricity Sub-Station In Edo State

The electricity injection substation built by the Niger Delta Development Commission, NDDC, in Amufi-Ikpoba Okha Local Government Area in Benin City, Edo State, has been completed and is set for inauguration and hand over to the Benin Electric Distribution Com...
read more
Shell Sues FIrm As NLNG Risks Sanctions From UK Court
April 15, 2024 No Responses

Shell Sues FIrm As NLNG Risks Sanctions From UK Court

FOLLOWING restriction of Liquefied Natural Gas (LNG) supply to its customers, Shell Plc has made claims against Venture Global LNG(VGL), a United States-based LNG exporter, for its breach of contract to supply LNG cargoes.Also, Nigeria LNG may risk sanctions f...
read more
NIPCO Completes Four CNG Stations In Lagos
April 15, 2024 No Responses

NIPCO Completes Four CNG Stations In Lagos

NIPCO Plc has completed four Compressed Natural Gas (CNG) stations in Lagos. The Managing Director of NIPCO Gas Ltd., Mr Nagendra Verma, who disclosed this on Sunday explained that the stations are set for inauguration in May. Verma, who highlighted...
read more
NNPC Chief Harps On Role Of Gas In Driving Economic Growth, Industrial Development
April 11, 2024 No Responses

NNPC Chief Harps On Role Of Gas In Driving Economic Growth, Industrial Development

The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mr. Mele Kyari, has reiterated the crucial role of natural gas in Fuelling economic growth and industrial development in Nigeria. Kyari, who was speaking a...
read more
1 … 28 29 30 31 32 … 102