Category: Energy

Shell Begins One-Year Vocational Training For 40 Imo youths
September 14, 2021 No Responses

Shell Begins One-Year Vocational Training For 40 Imo youths

The Shell Petroleum Development Company of Nigeria Limited (SPDC) has commenced a one-year professional and vocational training for 40 youths from the SPDC Joint Venture host communities of the Assa North and Ohaji South gas project in Imo State.  “The...
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Attah Hands Over NLNG Key To Mshelbila
September 14, 2021 No Responses

Attah Hands Over NLNG Key To Mshelbila

In his farewell remarks, Engr. Attah said, “I thank the staff and our partners who helped achieve our set goals. It was a collective success. I would like to see the five years as foundational. Earlier, the ambition of the...
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Crude Oil Extends Losses
September 7, 2021 No Responses

Crude Oil Extends Losses

 Oil prices extended losses on Monday, falling more than 1%, after the world’s top exporter Saudi Arabia slashed crude prices for Asia over the weekend, signalling demand concerns and that global markets are well supplied.Brent crude&...
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Shell, Firm To Build Largest LNG Bunker Barge
September 5, 2021 No Responses

Shell, Firm To Build Largest LNG Bunker Barge

Florida-based marine solutions, transportation and logistics company, Crowley Maritime Corporation has signed a long-term time charter with Shell NA LNG for the building and operation of a new LNG bunker barge.  Under the arrangement, the 126.7-meter-long...
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NLNG Explains Role In Domestic LPG Market
August 30, 2021 No Responses

NLNG Explains Role In Domestic LPG Market

The Nigeria LNG Limited (NLNG) has described as “grossly inaccurate” a report which claimed that NLNG produces 22 Million Tonnes Per Annum (MTPA) of Liquified Petroluem Gas, otherwise known as cooking gas.     A statement...
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NNPC, Kaduna, Sign MoU 0n Gas Utilisation, Expansion
August 27, 2021 No Responses

NNPC, Kaduna, Sign MoU 0n Gas Utilisation, Expansion

Nigeria’s domestic gas penetration aspirations have received a major boost as the Nigerian National Petroleum Corporation (NNPC) and the Kaduna State Government have signed a Memorandum of Understanding (MoU) for utilisation and expansion...
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NNPC Records N287b Profit After Tax In 2020
August 26, 2021 No Responses

NNPC Records N287b Profit After Tax In 2020

President Muhammadu Buhari, who doubles as Minister of Petroleum Resources, has announced a Profit after Tax of N287 billion by the Nigerian National Petroleum Corporation (NNPC) in 2020.   Buhari in a statement issued on Thursday by his Special Adviser,...
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Shell, Rights Group Disagree On Remediation Of Ikarama Spill Site
August 26, 2021 No Responses

Shell, Rights Group Disagree On Remediation Of Ikarama Spill Site

Shell Petroleum Development Company (SPDC) and an Environmental Rights group, have disagreed on remediation of spilled sites at Ikarama community in Bayelsa State.  While the rights group, Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN...
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Seplat, Orjiako Win Global Awards For Outstanding Indigenous Performance
August 25, 2021 No Responses

Seplat, Orjiako Win Global Awards For Outstanding Indigenous Performance

Seplat Energy Plc and its Board Chairman, Dr. ABC Orjiako have emerged winners at the Energy & Corporate Africa Leadership Award Night/Dinner held last week at the Hilton Post Oak, Houston, Texas, United States for outstanding indigenous performance. &nbsp...
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Oil Rises As Full U.S. Clearance For COVID-19 Vaccine Stokes Demand
August 24, 2021 No Responses

Oil Rises As Full U.S. Clearance For COVID-19 Vaccine Stokes Demand

Oil prices rose on Tuesday after the U.S. drug regulator granted full approval to the Pfizer Inc/BioNTech SE COVID-19 vaccine, stoking investor hopes that higher fuel demand will follow a potential step up in U.S. coronavirus vacc...
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NNPC Reiterates Support For NLNG
August 18, 2021 No Responses

NNPC Reiterates Support For NLNG

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has reiterated the Corporation’s commitment to supporting the Nigeria LiquefiedNatural Gas (NLNG) Limited towards achieving its goal of becoming a global LN...
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Oil Extends Losses As Covid-19 Slows Demand
August 14, 2021 No Responses

Oil Extends Losses As Covid-19 Slows Demand

Oil prices fell for a second day on Friday after the International Energy Agency warned that demand growth for crude and its products had slowed sharply as surging COVID-19 cases worldwide forced governments to revive movement restrictions.Reute...
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Shell To Pay $111m Compensation To Nigerian Community
August 12, 2021 No Responses

Shell To Pay $111m Compensation To Nigerian Community

Royal Dutch Shell has agreed to pay the Nigerian community $111m (£80m) over an oil spill more than 50 years ago. A spokesman said the payment would mark the “full and final settlement” to the Ejama-Ebubu community over a spill...
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Sylva Canvasses Increase Digital Technology Investments In Exploration Of Oil, Gas
August 10, 2021 No Responses

Sylva Canvasses Increase Digital Technology Investments In Exploration Of Oil, Gas

Minister of State Petroleum Resources Chief Timipre Sylva has called for increased investments in digital technology to boost exploration in the oil and gas sector.  Delivering a graduation lecture at the National Defence College (NDC) for Course 29, on M...
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