Category: Energy

NNPC Redeploys Staff, Appoints Garba Muhammad Spokesperson
August 10, 2021 No Responses

NNPC Redeploys Staff, Appoints Garba Muhammad Spokesperson

The Management of the Nigerian National Petroleum Corporation (NNPC) has announced the promotion and redeployment of some staff to fill key vacant positions in the corporation.  In a statement issued on Monday its spokesperson, Dr Kennie Obateru, NNPC explained that...
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Shell, Maritime Firm Seal Partnership
August 7, 2021 No Responses

Shell, Maritime Firm Seal Partnership

Shell Tankers (Singapore) has signed a partnership agreement with ship management company Signal Maritime placing ten Medium Range (MR) product tankers into the company’s MR pool. The company was an early adopter of the Signal Ocean platform in pro...
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NLNG Explains CSR Initiative, Gas Resources Development
August 5, 2021 No Responses

NLNG Explains CSR Initiative, Gas Resources Development

The Nigeria LNG Limited (NLNG) has so far spent about $200m on Corporate Social Responsibility (CSR) programmes as part of measures to help build the nation.    Speaking on Wednesday in Lagos at the 2021 Society of Petroleum Engineers ...
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Crude Oil Prices Slide Over Higher Output, Others
August 3, 2021 No Responses

Crude Oil Prices Slide Over Higher Output, Others

Oil prices fell by more than $1 on Monday on worries over China’s economy after a survey showed growth in factory activity slipped sharply in the world’s second-largest oil consumer, with concerns compounded by a rise in oil output from OPEC&n...
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Shell Appoints Elohor Aiboni First Female MD For SNEPCO
August 2, 2021 No Responses

Shell Appoints Elohor Aiboni First Female MD For SNEPCO

Shell has appointed Mrs Elohor Aiboni  as the Managing Director of its Nigeria deep-water business, Shell Nigeria Exploration and Production Company Limited (SNEPCO).   Media Relations Manager, Shell Petroleum Development Company of Nigeria...
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Manufacturers In Edo, Delta Lament Poor Power Supply, Others
August 1, 2021 No Responses

Manufacturers In Edo, Delta Lament Poor Power Supply, Others

The Manufacturers Association of Nigeria (MAN) has identified poor power supply, high cost of diesel and raw materials as major factors affecting the businesses of its members in Edo and Delta States.  Dr Okwara Udensi,  Chairman of MAN, Edo/Delta ch...
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Ikeja Electric Meters 400,000 Customers
July 30, 2021 No Responses

Ikeja Electric Meters 400,000 Customers

Ikeja Electric (IE) Plc said it had installed prepaid meters for about 400,000 customers out of 1.1 million since 2013.  Mr Ugo Obi-Chukwu, Chief Marketing Officer, IE, made the disclosure during a visit of the Senate Committee on Privatisation and...
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Oriental Energy Appoints Mustafa Indimi New Managing Director
July 25, 2021 No Responses

Oriental Energy Appoints Mustafa Indimi New Managing Director

By Moses Ebosele, ebosele@hotmail.com — Mustafa Indimi has been appointed the new Managing Director of Oriental Energy Resources Limited, a leading indigenous oil exploration and production company in Nigeria.    Mustafa takes over from M...
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Firm Pays N19b For Yola Electricity, To Invest N28b In Two Years
July 20, 2021 No Responses

Firm Pays N19b For Yola Electricity, To Invest N28b In Two Years

Quest Electricity Nigeria Limited has paid N19 billion to acquire Yola Electricity Distribution Company (YEDC), the Bureau of Public Enterprise (BPE) has said.  Mr Alex Okoh, the Director-General of the Bureau of Public Enterprises (BPE), said this in a s...
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Oando Enters Into Settlement With SEC
July 19, 2021 No Responses

Oando Enters Into Settlement With SEC

Oando Plc has entered into a settlement with the Securities and Exchange Commission in the overriding interest of the shareholders of the Company and the capital market.  This was contained in a Circular released by the SEC in Abuja Monday and...
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Oil Producing Nations Seal Deal To Control Prices
July 19, 2021 No Responses

Oil Producing Nations Seal Deal To Control Prices

Oil producing nations have agreed to increase their output, with the aim of reducing prices and easing pressure on the world economy.  Under the arrangement, the Opec cartel and partners such as Russia will boost supply from August after prices...
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Shell Seals New NLNG Charter Agreements
July 15, 2021 No Responses

Shell Seals New NLNG Charter Agreements

Shell Tankers (Singapore) has inked new charter agreements with Knutsen LNG, Pan Ocean and investors advised by J.P. Morgan Asset Management for six Liquified Natural Gas (LNG) ships, bringing its LNG carrier fleet to a total of 24 vessels.  Sla...
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NLNG Appoints Philip Mshelbila New CEO
July 10, 2021 No Responses

NLNG Appoints Philip Mshelbila New CEO

The Board of Directors, Nigeria LNG Limited (NLNG) has approved the appointment of Dr. Philip Mshelbila as successor to Engr. Tony Attah, Managing Director and Chief Executive Officer.   A statement issued by General Manager,External Relations and Su...
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Profile Of NLNG New CEO, Philip Mshelbila
July 10, 2021 No Responses

Profile Of NLNG New CEO, Philip Mshelbila

The Board of Directors, Nigeria LNG Limited (NLNG) on Friday, July 9, 2021 announced the appointment of Dr. Philip Mshelbila as successor to Engr. Tony Attah, Managing Director and Chief Executive Officer.    Dr. Philip Mshelbila will resum...
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