Category: Energy

NLC Condemns Sack Of 175 Chevron Workers
August 24, 2020 No Responses

NLC Condemns Sack Of 175 Chevron Workers

The Nigeria Labour Congress (NLC) has expressed “great concerns” over the sack of 175 staff of Chevron Nigeria Limited.    In a statement issued on Monday, President of NLC, Ayuba Wabba said: “It is even more heart rending that these...
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Nigeria Earns $378.42m From Crude Oil, Gas Export
August 24, 2020 No Responses

Nigeria Earns $378.42m From Crude Oil, Gas Export

The Nigerian National Petroleum Corporation (NNPC) has announced a total crude oil and gas export earnings of $378.42 million in June, as against $133.16 million it posted in May 2020.  The corporation disclosed this in its June Monthly Financial and...
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Sterling Bank Develops Energy Solution For Homes, Businesses
August 24, 2020 No Responses

Sterling Bank Develops Energy Solution For Homes, Businesses

Sterling Alternative Finance (SAF), the non-interest banking division of Sterling Bank Plc, has developed a clean and affordable energy solution for homes and businesses across the country.  Head of Digital Business, SAF, Mohammed Yinusa in a statement on Sun...
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Saudi Arabia Suspends $10b Oil Refinery Project
August 22, 2020 No Responses

Saudi Arabia Suspends $10b Oil Refinery Project

Aramco, Saudi Arabia’s state oil company has suspended a deal to build a $10 billion refining and petrochemicals complex in China as the company slashes spending to cope with low oil prices.Aramco  decided to stop investing in the facility in China’s No...
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Senate Queries DPR Over N44.5b Remittance, N2.4trillion Revenue
August 21, 2020 No Responses

Senate Queries DPR Over N44.5b Remittance, N2.4trillion Revenue

Representatives of Department of Petroleum Resources (DPR) were queried by the Senate on Friday for remitting only N44. 5 billion into the Consolidated Revenue Fund in 2019 out of N2.4 trillion generated.   This is as heads of many of...
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NPDC Targets 600mmscf/d Of Gas Supply To Domestic Market
August 21, 2020 No Responses

NPDC Targets 600mmscf/d Of Gas Supply To Domestic Market

The Nigerian Petroleum Development Company (NPDC), an Exploration and Production subsidiary of the Nigerian National Petroleum Corporation (NNPC), is looking at boosting its gas supply to the domestic market by 600million standard cubic feet per day (mmscf/d) ...
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Total Resumes Oil Drilling In Angola
August 19, 2020 No Responses

Total Resumes Oil Drilling In Angola

France’s Total has restarted oil drilling in Angola and new exploration ships will also soon resume work, the company’s country chair Olivier Jouny told trade publication Africa Oil & Power on Monday.All drilling activity ground to a halt i...
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NLNG Inaugurates New Board
August 17, 2020 No Responses

NLNG Inaugurates New Board

The newly appointed Chairman of the Board of Directors of Nigeria LNG Limited has formally assumed duty following a ceremony at the Corporate Head Office of the Company in Port Harcourt, Rivers State.    A statement issued by General Manager, Ex...
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DPR Pledges To Create Business Opportunities In Oil, Gas Industry
August 16, 2020 No Responses

DPR Pledges To Create Business Opportunities In Oil, Gas Industry

The Department of Petroleum Resources (DPR) has promised to use its regulatory framework to continue to create opportunities and enable businesses in the oil and gas industry.   A statement by Mr Paul Osu, the Head, Public Affairs in DPR,...
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Diri Urges Agip To Relocate To Bayelsa
August 13, 2020 No Responses

Diri Urges Agip To Relocate To Bayelsa

Bayelsa State Governor, Douye Diri has urged the Nigerian Agip Oil Company (NAOC) to relocate its operational headquarters to Bayelsa where it operated most oilfields and Brass oil export terminal. Diri, made the call at the virtual inauguration of the...
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Nigeria Inaugurates Gas Network Code
August 10, 2020 No Responses

Nigeria Inaugurates Gas Network Code

The Federal Government has inaugurated the Nigeria Gas Transportation Network Code to  deepen the growth of gas market in the country. The Minister of State for Petroleum Resources, Chief Timipre Slyva, disclosed this at the Virtual launch of The Go-Live...
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ExxonMobil Nigeria Appoints Richard Laing CEO
August 9, 2020 No Responses

ExxonMobil Nigeria Appoints Richard Laing CEO

ExxonMobil on Saturday announced the appointment of Richard Laing as Chairman and Managing Director of its three affiliates in Nigeria with effect from August 1, 2020.  Manager, Media and Communications, ExxonMobil, Mr Ogechukwu Udeagha, confirmed the dev...
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Shell Seals Charter Deals For Six LNG Carriers
August 5, 2020 No Responses

Shell Seals Charter Deals For Six LNG Carriers

Shell has expanded its fleet with charter deals for six newbuild liquefied natural gas (LNG) carriers.  Shell signed separate agreements for two tankers each with Knutsen LNG, Korea Line Corporation, and ICBC Financial Leasing and institutional investors advi...
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Minister Lauds Seplat, Explains Cost Containment In Oil, Gas Industry
July 31, 2020 No Responses

Minister Lauds Seplat, Explains Cost Containment In Oil, Gas Industry

The Federal Government has embarked on industry-wide cost containment measures to strengthen the oil and gas sector in order to cushion the effect of COVID-19 pandemic on the economy. Mr Timipre Sylva, the Minister of State for Petroleum Resources, said...
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