Category: Energy

NLNG Channels 100% LPG Production To Nigerian Market
January 14, 2022 No Responses

NLNG Channels 100% LPG Production To Nigerian Market

The Board of Directors of Nigeria LNG (NLNG) has approved the supply of 100 per cent of the company’s LPG production (propane and butane) to the Nigerian market.  A statement issued on Thursday by Mr Andy Odeh, General Manager, External...
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NLNG Debunks Train 7 Project Vacancies
January 13, 2022 No Responses

NLNG Debunks Train 7 Project Vacancies

The Nigerian Liquefied Natural Gas  (NLNG) has debunked an online advertisement announcing vacancies for its Train 7 Project positions.  A statement issued on Wednesday by General Manager, External Relations and Sustainable Development; Andy Ode...
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SEC Reiterates Listing Of NNPC, Dangote Refineries, Others
January 10, 2022 No Responses

SEC Reiterates Listing Of NNPC, Dangote Refineries, Others

By Moses Ebosele, ebosele@hotmail.com  — The Securities and Exchange Commission (SEC ) is to carry out advocacy efforts to relevant Government Agencies such as the Nigerian National Petroleum Corporation (NNPC) and Federal Ministry of Petroleum Resourc...
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Oil Prices Edge Up Over Supply Worries
January 10, 2022 No Responses

Oil Prices Edge Up Over Supply Worries

Oil prices edged up on Monday as supply disruptions in Kazakhstan and Libya offset worries stemming from the rapid global rise in Omicron infections. Brent crude gained 16 cents, or 0.2%, at $81.91 a barrel at 0406 GMT, while U.S....
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OPEC Oil Output Undershoots Target
January 7, 2022 No Responses

OPEC Oil Output Undershoots Target

Increase in the Organization of Petroleum Exporting Countries (OPEC) oil output in December has again undershot the rise planned under a deal with allies, a Reuters survey found on Thursday, highlighting capacity constraints that are limiting supply as gl...
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FG To Revive 215MW Kudenda Power Project
January 5, 2022 No Responses

FG To Revive 215MW Kudenda Power Project

The Federal Government will revive a 215 Megawatts Power Project in Kaduna State, Minister of Power, Abubakar Aliyu has said.  Aliyu stated this shortly after inspecting the project on Tuesday at Kudenda in Kaduna South Local Government Area of the...
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Barkindo Hails New OPEC Sec. Gen
January 4, 2022 No Responses

Barkindo Hails New OPEC Sec. Gen

Secretary General, Organisation of the Petroleum Exporting Countries (OPEC), Mr Mohammad Barkindo,  says the organisation will be in  capable hands with his successor, Mr Haitham Al Ghais.  Barkindo made this known in a congratulatory messa...
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NNPC Explains Fire Outbreak At Port Harcourt Refinery
January 3, 2022 No Responses

NNPC Explains Fire Outbreak At Port Harcourt Refinery

The Nigerian National Petroleum Corporation (NNPC), on Sunday, described January 1, 2022 fire outbreak at the Port Harcourt Refining Company (PHRC) as minor.  According to NNPC, the fire, caused by a spark while a 33,000-litre truck was discharging naphth...
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Oil Heads For Biggest Yearly Gains In 12 Years
December 31, 2021 No Responses

Oil Heads For Biggest Yearly Gains In 12 Years

Prices of oil fell one per cent on Friday but were set to post their biggest annual gains in 12 years, spurred by the global economic recovery from the COVID-19 slump and producer restraint, even as infections surged to record...
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Court Blocks Shell’s Oil Exploration
December 29, 2021 No Responses

Court Blocks Shell’s Oil Exploration

A South African court has halted oil giant Shell’s seismic testing for oil and gas along the country’s eastern coastline, pending a final ruling.  The decision has been hailed by environmentalists who fear that the sound blasting will harm mar...
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FEC Approves $1.9b To Boost Power Supply To 7,000 Megawatts
December 16, 2021 No Responses

FEC Approves $1.9b To Boost Power Supply To 7,000 Megawatts

The Federal Executive Council (FEC) has approved $1.9 billion for the procurement of equipment for the nation’s power sector as part of measures to boost power supply across the country, through the Presidential Power Initiative. Briefing Jour...
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NLNG Awards Eleven Overseas Postgraduate Scholarships
December 15, 2021 No Responses

NLNG Awards Eleven Overseas Postgraduate Scholarships

Nigeria LNG Limited (NLNG) on Tuesday in Port Harcourt, River State awarded postgraduate scholarships to eleven (11) Nigerians to pursue Masters’ degrees in leading universities in the United Kingdom (UK).  NLNG offers post-primary, undergraduate, and p...
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NNPC Records ₦141.96b Trading Surplus
December 13, 2021 No Responses

NNPC Records ₦141.96b Trading Surplus

The Nigerian National Petroleum Company (NNPC) Limited has announced a trading surplus of ₦141.96 billion recorded in June 2021, compared to a deficit of ₦37.46 billion in May 2021.  A statement issued on Sunday by Garba Muhammad, Group General Manage...
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Sylva At Global Energy Forum, Insists PIA Will Enhance Energy Growth In Nigeria
December 10, 2021 No Responses

Sylva At Global Energy Forum, Insists PIA Will Enhance Energy Growth In Nigeria

Minister of State, Petroleum, Chief Timipre Sylva has declared that the Petroleum Industry Act (PIA} will enhance energy growth and sustainability in Nigeria.  Speaking as a participant at a ministerial roundtable, at the World Petroleum Congress (WPC), i...
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