NLNG Explains Cooking Gas Shortage

NLNG Explains Cooking Gas Shortage

The Nigeria LNG Limited (NLNG) on Tuesday said marketers were unable to offtake the full 450,000MTPA of Liquefied Petroleum Gas (LPG) allocated to the Nigerian market by the company due to various factors.  The News Agency of Nigeria (NAN) reports...
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Total Energies, NNPC To Strengthen Partnership

Total Energies, NNPC To Strengthen Partnership

The Nigerian National Petroleum Corporation (NNPC) is to strengthen its partnership with TotalEnergies as part of measures to effectively deliver services to stakeholders.   The Group Managing Director, NNPC, Malam Mele Kyari, disclosed this when the new...
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Shell Restates Commitment To Research, Development In Nigeria

Shell Restates Commitment To Research, Development In Nigeria

Energy giant, Shell, has said its research and development strategy is aligned with Nigeria’s 10-year strategic roadmap for local content being implemented by the Nigerian Content Development and Monitoring Board (NCDMB).  Managing Director of the deep-...
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DPR Seals 11 Gas Plants

DPR Seals 11 Gas Plants

The Department of Petroleum Resources (DPR), in Abuja, on Thursday sealed 11 illegal gas plants and two filling stations over sharp practices.  The News Agency of Nigeria (NAN) reports that the Liquified Petroleum Gas (LPG) — also known as cooking...
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Crude Oil Prices Extend Gains

Crude Oil Prices Extend Gains

Oil prices climbed on Thursday morning, extending the previous day’s solid gains after a larger-than-expected drawdown in crude oil stocks in the United States, the world’s largest oil consumer. Brent crude oil rose 18 cents, or 0.2%, to $75.64 a.....
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ExxonMobil Contributes N67.5b To NDDC

ExxonMobil Contributes N67.5b To NDDC

Between 2001 and June 202O, the Multinational oil company, ExxonMobil, based in Mkpanak, Ibeno Local Government Area of Akwa Ibom State, contributed N67.5 billion to the Niger Delta Development Commission (NDDC).   Speaking at an interactive session with Jou...
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Shell Begins One-Year Vocational Training For 40 Imo youths

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

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

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

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

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

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

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

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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