Ikeja Electric Rolls Out 106, 000 Prepaid Meters

Ikeja Electric Rolls Out 106, 000 Prepaid Meters

Ikeja Electric Plc (IE) has commenced  distribution of prepaid meters to 106, 000 customers under the National Mass Metering Programme (NMMP) approved by the Federal Government. Acting Chief Executive Officer of IE, Mrs Folake Soetan, who disclosed the development at the flagging...
read more
NCDMB, NLNG, PETAN, Others Oppose Hike In Content Fund

NCDMB, NLNG, PETAN, Others Oppose Hike In Content Fund

The Nigerian Content Development and Monitoring Board (NCDMB) and key organisations in the oil and gas industry  have opposed  proposed two per cent increase in the Nigerian Content Development Fund (NCDF).  NCDMB in a s...
read more
South Africa’s DNG Energy Gets LNG Bunkering Permit

South Africa’s DNG Energy Gets LNG Bunkering Permit

South Africa’s DNG Energy has received final authorization to starts liquefied natural gas (LNG) bunkering in the Port of Coega, in the Eastern Cape.  The authorization was granted by the Transnet National Port Authority (TNPA), the company informed in ...
read more
CMA CGM’s LNG-Powered Giant Sets World Record

CMA CGM’s LNG-Powered Giant Sets World Record

The 23,000 TEU CMA CGM Jacques Saade, the world’s largest LNG-powered containership, has set a world record for the number of full containers loaded on a single vessel.   On its departure from Singapore on 12 October, the new flagship of...
read more
Ikeja Electric Seals N11.4b Metering Contract

Ikeja Electric Seals N11.4b Metering Contract

As part of measures to accelerate metering of customers, Ikeja Electricity Distribution Company has signed N11.4billion contract.  Speaking with Journalists on Tuesday, Chairman of the company, Mr Kola Adesina, said:: “We have signed service contracts w...
read more
Shell-Chartered LNG London Attains First Ship-To-Ship Milestone

Shell-Chartered LNG London Attains First Ship-To-Ship Milestone

LNG London has successfully completed its first ship-to-ship bunkering to a cruise vessel in the port of Rotterdam.  Belgian inland transportation specialist, Victrol, explained on Monday that the development was attained on October 1, 2020.  Accordi...
read more
Chevron Refutes Report On  Agenda To Migrate Jobs Outside Nigeria

Chevron Refutes Report On Agenda To Migrate Jobs Outside Nigeria

The management of Chevron Nigeria Limited (CNL) has denied plans to migrate Nigerian jobs outside the country.CNL’s General Manager Policy, Government and Public Affairs, Mr Esimaje Brikinn, made the clarification in a statement on Friday.Brikinn spoke follo...
read more
LNG: Germany Projects Infrastructure, Investments

LNG: Germany Projects Infrastructure, Investments

German Shipowners’ Association (VDR) has welcomed investments in the country’s supply chain logistics as well as the Brunsbüttel terminal project.   According to World Maritime, this was a result of a discussion between Ralf Nagel, Chief Ex...
read more
Shell To Sack 9,000 Workers

Shell To Sack 9,000 Workers

Royal Dutch Shell has concluded plans to cut 7,000 to 9,000 jobs as it responds to challenges including the slump in oil demand amid the Covid-19 pandemic.  The oil giant said the cuts would be implemented by 2022 and included...
read more
NNPC, SEEPCO Seal Gas Development Deal

NNPC, SEEPCO Seal Gas Development Deal

The Nigerian National Petroleum Corporation (NNPC) and Sterling Exploration and Energy Production Company (SEEPCO) have signed an agreement for the development and commercialisation of gas from the Oil Mining Lease (OML) 143.  NNPC in a statement issued o...
read more
Nigeria To Harness Auto Gas As Alternative To Petrol

Nigeria To Harness Auto Gas As Alternative To Petrol

The Federal Government of Nigeria will focus on developing Compressed Natural Gas (CNG) otherwise known as auto gas, in order  to offer Nigerians an effective option to petrol, Vice President Yemi Osinbajo has said   The vice president’s spoke...
read more
Local Content: NNPC Seeks Capacity Upgrade for Indigenous Operators

Local Content: NNPC Seeks Capacity Upgrade for Indigenous Operators

In order to achieve the target of reducing the cost of oil production in Nigeria on a sustainable basis, the Nigerian National Petroleum Corporation (NNPC) says indigenous companies operating in the nation’s oil and gas sector must upscale their capacity...
read more
Oil Subsidy Gulps N8.9trillion In 10 Years

Oil Subsidy Gulps N8.9trillion In 10 Years

Between 2006 and 2015, the Federal Government of Nigeria spent a total of N8.94 trillion on oil subsidy, the Petroleum Products Pricing Regulatory Agency (PPPRA) has said.  A document on subsidy issued by PPPRA on Monday explained that the subsidy...
read more
Shell Unveils Major Cost-Cutting Drive

Shell Unveils Major Cost-Cutting Drive

Royal Dutch Shell is looking to slash up to 40 per cent off the cost of producing oil and gas in a major drive to save cash so it can overhaul its business and focus more on renewable energy and power...
read more
1 43 44 45 46 47 81