DPR Shuts 12 Gas Retail Shops

DPR Shuts 12 Gas Retail Shops

The Department of Petroleum Resources (DPR) has shut 12 gas retail shops located in residential areas in Zamfara, the DPR Controller in Gusau, Alhaji Ango Haruna, has said. The controller disclosed this to newsmen on Friday after a surveillance patrol...
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DPR Automates Downstream Operations

DPR Automates Downstream Operations

The Department of Petroleum Resources (DPR) has launched its digitization initiative for Downstream operations under the ‘AUTOMATED DOWNSTREAM SYSTEM’ (ADS) program.The digitization initiative is designed to improve overall efficiency and accelerat...
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Refineries: Senate Probes NNPC Over $396m Spent On  Maintenance

Refineries: Senate Probes NNPC Over $396m Spent On Maintenance

The Senate on Thursday resolved to probe the Nigerian National Petroleum Corporation (NNPC) over the sum of $396 million expended on Turn-Around Maintenance of refineries in the country between 2013 and 2015.Accordingly, the Upper Chamber mandated the Committe...
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Exxon Mobil Secures $332m Mediterranean deal

Exxon Mobil Secures $332m Mediterranean deal

Egypt has signed two deals with Exxon Mobil Corporation  for oil and gas exploration in the Mediterranean, the petroleum ministry has said.The deals involve a minimum investment of $332 million, the ministry said in a statement. Exxon Mobil announced the....
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SHACMAN Trucks GM, TSS Officials Visit Dangote Group, Tour Refinery

SHACMAN Trucks GM, TSS Officials Visit Dangote Group, Tour Refinery

The General Manager of Shaanxi Heavy Duty Automobile Import & Export Co. Ltd, Mr. Tian Chao has commended Dangote group for their trust and support.  The SHACMAN Trucks GM and Transit Support Services Ltd (TSS) officials recently visited the biggest...
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NLNG Signs Sale, Purchase Agreement With Eni

NLNG Signs Sale, Purchase Agreement With Eni

Nigeria LNG Limited (NLNG) and Eni have signed a LNG Sale and Purchase Agreement (SPA) for some of the remarketed volumes from NLNG’s Trains 1, 2 and 3.The agreement is for the supply of 1.5mtpa for a 10 year term...
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NLNG Signs Sales Deal With Total Gas & Power

NLNG Signs Sales Deal With Total Gas & Power

Nigeria LNG Limited (NLNG) and Total Gas & Power (TGP)have signed a LNG Sale and Purchase Agreement (SPA) for some of the remarketed volumes from NLNG’s Trains 1, 2 and 3. The agreement is for the supply of 1.5mtpa for...
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NLNG Targets  Malaria Elimination In Bonny

NLNG Targets Malaria Elimination In Bonny

Nigeria LNG Limited (NLNG) has revealed plans to eliminate Malaria from Bonny Island, Rivers State, its operational base, testing a model of private sector involvement in the fight against the disease that will be replicated globally. This was made known...
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NNPC Boss Lauds Lee Engineering Over Construction Of 150 Million Metric Storage

NNPC Boss Lauds Lee Engineering Over Construction Of 150 Million Metric Storage

The Group Managing Director, Nigeria National Petroleum Corporation (NNPC) Mr. Mele Kyari has commended Lee Engineering and Construction Company for the execution of the Atlas Cove Depot Optimization Project for the NNPC.  The Atlas Cove Depot Optimizatio...
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DPR Tasks LPG Plant Operators On Safety

DPR Tasks LPG Plant Operators On Safety

The Department of Petroleum Resources (DPR) has urged Liquefied Petroleum Gas (LPG) plant operators to take necessary measures to ensure safety of end users of cooking gas in Kaduna State. The DPR North West Zonal Operational Controller, Mr Isa Tafida,...
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EEDC Stops Collection Of Cash Above N3000

EEDC Stops Collection Of Cash Above N3000

The Enugu Electricity Distribution Company (EEDC) is to stop receiving cash payments above N3,000 from electricity consumers as from February1, 2020.In a statement issued on Wednesday by Head of Communications, EEDC, Mr Emeka Ezeh, explained that customers mak...
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Oil Prices Jump After Iranian General Killed By US

Oil Prices Jump After Iranian General Killed By US

Oil prices have risen sharply after the killing of a top Iranian general in Iraq. Analysts warned the action could escalate tensions in the region and affect global oil production. The price of Brent crude jumped by more than 3%...
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NNPC Explains N13.23b Trade Surplus

NNPC Explains N13.23b Trade Surplus

The Nigerian National Petroleum Corporation (NNPC) recorded a trading surplus of ₦13.23billion in October 2019. This represented an increase of 54 per cent compared to ₦8.59 billion surplus posted in September 2019. The Corporation disclosed this in its Mo...
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Train 7: NLNG Takes Final Investment Decision

Train 7: NLNG Takes Final Investment Decision

Nigeria LNG Limited (NLNG) on Friday in Abuja took the Final Investment Decision (FID) for its Train 7 Project, which will increase its production by 35% and its competitiveness in the global LNG market.  A statement issued by General Manager,...
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