Category: Energy

NNPC, Kaduna, Sign MoU 0n Gas Utilisation, Expansion
August 27, 2021 No Responses

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 of gas supply in the state. Speaking at the MoU Execution...
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NNPC Records N287b Profit After Tax In 2020
August 26, 2021 No Responses

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
August 26, 2021 No Responses

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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Seplat, Orjiako Win Global Awards For Outstanding Indigenous Performance
August 25, 2021 No Responses

Seplat, Orjiako Win Global Awards For Outstanding Indigenous Performance

Seplat Energy Plc and its Board Chairman, Dr. ABC Orjiako have emerged winners at the Energy & Corporate Africa Leadership Award Night/Dinner held last week at the Hilton Post Oak, Houston, Texas, United States for outstanding indigenous performance. &nbsp...
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Oil Rises As Full U.S. Clearance For COVID-19 Vaccine Stokes Demand
August 24, 2021 No Responses

Oil Rises As Full U.S. Clearance For COVID-19 Vaccine Stokes Demand

Oil prices rose on Tuesday after the U.S. drug regulator granted full approval to the Pfizer Inc/BioNTech SE COVID-19 vaccine, stoking investor hopes that higher fuel demand will follow a potential step up in U.S. coronavirus vacc...
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NNPC Reiterates Support For NLNG
August 18, 2021 No Responses

NNPC Reiterates Support For NLNG

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has reiterated the Corporation’s commitment to supporting the Nigeria LiquefiedNatural Gas (NLNG) Limited towards achieving its goal of becoming a global LN...
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Oil Extends Losses As Covid-19 Slows Demand
August 14, 2021 No Responses

Oil Extends Losses As Covid-19 Slows Demand

Oil prices fell for a second day on Friday after the International Energy Agency warned that demand growth for crude and its products had slowed sharply as surging COVID-19 cases worldwide forced governments to revive movement restrictions.Reute...
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Shell To Pay $111m Compensation To Nigerian Community
August 12, 2021 No Responses

Shell To Pay $111m Compensation To Nigerian Community

Royal Dutch Shell has agreed to pay the Nigerian community $111m (£80m) over an oil spill more than 50 years ago. A spokesman said the payment would mark the “full and final settlement” to the Ejama-Ebubu community over a spill...
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Sylva Canvasses Increase Digital Technology Investments In Exploration Of Oil, Gas
August 10, 2021 No Responses

Sylva Canvasses Increase Digital Technology Investments In Exploration Of Oil, Gas

Minister of State Petroleum Resources Chief Timipre Sylva has called for increased investments in digital technology to boost exploration in the oil and gas sector.  Delivering a graduation lecture at the National Defence College (NDC) for Course 29, on M...
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NNPC Redeploys Staff, Appoints Garba Muhammad Spokesperson
August 10, 2021 No Responses

NNPC Redeploys Staff, Appoints Garba Muhammad Spokesperson

The Management of the Nigerian National Petroleum Corporation (NNPC) has announced the promotion and redeployment of some staff to fill key vacant positions in the corporation.  In a statement issued on Monday its spokesperson, Dr Kennie Obateru, NNPC exp...
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Shell, Maritime Firm Seal Partnership
August 7, 2021 No Responses

Shell, Maritime Firm Seal Partnership

Shell Tankers (Singapore) has signed a partnership agreement with ship management company Signal Maritime placing ten Medium Range (MR) product tankers into the company’s MR pool. The company was an early adopter of the Signal Ocean platform in pro...
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NLNG Explains CSR Initiative, Gas Resources Development
August 5, 2021 No Responses

NLNG Explains CSR Initiative, Gas Resources Development

The Nigeria LNG Limited (NLNG) has so far spent about $200m on Corporate Social Responsibility (CSR) programmes as part of measures to help build the nation.    Speaking on Wednesday in Lagos at the 2021 Society of Petroleum Engineers ...
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Crude Oil Prices Slide Over Higher Output, Others
August 3, 2021 No Responses

Crude Oil Prices Slide Over Higher Output, Others

Oil prices fell by more than $1 on Monday on worries over China’s economy after a survey showed growth in factory activity slipped sharply in the world’s second-largest oil consumer, with concerns compounded by a rise in oil output from OPEC&n...
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Shell Appoints Elohor Aiboni First Female MD For SNEPCO
August 2, 2021 No Responses

Shell Appoints Elohor Aiboni First Female MD For SNEPCO

Shell has appointed Mrs Elohor Aiboni  as the Managing Director of its Nigeria deep-water business, Shell Nigeria Exploration and Production Company Limited (SNEPCO).   Media Relations Manager, Shell Petroleum Development Company of Nigeria...
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