Category: Energy

NNPC Declares N5.20b Trade Surplus
December 16, 2019 No Responses

NNPC Declares N5.20b Trade Surplus

The Nigerian National Petroleum Corporation (NNPC) said it made ₦5.20billion trading surplus for the month of August, reflecting an increase of 22 per cent compared with the ₦4.26 billion surplus posted in July. The corporation disclosed this in its Monthly...
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NLNG, JVs Seal Train 7 Gas Supply Agreements
December 14, 2019 No Responses

NLNG, JVs Seal Train 7 Gas Supply Agreements

A critical step towards the realization of the Train 7 Project of the Nigeria Liquefied Natural Gas (NLNG) was taken on Friday in Abuja with the signing of a Gas Supply Agreement with major gas producers. Speaking on the significance...
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NGC Declares 117 % Increase In Profit
December 13, 2019 No Responses

NGC Declares 117 % Increase In Profit

By Moses Ebosele, ebosele@hotmail.com For the year ended December 31, 2018, the Nigerian Gas Company (NGC), the gas transportation subsidiary of the Nigerian National Petroleum Corporation (NNPC), recorded profit after tax of N13.29billion, representing an inc...
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NLNG Signs Sales Deal With Vitol SA
December 12, 2019 No Responses

NLNG Signs Sales Deal With Vitol SA

The Nigerian Liquefied Natural Gas (NLNG) has signed LNG Sales and Purchase Agreement (SPA) with Vitol SA.  In a statement issued by General Manager, External Relations, Eyono Fatayi-Williams, NLNG explained that the deal is for some remarketed volumes fr...
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Shell, Firm Seal $245m Charter Deal
December 9, 2019 No Responses

Shell, Firm Seal $245m Charter Deal

Petroleum and chemical tanker owner, AET Tanker Holdings has secured $245million time charter contracts with Brazil Shipping I Limited, a subsidiary of Royal Dutch Shell. Under the terms of the deal, AET said it would own and operate the related newbuilding.....
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NLNG MD: We have Paid Over $13b To FGN For Feed Gas Purchases
December 9, 2019 No Responses

NLNG MD: We have Paid Over $13b To FGN For Feed Gas Purchases

I feel privileged to speak to this outstanding industry group about the critical issue of our development and growth as a nation in Africa. Conversations about Nigeria’s development generate several models and theories on the way forward without commiserate ...
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DPR Seals NNPC Filling Station
December 5, 2019 No Responses

DPR Seals NNPC Filling Station

The Department of Petroleum Resources (DPR), Eket Field Office, has sealed the Nigerian National Petroleum Corporation (NNPC) filling station in Uyo for discharging petroleum products while selling the products to motorists.The Operations Controller of DPR in ...
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NLNG Photo News
December 4, 2019 No Responses

NLNG Photo News

 (L-R) GMD, Aiteo Eastern Exploration & Production Co. Ltd., Victor Okoronkwo; Executive Secretary, NCDMB, Engr. Simbi Wabote; Minister of State for Petroleum Resources, Chief Timipre Sylva; NLNG MD, Tony Attah; Emmanuel Uleh, Head, NC Compliance Assuranc...
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Dangote Refinery Takes Delivery Of Crude Refining Equipment
December 2, 2019 No Responses

Dangote Refinery Takes Delivery Of Crude Refining Equipment

The Dangote Oil Refinery Company on Sunday took delivery of what it described as the world’s largest crude distillation equipment. Capt. Rajen Sachar, Head, Maritime and Ports Infrastructure of Dangote, told newsmen at the arrival of the equipment in Lagos.....
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NNPC, Firm Seal Abuja-Kaduna-Kano Pipeline Project Deal
November 28, 2019 No Responses

NNPC, Firm Seal Abuja-Kaduna-Kano Pipeline Project Deal

The Nigerian National Petroleum Corporation (NNPC), China Petroleum Pipeline Engineering Company Limited (CPPECL) and Brantex Consortium, have concluded plans for the commencement of work on the Abuja-Kaduna-Kano Pipeline (AKK) project. The Group Managing Dire...
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DPR Sanctions Petrol Outlets, Two Gas Plants
November 27, 2019 No Responses

DPR Sanctions Petrol Outlets, Two Gas Plants

The Department of Petroleum Resources (DPR), Warri Zonal Office has sanctioned three petrol stations and two gas plants over alleged sharp practices in Delta State.Mr Antai Asuquo, Warri Zonal Operations Controller of DPR, represented by Mr Victor Ohwodiosa, t...
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Shell Seeks Re-Orientation For Nigerian Undergraduates
November 21, 2019 No Responses

Shell Seeks Re-Orientation For Nigerian Undergraduates

The Shell Petroleum Development Company of Nigeria Limited (SPDC) on Wednesday said undergraduates in Nigerian universities needed re-orientation to challenge them on the use of emerging technologies to enable innovation. Mr Osagie Okunbor, SPDC Managing Direc...
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Nigeria Implores ExxonMobil, Others On Collaboration
November 20, 2019 No Responses

Nigeria Implores ExxonMobil, Others On Collaboration

The Minister of State for Petroleum Resources, Chief Timipre Sylva, has tasked ExxonMobil and other International Oil Companies (IOCs) on strong collaboration to ensure efficient oil and gas sector in Nigeria. A statement signed by Alhaji Garba Deen Muhammad, ...
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Total DMD: Larger Portion Of Nigeria’s Oil, Gas Untapped
November 19, 2019 No Responses

Total DMD: Larger Portion Of Nigeria’s Oil, Gas Untapped

There are billions of barrels of oil and trillions cubic feet of gas yet to be discovered in Nigeria, Deputy Managing Director, Deep Water District of Total Exploration and Production Nigeria Limited, Mr Ahmadu Kida-Musa, has said.   Speaking on...
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