Category: Energy

Senate Queries DPR Over N44.5b Remittance, N2.4trillion Revenue
August 21, 2020 No Responses

Senate Queries DPR Over N44.5b Remittance, N2.4trillion Revenue

Representatives of Department of Petroleum Resources (DPR) were queried by the Senate on Friday for remitting only N44. 5 billion into the Consolidated Revenue Fund in 2019 out of N2.4 trillion generated.   This is as heads of many of...
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NPDC Targets 600mmscf/d Of Gas Supply To Domestic Market
August 21, 2020 No Responses

NPDC Targets 600mmscf/d Of Gas Supply To Domestic Market

The Nigerian Petroleum Development Company (NPDC), an Exploration and Production subsidiary of the Nigerian National Petroleum Corporation (NNPC), is looking at boosting its gas supply to the domestic market by 600million standard cubic feet per day (mmscf/d) ...
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Total Resumes Oil Drilling In Angola
August 19, 2020 No Responses

Total Resumes Oil Drilling In Angola

France’s Total has restarted oil drilling in Angola and new exploration ships will also soon resume work, the company’s country chair Olivier Jouny told trade publication Africa Oil & Power on Monday.All drilling activity ground to a halt i...
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NLNG Inaugurates New Board
August 17, 2020 No Responses

NLNG Inaugurates New Board

The newly appointed Chairman of the Board of Directors of Nigeria LNG Limited has formally assumed duty following a ceremony at the Corporate Head Office of the Company in Port Harcourt, Rivers State.    A statement issued by General Manager, Ex...
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DPR Pledges To Create Business Opportunities In Oil, Gas Industry
August 16, 2020 No Responses

DPR Pledges To Create Business Opportunities In Oil, Gas Industry

The Department of Petroleum Resources (DPR) has promised to use its regulatory framework to continue to create opportunities and enable businesses in the oil and gas industry.   A statement by Mr Paul Osu, the Head, Public Affairs in DPR,...
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Diri Urges Agip To Relocate To Bayelsa
August 13, 2020 No Responses

Diri Urges Agip To Relocate To Bayelsa

Bayelsa State Governor, Douye Diri has urged the Nigerian Agip Oil Company (NAOC) to relocate its operational headquarters to Bayelsa where it operated most oilfields and Brass oil export terminal. Diri, made the call at the virtual inauguration of the...
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Nigeria Inaugurates Gas Network Code
August 10, 2020 No Responses

Nigeria Inaugurates Gas Network Code

The Federal Government has inaugurated the Nigeria Gas Transportation Network Code to  deepen the growth of gas market in the country. The Minister of State for Petroleum Resources, Chief Timipre Slyva, disclosed this at the Virtual launch of The Go-Live...
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ExxonMobil Nigeria Appoints Richard Laing CEO
August 9, 2020 No Responses

ExxonMobil Nigeria Appoints Richard Laing CEO

ExxonMobil on Saturday announced the appointment of Richard Laing as Chairman and Managing Director of its three affiliates in Nigeria with effect from August 1, 2020.  Manager, Media and Communications, ExxonMobil, Mr Ogechukwu Udeagha, confirmed the dev...
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Shell Seals Charter Deals For Six LNG Carriers
August 5, 2020 No Responses

Shell Seals Charter Deals For Six LNG Carriers

Shell has expanded its fleet with charter deals for six newbuild liquefied natural gas (LNG) carriers.  Shell signed separate agreements for two tankers each with Knutsen LNG, Korea Line Corporation, and ICBC Financial Leasing and institutional investors advi...
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Minister Lauds Seplat, Explains Cost Containment In Oil, Gas Industry
July 31, 2020 No Responses

Minister Lauds Seplat, Explains Cost Containment In Oil, Gas Industry

The Federal Government has embarked on industry-wide cost containment measures to strengthen the oil and gas sector in order to cushion the effect of COVID-19 pandemic on the economy. Mr Timipre Sylva, the Minister of State for Petroleum Resources, said...
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Nigeria, Israel Seal Bilateral Agreement On Green Energy
July 30, 2020 No Responses

Nigeria, Israel Seal Bilateral Agreement On Green Energy

The State of Israel and Nigeria on Wednesday signed bilateral agreement in the field of green energy development.  The agreement was the outcome of a closed door meeting between Mr Yotam Kreiman, Deputy Head of Israeli Mission to Nigeria, Dr...
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Seplat Posts $234m Revenue In Six Months, To Drill Two Gas Wells
July 29, 2020 No Responses

Seplat Posts $234m Revenue In Six Months, To Drill Two Gas Wells

For the six months ended June 30,  2020, Seplat Petroleum Development Company Plc, a Nigerian independent energy company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE) on Wednesday announ...
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DPR Implores Lubricant Producers On Export
July 22, 2020 No Responses

DPR Implores Lubricant Producers On Export

Director, Department of Petroleum Resources (DPR), Mr Auwalu Sarki,  has enjoined lubricant producers in the country to look beyond the shores of Nigeria and target the export market in the distribution of their products. A statement signed by Mr Paul Osu, ...
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NLC Seeks Downward Review Of Petroleum Pump Price
July 21, 2020 No Responses

NLC Seeks Downward Review Of Petroleum Pump Price

The  President of the Nigerian Labour Congress (NLC),  Mr Ayuba Waba,  has called for the downward  review of the current price of petroleum products in Nigeria. Waba made the call on Tuesday while responding to  questions from Journalists in Jalingo,...
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