Category: Energy

Nasarawa To Establish CNG-LNG Conversion Centres
September 11, 2024 No Responses

Nasarawa To Establish CNG-LNG Conversion Centres

Nasarawa State Governor, Abdullahi Sule has said Compressed Natural Gas (CNG) and Liquified Natural Gas (LNG) vehicle conversion centres will be established in the three senatorial zones of the state. He disclosed this at the graduation ceremony and presentation of...
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Ogun To Unveil 100 CNG Buses
September 10, 2024 No Responses

Ogun To Unveil 100 CNG Buses

The Ogun State Governor, Dapo Abiodun, has announced plans to unvei 100 brand new 18-seater Compressed Natural Gas (CNG) buses.The Governor, who disclosed this in his office at Oke-Mosan, Abeokuta on Monday, explained that the Federal Government would make ava...
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NNPCL/Chevron JV Concludes Conversion Of Assets Into PIA Terms
September 9, 2024 No Responses

NNPCL/Chevron JV Concludes Conversion Of Assets Into PIA Terms

. In line with the Petroleum Industry Act (PIA) 2021 provisions of transiting assets from the Petroleum Profit Tax (PPT) into PIA terms, the NNPC Ltd and its Joint Venture (JV) partner, Chevron Nigeria Ltd (CNL), have concluded the conversion...
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Board Names 2024 Winners Of $100,000 Nigeria Prize for Science
September 9, 2024 No Responses

Board Names 2024 Winners Of $100,000 Nigeria Prize for Science

The Advisory Board of The Nigeria Prize for Science has named Eni Oko, Olajide Otitoju, and Meihong Wang as the winners of the 2024 edition of the Prize.The announcement is expected to reshape Nigeria’s energy future.The Board recognised the winners...
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NLNG’s Train 7: NCDMB Lauds Nigerian Content, Seeks Greater Collaboration
September 7, 2024 No Responses

NLNG’s Train 7: NCDMB Lauds Nigerian Content, Seeks Greater Collaboration

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe has commended the significant Nigerian Content strides achieved in the Nigeria LNG Limited (NLNG) Train 7 Project.  Speaking on Friday during a v...
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Atiku Lauds Dangote On Petrol Production
September 6, 2024 No Responses

Atiku Lauds Dangote On Petrol Production

Former Vice President Atiku Abubakar has commended Dangote Refinery on the historic and landmark commencement of production of Premium Motor Spirit or petrol. Atiku in a statement on Thursday particularly hailed the Chairman of Dangote Group, Alhaji Aliko Dang...
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TUC: Petrol Price Hike Will Worsen Workers’ Poverty
September 5, 2024 No Responses

TUC: Petrol Price Hike Will Worsen Workers’ Poverty

The increase in the pump price of petroleum would worsen poverty among workers, the Trade Union Congress of Nigeria (TUC) has said. In a statement on Wednesday, TUC President, Comrade Festus Osifo called on the Federal Government to “immediately rescind...
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NLC Faults Petrol Price Hike
September 4, 2024 No Responses

NLC Faults Petrol Price Hike

The Nigeria Labour Congress (NLC) on Tuesday demanded an immediate reversal of the hike in fuel price announced by the Nigerian National Petroleum Company Limited (NNPCL).  The NNPCL increased the pump price of petrol from ₦568 to ₦855, ₦897 (depend...
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NNPCL Admits Owing Petrol Suppliers
September 2, 2024 No Responses

NNPCL Admits Owing Petrol Suppliers

The Nigerian National Petroleum Company Limited (NNPCL) admitted at the weekend its “significant debt to petrol suppliers,” saying it poses a threat to the sustainability of fuel supply.  In a statement on Sunday, NNPCL spokesman Olufemi Soneye said “Th...
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Shell To Cut Hundreds Of Jobs
August 31, 2024 No Responses

Shell To Cut Hundreds Of Jobs

British energy giant Shell plans to cut hundreds of jobs from its oil and gas exploration division as part of a cost-cutting program announced last year, a person familiar with the matter said Friday. The cuts will affect two units...
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At IIaje Community, NNPC Unveils Vision First Programme
August 28, 2024 No Responses

At IIaje Community, NNPC Unveils Vision First Programme

The NNPC Ltd has flagged off the third edition of the Vision First Programme, as part of comprehensive community-focused healthcare outreach targeted at the Ilaje community and its environs in Bariga, Lagos State.A statement issued byOlufemi O. Soneye,Chief Co...
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NCDMB Retains Top Ranking As PEBEC Evaluates Efficiency, Transparency Of MDAs
August 28, 2024 No Responses

NCDMB Retains Top Ranking As PEBEC Evaluates Efficiency, Transparency Of MDAs

The Nigerian Content Development and Monitoring Board (NCDMB) has retained its top ranking in business efficiency and transparency among ministries, departments and agencies (MDAs), as captured in the latest evaluative assessment by the Presidential Enabling B...
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LNG: NNPC Expands Global Market Footprint To Japan, China
August 26, 2024 No Responses

LNG: NNPC Expands Global Market Footprint To Japan, China

In line with its strategic vision to be a dynamic and reliable global energy supplier of choice, the Nigerian National Petroleum Company Limited (NNPC Ltd) has commenced shipment of Liquefied Natural Gas (LNG) cargoes to Japan and China on Delivered...
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Oando Completes $783m Acquisition Of Agip Oil Company
August 23, 2024 No Responses

Oando Completes $783m Acquisition Of Agip Oil Company

Oando Plc has completed the acquisition of Eni’s subsidiary, Nigerian Agip Oil Company (NAOC), for $783m. The company announced this on Thursday in a statement by its Chief Compliance Officer and Company Secretary, Ayotola Jagun. The deal sees Oando, which.....
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