Category: Energy

96 Firms Bid For Rehabilitation Of NNPC’s Downstream Infrastructure
January 15, 2021 No Responses

96 Firms Bid For Rehabilitation Of NNPC’s Downstream Infrastructure

No fewer than 96 companies have indicated interest in the rehabilitation of the Nigerian National Petroleum Corporation’s (NNPC) downstream infrastructure. The public opening of the bid was held virtually in Abuja, on Thursday. The Managing Director of the Nigerian Pipelines...
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LNG Firm To Receive More Vessels In 2021
January 11, 2021 No Responses

LNG Firm To Receive More Vessels In 2021

Liquefied natural gas shipping company Flex LNG is expanding its fleet of vessels on the water earlier than planned. In a brief statement through its social media channels, Flex LNG informed that it will bring forward the delivery of its...
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OPEC, Non-OPEC Countries To Increase Production By 0.5mb/d In January
January 6, 2021 No Responses

OPEC, Non-OPEC Countries To Increase Production By 0.5mb/d In January

The Organisation of  Petroleum Exporting Countries (OPEC) and the non-OPEC countries have agreed to increase crude oil production by 0.5 million barrels per day (mb/d) in January. The group reached the agreement at the 13th OPEC and non-OPEC Ministerial M...
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Oil Prices Drop As OPEC Warns of 2021 Q1 Downside Risks
January 4, 2021 No Responses

Oil Prices Drop As OPEC Warns of 2021 Q1 Downside Risks

Oil prices edged lower on Monday, the first working day of 2021 trading, ahead of a meeting of OPEC and allied producers to discuss output levels for February with fears for first-half demand seeping into the market as the coronavirus pandemic lingers.Bre...
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BEDC Rolls Out 90,870 Electric Meters In Edo,Delta,Ondo, Ekiti
January 2, 2021 No Responses

BEDC Rolls Out 90,870 Electric Meters In Edo,Delta,Ondo, Ekiti

The Management of Benin Electricity Distribution Company (BEDC) has concluded plans to roll out no fewer than 90,870 meters in Edo, Delta, Ondo and Ekiti States in the first quarter of 2021. BEDC head of Public Affairs, Tayo Adekule explained&nb...
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Bayelsa Implores DPR On Revalidation Of Atala Marginal Oilfield
December 29, 2020 No Responses

Bayelsa Implores DPR On Revalidation Of Atala Marginal Oilfield

The Bayelsa Government is pursuing revalidation of the licence for Atala Marginal Oilfields on Oil Mining Lease (OML) 46 earlier revoked by the Department of Petroleum Resources (DPR).   In a chat with the News Agency of Nigeria (NAN) on Monday,...
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NLNG Mourns Professor Jerry Agada
December 25, 2020 No Responses

NLNG Mourns Professor Jerry Agada

Nigeria LNG Limited (NLNG), the sponsor of The Nigeria Prize for Literature, expresses shock and sadness over the loss of one of the Prize’s Advisory Board members, Professor Jerry Agada, who died on Tuesday 22nd December 2020, after a brief...
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Seplat, Waltersmith Seals Crude Purchase Agreement
December 23, 2020 No Responses

Seplat, Waltersmith Seals Crude Purchase Agreement

Seplat Petroleum Development Company Plc, listed on both the Nigerian Stock Exchange and the London Stock Exchange, has signed a Crude Purchase Agreement (CPA) with Waltersmith Petroman Oil Limited. According to Seplat, the CPA is for the supply of between...
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FG Inaugurates Two LNG Plants In Kano
December 16, 2020 No Responses

FG Inaugurates Two LNG Plants In Kano

The Minister of State for Petroleum Resources,Timipre Sylva, on Tuesday inaugurated two Liquified Natural Gas (LNG) plants in Kano State to enhance power supply for industrial development. Designed to enhance gas and power supply to industries in the state,the...
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Chevron Contributes N7b To Fund Projects In Delta Ijaw Communities
December 15, 2020 No Responses

Chevron Contributes N7b To Fund Projects In Delta Ijaw Communities

Chevron Nigeria Ltd. (CNL) has contributed over N7 billion under NNPC/Chevron Joint Venture, to the Egbema and Gbaramatu Communities Development Foundation (EGCDF) since its creation in 2005. Mr Esimaje Brikinn, the General Manager, Policy, Government and...
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NLNG, Bonny Kingdom, Julius Berger Seal Historic Bonny Consulate MoU
December 14, 2020 No Responses

NLNG, Bonny Kingdom, Julius Berger Seal Historic Bonny Consulate MoU

Nigeria LNG Limited (NLNG) has signed a Memorandum of Understanding (MoU) with Bonny Kingdom and Julius Berger Nigeria Limited (JBN) for the reconstruction of the Bonny Consulate Building, a 19th century historic landmark in Bonny Kingdom.  The MoU w...
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Olu Of Warri Implores FG On $16b Ogidigben Gas Project
December 13, 2020 No Responses

Olu Of Warri Implores FG On $16b Ogidigben Gas Project

The Olu of Warri, Ogiame Ikenwoli, has appealed to President Muhammadu Buhari to begin work on the US$16-billion Ogidigben gas project in Warri South-West Local Government Area of Delta. Ikenwoli made the appeal on Saturday during his fifth anniversary celebra...
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NLNG Wins World LNG Award
December 3, 2020 No Responses

NLNG Wins World LNG Award

Nigeria LNG Limited (NLNG) has won the most outstanding contribution in the industry award as a joint winner at the ongoing 2020 World LNG Virtual Summit and Award. NLNG emerged the winner alongside Kplerin, a nomination group comprising British Petroleum...
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Transcorp Pays N26.25b For Afam Power
November 27, 2020 No Responses

Transcorp Pays N26.25b For Afam Power

Transcorp Power Consortium has paid an equivalent of N26.25billion being 25 percent of the N105.3billion winning price for the Afam Power Plc to   formally takeover the assets of the company.  Announcing the payment at the formal handover o...
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