Category: Energy

Ikorodu Communities Petition Ikeja Electric Over Prepaid Meters, Fraudulent officials
January 23, 2021 No Responses

Ikorodu Communities Petition Ikeja Electric Over Prepaid Meters, Fraudulent officials

At least 10 Community Development Associations (CDAs) in the Ikorodu area of Lagos State have petitioned Ikeja Electric (IE) Plc. over outrageous estimated billings. The CDAs are also outraged at the alleged fraudulent activities of Ikeja Electric’s officials and the...
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Total, Firm Seal New LNG Charter Deal
January 22, 2021 No Responses

Total, Firm Seal New LNG Charter Deal

Russia’s largest shipping company Sovcomflot has secured a charter deal for its newbuild LNG tanker with Total.   Already, the two companies have concluded a time charter agreement for up to 7 years for a newbuilding 174,000-cbm LNG carrier, to be....
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Ikeja Electric Warns Customers Against Assaulting Its Employees
January 22, 2021 No Responses

Ikeja Electric Warns Customers Against Assaulting Its Employees

Ikeja Electric (IE) Plc has warned customers against assault on its employees carrying out their legitimate duties.  Mr Felix Ofulue, Head, Corporate Communications, Ikeja Electric, gave the warning in a statement issued on Thursday in Ikeja.  Ofulue...
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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 N...
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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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