Category: Energy

Train 7: NLNG Takes Final Investment Decision
December 28, 2019 No Responses

Train 7: NLNG Takes Final Investment Decision

Nigeria LNG Limited (NLNG) on Friday in Abuja took the Final Investment Decision (FID) for its Train 7 Project, which will increase its production by 35% and its competitiveness in the global LNG market.  A statement issued by General Manager,...
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DPR Seals 17 Filling Stations Over Sharp Practices
December 26, 2019 No Responses

DPR Seals 17 Filling Stations Over Sharp Practices

The Department of Petroleum Resources (DPR) in Gombe State on Wednesday sealed six filling stations for diversion of over 800,000 litres of petroleum product and operating with expired license. Alhaji Abdullahi Abawa, DPR Head of Operation, disclosed this shor...
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Shell, Firm Seal $307.3m LNG Deal
December 23, 2019 No Responses

Shell, Firm Seal $307.3m LNG Deal

Shipping Firm, Korea Line Corporation (KLC), part of Samra Midas Group, has signed a time charter contract for two LNG carriers with Shell Tankers (Singapore) Limited. The company in a Stock Exchange filing explained that the deal is worth KRW...
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Mandilas, NNPC Extend Quick-Service Centre To Ikoyi Petrol Station
December 21, 2019 No Responses

Mandilas, NNPC Extend Quick-Service Centre To Ikoyi Petrol Station

Mandilas Group in collaboration with Nigerian National Petrol Corporation (NNPC) Retail Limited has unveiled Quick-Service Centre at NNPC Ikoyi Petrol Station.  Located at 38, Alfred Rewane Road, Ikoyi, Lagos State, the Centre is equipped to handle quick ...
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Mandilas, NNPC Unveil Quick-Service Centre In Abuja
December 19, 2019 No Responses

Mandilas, NNPC Unveil Quick-Service Centre In Abuja

As the count-down begins to next year’s Mandilas’ 70th anniversary of doing business and providing services in Nigeria, the Group has reiterated its commitment to the economy and its teeming customers in all parts of the country. The management has...
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DPR Seals Four Gas Plants
December 18, 2019 No Responses

DPR Seals Four Gas Plants

The Department of Petroleum Resources (DPR) on Wednesday sealed off four Liquefied Petroleum Gas (LPG) plants, over non-compliance and illegal operations in Lagos.Officers of the Nigeria Security and Civil Defence Corps (NSCDC), which collaborated with the DPR...
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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 Monthl...
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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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