Category: Energy

PPPRA Removes Price Cap On Petrol
June 5, 2020 No Responses

PPPRA Removes Price Cap On Petrol

The Petroleum Products Pricing Regulatory Agency (PPPRA) has removed the cap on the price of Premium Motor Spirit (PMS) also known as petrol. The agency made the disclosure in a document it released in Abuja on Thursday entitled, ‘’Market Based...
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NNPC To Deepen Business Portfolios In Power, Medical
June 5, 2020 No Responses

NNPC To Deepen Business Portfolios In Power, Medical

The Nigerian National Petroleum Corporation (NNPC) is firming up business portfolios in the power, medical, housing and other sectors that would strengthen the profitability of the state owned oil company. The corporation said in a statement on Thursday that t...
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Nigerian Content Board intervenes in NLNG, Macobarb N970m Rift
June 3, 2020 No Responses

Nigerian Content Board intervenes in NLNG, Macobarb N970m Rift

The Nigerian Content Development and Monitoring Board (NCDMB), has waded into the N970 million dispute between the Nigeria Liquefied Natural Gas (NLNG), and a Nigerian company, Macobarb International.News Agency of Nigeria (NAN) gathered that the N970 million ...
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DPR Hands Over Nine Vessels To Navy, EFCC
June 3, 2020 No Responses

DPR Hands Over Nine Vessels To Navy, EFCC

The Department of Petroleum Resources (DPR) said nine vessels allegedly involved in oil theft had been handed over to the Nigerian Navy and the Economic and Financial Crimes Commission (EFCC). The News Agency of Nigeria (NAN) reports that Mr Sarki...
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PPPRA Reduces PMS Pump Price To N121.50 Per Litre
June 1, 2020 No Responses

PPPRA Reduces PMS Pump Price To N121.50 Per Litre

The Petroleum Products Pricing Regulatory Agency (PPPRA) has reduced the pump price of Premium Motor Spirit (PMS), also known as petrol to N121.50 per litre from N123.50. The agency disclosed this in a letter to marketers with reference number A.4/9/017/C.2/V/...
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Rivers Inspects NLNG Medical Facilities
May 27, 2020 No Responses

Rivers Inspects NLNG Medical Facilities

Rivers State Commissioner for Health, Professor Princewill Chike, recently, led a delegation to inspect NLNG’s medical facilities and to assess its readiness in the fight against COVID-19 pandemic in the State. The Commissioner, who was received by NLNG’s ...
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NIMASA Explains Preliminary Investigation On Wellhead Fire
May 21, 2020 No Responses

NIMASA Explains Preliminary Investigation On Wellhead Fire

 By citybusinessnews@yahoo.com The Nigerian Maritime Administration and Safety Agency (NIMASA) has sent an investigative team to unravel the circumstances surrounding fire incident at a wellhead offshore, Ondo State. The incident involved a barge bel...
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FEC Approves N2.9b Fire Service Equipment For Odukpani Oil, Gas Park
May 20, 2020 No Responses

FEC Approves N2.9b Fire Service Equipment For Odukpani Oil, Gas Park

The Federal Executive Council (FEC) presided over by President Muhammadu Buhari on Wednesday approved N2.9billion for the provision of water and fire service equipment in the National Oil and Gas Park to be sited in Odukpani, Cross River State The...
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Senate Begins Amendment Of Nigeria’s Local Content Law
May 19, 2020 No Responses

Senate Begins Amendment Of Nigeria’s Local Content Law

The Senate has commenced amendment of the Nigerian Oil and Gas Industry Content Development Act 2010, following the consideration of a bill seeking to boost local content and strengthen the nation’s economy.    The Nigerian Oil and Gas Industry Content&nbs...
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Shell Explores Ship-Ship LNG Operation
May 17, 2020 No Responses

Shell Explores Ship-Ship LNG Operation

Royal Dutch Shell has taken part in two liquefied natural gas bunkering operations in the French port of Marseille and in the Dutch port of Rotterdam. In the Port of Marseille Fos, Shell and Carnival carried out the first-ever ship-to...
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Nigeria To Roll Out LPG Penetration Policy In June
May 15, 2020 No Responses

Nigeria To Roll Out LPG Penetration Policy In June

The Minister of State for Petroleum Resources, Chief Timipre Sylva, says  the Federal Government will roll out its policy on Liquefied Petroleum Gas (LPG),  also known as Cooking Gas, toward the end of June 2020, to ensure its penetration across...
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NLNG Seals EPC Contracts With Saipem, Chiyodu, Daewoo
May 13, 2020 No Responses

NLNG Seals EPC Contracts With Saipem, Chiyodu, Daewoo

  By citybusinessnews@yahoo.com Nigeria LNG Limited (NLNG) has signed the Engineering, Procurement and Construction (EPC) Contracts for its Train 7 Project with SCD JV Consortium, comprising affiliates of Saipem, Chiyoda and Daewoo. A statement ...
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NCDMB Warns Against Illegal Deployment Of Expatriates In Oil, Gas Sector
May 12, 2020 No Responses

NCDMB Warns Against Illegal Deployment Of Expatriates In Oil, Gas Sector

The Nigerian Content Development and Monitoring Board (NCDMB) is intensifying efforts to monitor and evaluate activities toward identifying operators involved in illegal deployment of expatriates in the oil and gas sector. The NCDMB, in a statement issued on i...
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South Korea Begins Work On Small LNG Vessel
May 11, 2020 No Responses

South Korea Begins Work On Small LNG Vessel

South Korea has started building a small liquefied natural gas bunkering vessel as part of a project backed by the Ministry of Oceans and Fisheries. A steel-cutting ceremony to mark the construction of the 500 cubic meter capacity LNG bunkering...
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