Firms Team Up On Smart Ship Development

Firms Team Up On Smart Ship Development

South Korea’s container shipping major Hyundai Merchant Marine and Daewoo Shipbuilding and Marine Engineering have joined forces on the research, development and innovation in the field of smart ship technologies.Under a Memorandum of Understanding, the parties would conduct research on...
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Toyota Partners GAC, FAW On Hydrogen Fuel Cars

Toyota Partners GAC, FAW On Hydrogen Fuel Cars

Toyota Motor plans to launch hydrogen fuel-cell car models with its China partners Guangzhou Automobile Group (GAC) and FAW Group , as the Japanese automaker tries to boost its presence in the world’s biggest auto market.Toyota will also equip GAC...
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NLNG Vessel Supports Rescue At Gibraltar Strait

NLNG Vessel Supports Rescue At Gibraltar Strait

A Nigeria LNG Limited vessel, LNG Kano, recently supported the rescue of two persons who were missing around the Gibraltar strait.According to the vessel’s manager, NLNG Ship Management Limited (NSML),on 24th August 2019, the vessel received a distress call ...
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NNPC Seals $875.75m Financing Deal With CPDC

NNPC Seals $875.75m Financing Deal With CPDC

The Nigerian National Petroleum Corporation (NNPC) has signed a 875.75 million dollar funding and technical services agreement and alternative financing deal for the Nigerian Petroleum Development Company(NPDC) operated Oil Mining Lease (OML) 65. The Corporati...
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DPR Seals 12 Filling Stations

DPR Seals 12 Filling Stations

The Department of Petroleum Resources (DPR) has sealed 12 filling stations in Sokoto and Kebbi states for under dispensing and operating without a valid licence. Muhammad Makera, the Zonal Operations Controller of DPR in charge of Sokoto and Kebbi states,...
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NNPC Begins Full Rehabilitation Of Refineries In 2020

NNPC Begins Full Rehabilitation Of Refineries In 2020

The Nigerian National Petroleum Corporation (NNPC) will begin full rehabilitation of the nation’s three refineris by January 2020. The nation’s refineries are located in Port Harcourt, Warri and Kaduna. The Group Managing director Malam Mele Kyari disclose...
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NNPC Woos Investors For NLNG Train 7

NNPC Woos Investors For NLNG Train 7

The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment towards harnessing Nigeria’s abundant resources for the benefit of Nigerians. It’s Group Managing Director Malam Mele Kyari disclosed this while speaking at a Gas and Power Br...
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Shell, Qatar Form Global LNG Joint Venture

Shell, Qatar Form Global LNG Joint Venture

State-owned Qatar Petroleum and the Netherlands-based oil and gas company Shell are forming a joint venture for global LNG bunkering services. Signed by Qatar Petroleum’s Wave LNG Solutions and Shell Gas & Power Developments B.V. on September 18, the agr...
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Timipreye Sylva In Abu Dhabi, Unveils Vision For Vibrant Petroleum Industry

Timipreye Sylva In Abu Dhabi, Unveils Vision For Vibrant Petroleum Industry

By citybusinessnews@yahoo.com —  “My plan is to ensure that during my tenure, four Final Investment Decisions (FIDs) are taken. I am sure that within the next quarter, we should be able to conclude on some of these FIDs so as...
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Shell Loses N202m Daily To Vandals, Oil Thieves

Shell Loses N202m Daily To Vandals, Oil Thieves

Shell Petroleum Development Company of Nigeria (SPDC) Joint Venture says it loses about N202 million daily in revenue to activities of criminals in the Niger Delta. The company attributed the loss to daily attacks on its pipelines by suspected crude...
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Crude Oil Theft:  NNPC, Navy To Deepen Collaboration

Crude Oil Theft: NNPC, Navy To Deepen Collaboration

The Nigerian National Petroleum Corporation (NNPC) and the Nigerian Navy have pledged to deepen collaboration to tackle the menace of crude oil theft and attacks on oil and gas facilities. The two organisations came to the resolution when the NNPC...
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NNPC Tasks FRSC On Smoky Trucks

NNPC Tasks FRSC On Smoky Trucks

The Nigerian National Petroleum Corporation (NNPC) has called on the Federal Road Safety Corps and other relevant agencies to rise up to their mandate of keeping the nation’s roads safe by keeping smoky vehicles that exceed the approved emissions limit...
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NNPC Boss Tasks Top Management Team On Performance

NNPC Boss Tasks Top Management Team On Performance

Keen on delivering on his mandate, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has charged members of his management team to work assiduously to deliver on the key priority areas of growing the...
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Shell Launches Electric Vehicle Chargers

Shell Launches Electric Vehicle Chargers

Shell is launching electric vehicle chargers at petrol stations in Singapore, its first such foray in Southeast Asia. The electric vehicle charging service, ‘Shell Recharge’, will be available at 10 Shell petrol stations in Singapore by October, th...
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