Category: Energy

Baru Lists Achievements As NNPC GMD
June 22, 2019 No Responses

Baru Lists Achievements As NNPC GMD

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, on Thursday enumerated landmark progress recorded in the last three years under his watch as helmsman of Nigeria’s national oil corporation. Speaking at his investiture as...
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NNPC To Resume Oil Search In Chad Basin
June 20, 2019 No Responses

NNPC To Resume Oil Search In Chad Basin

The Nigerian National Petroleum Corporation (NNPC) has restated its commitment to resume oil search in the Chad Basin as soon as it receive security clearance. Group Managing Director of the Corporation, Dr. Maikanti Baru, disclosed this today when the Governo...
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Rivers State Reiterates Support For NLNG Train 7
June 20, 2019 No Responses

Rivers State Reiterates Support For NLNG Train 7

Rivers State Government has pledged to support Train 7 project of the Nigeria Liquefied Natural Gas (NLNG) Limited because of its potential to create about 15,000 jobs and enhance the state’s economy. Speaking on Wednesday when the management of NLNG...
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NLNG Task Contractors On Safety, Zero Incidents
June 19, 2019 No Responses

NLNG Task Contractors On Safety, Zero Incidents

The Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), Mr Tony Attah, on Tuesday in Port Harcourt, called on Chief Executive Officers of contractors to NLNG to be more visible in promoting safety in their operations. A...
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NNPC’s Technical Firm Declares N6.758b Profit
June 19, 2019 No Responses

NNPC’s Technical Firm Declares N6.758b Profit

The National Engineering and Technical Company of Nigeria (NETCO), the engineering subsidiary of the Nigerian National Petroleum Corporation, on Tuesday posted a profit before tax of N6.75 billion for the year ended 31st December 2018 representing an increase ...
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Baru Decries Cross-Border Smuggling of Petroleum Products
June 19, 2019 No Responses

Baru Decries Cross-Border Smuggling of Petroleum Products

Group Managing Director of the Corporation, Dr. Maikanti Baru, called on members of the Nigerian Union of Journalists to join the Corporation is naming and shaming cross-border smugglers of petroleum products.  Dr. Baru, made the call when he played host....
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NNPC Inaugurates Trading Company’s New Office
June 15, 2019 No Responses

NNPC Inaugurates Trading Company’s New Office

Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has tasked staff of the National Oil Company to boost their productivity.The NNPC helmsman’s charge came during his inauguration of a new office complex of its ...
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Daewoo Secures Order For Another LNG Carrier
June 13, 2019 No Responses

Daewoo Secures Order For Another LNG Carrier

South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) has secured another LNG carrier order from Maran Gas Maritime.The Greece-based shipowner, part of Angelicoussis Shipping Group, ordered the 174,000 cbm unit on June 12. The vessel will be buil...
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CMA CGM To Boost Fleet Wth 20 LNG-Fueled Ships
June 11, 2019 No Responses

CMA CGM To Boost Fleet Wth 20 LNG-Fueled Ships

On the occasion of World Environment Day, French container shipping giant CMA CGM has reiterated its commitment to the environment, striving to be a leader in the energy transition of the maritime industry.Claiming to be a pioneer in the use...
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SEC Suspends Oando’s AGM
June 10, 2019 No Responses

SEC Suspends Oando’s AGM

The Securities & Exchange Commission (SEC) has suspended the 2019 annual general meeting of oando plc earlier scheduled to told Tuesday, June 11th, 2019.In a statement on Monday morning, SEC said that, “further to the Ex-parte Order of the Federal...
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NNPC Records N174.62b Petroleum Product Sales In March
June 10, 2019 No Responses

NNPC Records N174.62b Petroleum Product Sales In March

The Nigerian National Petroleum Corporation (NNPC) on Sunday said it recorded N174.62 billion sale of white petroleum products in March.The corporation disclosed this in its March Monthly Financial and Operations Report (MFOR) released in Abuja.It says that Ma...
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LNG Firm Welcomes 173,400cbm Carrier
June 9, 2019 No Responses

LNG Firm Welcomes 173,400cbm Carrier

LNG carrier owner and operator, Flex LNG has received the 173,400 cbm carrier, Flex Constellation from South Korea’s Daewoo Shipbuilding and Marine Engineering (DSME).According to the Oslo-listed company, Flex Constellation was delivered three weeks ahe...
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Oando: Court Restrains SEC
June 4, 2019 No Responses

Oando: Court Restrains SEC

The Federal High Court in Lagos on Monday restrained the Securities and Exchange Commission (SEC) from removing Mr. Wale Tinubu as the Group Chief Executive Officer of Oando Plc. It also barred SEC from imposing a fine on Tinubu and...
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Sunmonu, Ex-Shell Boss To Oversee Oando’s Interim Management Team
June 2, 2019 No Responses

Sunmonu, Ex-Shell Boss To Oversee Oando’s Interim Management Team

The crisis rocking Oando Plc took a new dimension on Sunday as the Securities and Exchange Commission (SEC) appoints an interim management team for the company.  According to SEC, the management team headed by Mr. Mutiu Olaniyi Adio Sunmonu CON,...
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