Category: Energy

Intels Denies Owing NPA
May 22, 2019 No Responses

Intels Denies Owing NPA

The Management of Nigeria’s oil and gas logistics giant, Intels Nigeria Limited said it is not indebted to the Nigerian Ports Authority (NPA), but rather NPA owes it more than US$750 million. The company, which issued a statement on Tuesday...
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NNPC To Inaugurate Largest LPG Storage In Edo
May 20, 2019 No Responses

NNPC To Inaugurate Largest LPG Storage In Edo

The Nigerian National Petroleum Corporation says it will unveil the largest Liquefied Petroleum Gas also known as cooking gas and Propane Storage and dispensing facility in Oredo, Benin City, Edo State. The Corporation disclosed this in a statement by its...
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APM Terminals Expands Scope, Integrates Into Maersk Logistics & Services
May 16, 2019 No Responses

APM Terminals Expands Scope, Integrates Into Maersk Logistics & Services

Come August 1, 2019, APM Terminals Inland Services will be integrated into Maersk Logistics & Services, providing customers with seamless access to a wider range of logistics & services offerings. This is a next step for A.P. Moller – Maersk...
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NIMASA Commences Process To End Gas Emission On Vessels
May 15, 2019 No Responses

NIMASA Commences Process To End Gas Emission On Vessels

The Nigerian Maritime Administration and Safety Agency (NIMASA) on May 10 had a landmark inaugural installation ceremony of the Thorium-X tablet, a fuel consumption data collection device, on board a Nigerian-flagged fuel tanker vessel, MT KINGIS, commencing t...
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COSCO Shipping Seals $3b Port Deal
May 15, 2019 No Responses

COSCO Shipping Seals $3b Port Deal

Hong Kong-based port operator, COSCO Shipping Ports has completed the equity transaction of project company responsible for its greenfield subsidiary at the Port of Chancay, Peru.Following the official completion of the transaction on May 10, Port of Chancay ...
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Winner Of Nigeria Prize For Science To Get $100,000
May 15, 2019 No Responses

Winner Of Nigeria Prize For Science To Get $100,000

Twenty-nine (29) scientists will vie to find long-lasting solutions to erosions, droughts and desertification plaguing different parts of the country in the 2019 edition of the Nigeria Prize for Science sponsored by Nigeria LNG Limited (NLNG). The science...
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Shell Nigeria Targets 2,400MW Electricity From Gas Project In Imo
May 14, 2019 No Responses

Shell Nigeria Targets 2,400MW Electricity From Gas Project In Imo

The ongoing Assa North/Ohaji South gas development project in Imo State, southeast Nigeria will produce 600 million standard cubic feet of gas per day, energy equivalent of about 2400 Megawatts which is enough to provide uninterrupted electricity to about 2.4....
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Dakuku: Special Tax Regime For Maritime Sector Under Consideration
May 8, 2019 No Responses

Dakuku: Special Tax Regime For Maritime Sector Under Consideration

The Federal Government Wednesday, assured the international oil and Gas community that the Nigerian maritime sector is safe for investment and special tax regime are under consideration to grow capacity for the industry in the country. Addressing Journalists a...
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Shell Opens New LNG Terminal
May 8, 2019 No Responses

Shell Opens New LNG Terminal

Shell in partnership with Gasnor has opened  a new Liquefied Natural Gas (LNG) regasification terminal at Gibraltar. The terminal, which will be operated by Shell’s Gasnor subsidiary will allow the British Overseas Territory to switch from diesel-fueled pow...
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NNPC Remits N153.01b Into Federation Account In January
May 6, 2019 No Responses

NNPC Remits N153.01b Into Federation Account In January

The Nigerian National Petroleum Corporation (NNPC) says it transferred N153.01 billion into the federation account in January. The corporation disclosed this in its Financial and Operations Report for the January released in Abuja on Sunday. “Within the peri...
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NNPC Boss Inaugurates AGPC Reconstituted Board, Targets 300mscf Of Gas Per Day
May 3, 2019 No Responses

NNPC Boss Inaugurates AGPC Reconstituted Board, Targets 300mscf Of Gas Per Day

Seplat Petroleum Development Company Plc, a leading Nigerian indigenous oil and gas company listed on both the Nigeria Stock Exchange (NSE) and London Stock Exchange (LSE), has announced the inauguration of the reconstituted Board of Directors of ANOH Gas Proc...
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132 Companies Bid For NNPC’s Crude Sales Contract
May 3, 2019 No Responses

132 Companies Bid For NNPC’s Crude Sales Contract

The Nigerian National Petroleum Corporation (NNPC) on Thursday opened 2019 Direct Sale of Crude Oil and Direct Purchase (DSDP) to its local and international business partners, and potential off-takers and suppliers with 132 organisations indicating interest. ...
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DPR Decries Artificial Scarcity Of Fuel
May 2, 2019 No Responses

DPR Decries Artificial Scarcity Of Fuel

Department of Petroleum Resources in Akwa Ibom has decried artificial scarcity of fuel caused by the Petroleum Tanker Driver’s in the state. Operations Controller of DPR in Akwa Ibom, Tamunoiminabo Kingsley-Sundaye, made this known to the News Agency of Nige...
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Baru Lauds Ikpea, Lee Engineering Boss
April 29, 2019 No Responses

Baru Lauds Ikpea, Lee Engineering Boss

The Nigerian National Petroleum Corporation (NNPC) has pledged to sustain and enhance existing support for indigenous oil and gas companies in line with the spirit and letters of the Nigerian Content legislation which ultimately seeks to enthrone efficient and...
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