Category: Energy

Lee Engineering Seals Fabrication Deal With VDL KTI Of Belgium
March 5, 2019 No Responses

Lee Engineering Seals Fabrication Deal With VDL KTI Of Belgium

Lee Engineering, on Monday, signed a major partnership deal with  VDL KTI of Belgium for oil and gas equipment fabrication. The Belgian company is a global leader in the fabrication and manufacturing of oil and gas equipment. The deal according...
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NNPC: Nigeria Controls $48b New Oil, Gas Projects In Africa
March 1, 2019 No Responses

NNPC: Nigeria Controls $48b New Oil, Gas Projects In Africa

Nigeria is the destination for new projects in the oil and gas industry in Africa valued at over $48 billion, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, has said. This is about 25 per...
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NLNG flags off 2019 Nigeria Literary competitions
February 22, 2019 No Responses

NLNG flags off 2019 Nigeria Literary competitions

The Advisory Boards for The Nigeria Prize for Science, The Nigeria Prize for Literature and The Literary Criticism Prize, sponsored by Nigeria LNG (NLNG) Limited, have published the Call for Entries for the 2019 edition of the prizes, flagging off...
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Eterna Targets 200 Petrol Stations In Five Years
February 13, 2019 No Responses

Eterna Targets 200 Petrol Stations In Five Years

The Management of Eterna Plc has concluded plans to establish not less than 200 petrol stations in the next five years from the 35 it currently operates. Speaking in Lagos on Tuesday, Managing Director, Mahmud Tukur also declared that market...
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Nigeria Seeks Duty Waiver For Project 100
February 1, 2019 No Responses

Nigeria Seeks Duty Waiver For Project 100

The Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, has explained that the ministry would consider ways of securing import waivers for the implementation of the Project 100, where it is necessary.  Already, the Nigerian Government, a...
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Nigeria Targets $2b From Oil, Gas Lease Licence Renewal
January 31, 2019 No Responses

Nigeria Targets $2b From Oil, Gas Lease Licence Renewal

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, says government is targeting about two billion dollars from the oil and gas lease licences renewal.  Kachikwu disclosed this while fielding questions from newsmen at the just concluded Nigeri...
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Nigeria Tasks African Leaders On Oil, Gas Infrastructure Development
January 29, 2019 No Responses

Nigeria Tasks African Leaders On Oil, Gas Infrastructure Development

President Muhammadu Buhari has called on African leaders to support whatever will help drive infrastructure development in the oil and gas sector in the region.  Buhari gave the advice at the opening ceremony of the second edition of the Nigerian...
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NNPC Seals $8.441b JV Deals With SEEPCO, Shell, Agip, Others
January 21, 2019 No Responses

NNPC Seals $8.441b JV Deals With SEEPCO, Shell, Agip, Others

To  further consolidate the revenue profile of the Nigeria National Petroleum Corporation (NNPC), the Group Managing Director (GMD) Dr. Maikanti Baru and his management team have taken audacious steps to double investments base of the Corporation. In the ...
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NNPC Explains Payment Of $993.7m Cash Call Arrears
January 20, 2019 No Responses

NNPC Explains Payment Of $993.7m Cash Call Arrears

Nigeria’s state oil firm said on Friday it had paid $993.7 million up to September in arrears owed to its joint ventures with multinational oil companies by September, and still had to make up payments of $3.95 billion. The Nigerian...
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NNPC To Crash Price of Cooking Gas
January 11, 2019 No Responses

NNPC To Crash Price of Cooking Gas

The Nigerian National Petroleum Corporation (NNPC) is set to implement effective commercial framework that would halt the export of propane and butane which are major components in the production of Liquefied Petroleum Gas (LPG), also known as cooking gas. &nb...
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Nigeria’s Oil Output Hits 2.09m Barrels
January 2, 2019 No Responses

Nigeria’s Oil Output Hits 2.09m Barrels

The Federal Republic of Nigeria has explained that the country’s  crude oil daily production is up by 9 per cent to about 2.09 million barrels. According to Nigerian National Petroleum Corporation (NNPC) Group Managing Director Dr. Maikanti Baru,  ...
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World’s Largest FLNG Facility Begins Production
December 27, 2018 No Responses

World’s Largest FLNG Facility Begins Production

Royal Dutch Shell’s Prelude FLNG facility, the world’s largest floating liquefied gas facility, has commenced production offshore Western Australia. “Today the wells have been opened at the Prelude FLNG facility and the initial phase of production has co...
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Shell Nigeria Explains Investment In Imo, Targets 300mcf Gas For Domestic Market
December 24, 2018 No Responses

Shell Nigeria Explains Investment In Imo, Targets 300mcf Gas For Domestic Market

The Shell Petroleum Development Company of Nigeria Limited (SPDC) on Sunday has announced the Final Investment Decision (FID) on the Assa North Gas Development Project in Imo State.  The project is regarded as a  major momentum to the domestic gas...
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Buhari Facilitates With Oil And Gas Investor, Leemon Ikpea, At 62
December 19, 2018 No Responses

Buhari Facilitates With Oil And Gas Investor, Leemon Ikpea, At 62

President Muhammadu Buhari felicitates with a major investor in the oil and gas industry, Chief (Dr) Leemon Ikpea, as he turns 62 on December 19, 2018. The President appreciates the grace of God, which brought Chief Ikpea from humble beginnings...
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