Nigeria To Bridge Petroleum Products Supply Gap

Nigeria To Bridge Petroleum Products Supply Gap

The Group Managing Director, Nigerian National Petroleum Corporation, Dr Maikanti Baru, says the corporation plans to bridge the gap of petroleum products supply in the country. Baru disclosed this while fielding questions from journalists after a facility tour of Lee...
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NNPC Boss Tasks Petroleum Engineers On Energy Security

NNPC Boss Tasks Petroleum Engineers On Energy Security

The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru, has challenged members of the Society of Petroleum Engineers (SPE) to come up with a blueprint for energy security and sustainability in Nigeria. Dr. Baru gave the.....
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NLNG Clarifies N14.6trillion Revenue To FG, Feud With NIMASA

NLNG Clarifies N14.6trillion Revenue To FG, Feud With NIMASA

By Moses Ebosele, ebosele@hotmail.com The Nigeria Liquefied Natural Gas (NLNG) Limited, on Wednesday, declared that ongoing legal tussle with Nigerian Maritime Administration and Safety Agency (NIMASA) has amplified “the dreaded question of sanctity of agree...
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Hyundai LNG Shipping Orders First Very Large Gas Carrier

Hyundai LNG Shipping Orders First Very Large Gas Carrier

South Korean shipowner Hyundai LNG Shipping (HLS) has placed an order for the construction of one very large gas carrier (VLGC) at compatriot shipyard Hyundai Heavy Industries (HHI).The duo signed an agreement on April 16, 2019, which includes one optional...
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NNPC Pledges Adequate Supply Of Petroleum Products During Easter

NNPC Pledges Adequate Supply Of Petroleum Products During Easter

The Nigerian National Petroleum Corporation (NNPC) has assured the public of adequate supply of petroleum products during the Easter celebration. The Group Managing Director of the corporation, Maikanti Baru, gave the assurance on Thursday in Enugu at the ongo...
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Shell Nigeria Leads IOCs In Local Content

Shell Nigeria Leads IOCs In Local Content

The Nigerian Content Development and Monitoring Board (NCDMB) on Sunday recognized Shell as the most impactful International Oil Corporation (IOC) on Local Content Initiatives in the Nigerian Oil and Gas industry. The News Agency of Nigeria (NAN) reports that ...
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Firm Stakes $811.7m For Petroleum Terminals

Firm Stakes $811.7m For Petroleum Terminals

Dutch tank storage company Royal Vopak has reached an agreement with First State Investments on the sale of its petroleum terminals in Algeciras, Amsterdam and Hamburg. The transaction, worth EUR 723 million (USD 811.7 million), is subject to certain condition...
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Firm Gets Four New LNG Carriers

Firm Gets Four New LNG Carriers

Qatar-based Nakilat has established a new joint venture with shipping company Maran Ventures, expanding its fleet to 74 vessels. Under the deal, Nakilat would hold a 60% stake in the JV, while Maran Ventures will have the remaining 40%. With...
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NLNG, NCDMB sign Nigerian Content Plan for Train 7

NLNG, NCDMB sign Nigerian Content Plan for Train 7

Nigeria LNG Limited (NLNG) and Nigerian Content Development Monitoring Board (NCDMB) on Friday signed off the approved plan for Nigeria Content (NC) for NLNG’s Train 7 project which will ensure the delivery of value and benefits to the Nigerian economy....
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Lee Engineering Seals Fabrication Deal With VDL KTI Of Belgium

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

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

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

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

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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