Category: Energy

NNPC Comes Under Scrutiny Over Alleged N100b Under-Remittance
July 11, 2018 No Responses

NNPC Comes Under Scrutiny Over Alleged N100b Under-Remittance

Citing alleged under-remittance of funds, the House of Representatives has commenced an investigation into the earnings of the Nigerian National Petroleum Corporation (NNPC) since the begining of this year.   According to the lawmakers, the investigation will  ascertain the country’s earnings...
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NNPC Kick- Starts Seven Critical Gas Projects
July 10, 2018 No Responses

NNPC Kick- Starts Seven Critical Gas Projects

A major stride in the attainment of national energy sufficiency was achieved in Lagos on Monday with the commencement of technical framing workshop and subsequent project signing ceremony of the seven Critical Gas Development Projects (7CGDP) to deliver about ...
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“NNPC Pays $1b Out Of $5b Cash Call”
July 6, 2018 No Responses

“NNPC Pays $1b Out Of $5b Cash Call”

The Nigerian National Petroleum Corporation (NNPC) has paid $1billion out of its $5billion cash call. The Group Managing Director, Dr. Maikanti Baru stated this in Abuja while addressing the corporation’s workers via a mail broadcast to commemorate his two-y...
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“NNPC Must Remit N20b To Federation Account”
July 1, 2018 No Responses

“NNPC Must Remit N20b To Federation Account”

As the controversy over alleged non-remittance of N20billion to the federation account by Nigerian National Petroleum Corporation (NNPC) continues, states on Saturday insisted the money must be remitted without further delays   Chairman of the Finance Commiss...
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Nigeria Targets 10% Global LNG Market
June 28, 2018 No Responses

Nigeria Targets 10% Global LNG Market

Nigeria has unveiled agenda to attain 10 per cent of the world’s market share in traded Liquefied Natural Gas (LNG) as part of measures to derive maximum value from its abundant natural gas resources.   Group Managing Director of the Nigerian...
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NLNG To Receive 23,000 Cubic Metres New LPG Vessel In 2020
June 25, 2018 No Responses

NLNG To Receive 23,000 Cubic Metres New LPG Vessel In 2020

Moses Ebosele, ebosele@hotmail.com –    Nigeria LNG Limited (NLNG) has concluded plans to receive  23,000 cubic metres new vessel in 2020 as part of measures to reinforce the Domestic Liquefied Petroleum Gas (LPG) market, boost volume and availability...
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NLNG Hands Over 85 Entries To Advisory Board
June 12, 2018 No Responses

NLNG Hands Over 85 Entries To Advisory Board

For the first time in the history of The Nigeria Prize for Science, sponsored by Nigeria LNG Limited (NLNG), the 2018 edition of the prize has received a record-breaking eighty-five (85) entries, from innovators and scientists in the electric power...
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Seplat Gas Business Lifts Total Revenue By $124 million
June 7, 2018 No Responses

Seplat Gas Business Lifts Total Revenue By $124 million

Seplat Petroleum Development Company Plc has pledged to sustain expansion of its Gas as part of measure to impact positively on its Group Revenue.   Speaking during an interactive session with Journalists after the 2017 Annual General Meeting on Wednesday...
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NLNG Pledges To Deliver Over 300 Cargoes Worldwide
June 2, 2018 No Responses

NLNG Pledges To Deliver Over 300 Cargoes Worldwide

Nigeria LNG Limited is taking major steps at sustaining its reputation as a safe, reliable and secure supplier of Liquefied Natural Gas (LNG) and Natural Gas Liquids (Condensate and LPG) worldwide.  Managing Director and Chief Executive Officer of the Company...
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NNPC To Approach NPA Board Over Accumulated 20 Years Debts
May 24, 2018 No Responses

NNPC To Approach NPA Board Over Accumulated 20 Years Debts

The Management of Nigerian National Petroleum Corporation (NNPC) may approach the Board of Nigerian Ports Authority (NPA)to seek soft landing on the payment of over 20 years legacy debts.     Meanwhile, all debts owed the Nigerian Ports Authority (NPA) by.....
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Total Pulls Out Of $1Billion Gas Deal
May 17, 2018 No Responses

Total Pulls Out Of $1Billion Gas Deal

French energy giant Total is preparing to pull out of a billion dollar gas project in Iran in the face of renewed US sanctions. Total said it will unwind operations by November unless sanctions are waived. Washington is re-imposing strict...
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National Assembly Increases Oil Price Benchmark To $51
May 17, 2018 No Responses

National Assembly Increases Oil Price Benchmark To $51

The National Assembly on Wednesday passed the Appropriation Bill into law.The estimated expenditure proposed by the President Muhammadu Buhari six months ago was also raised to N9,120,334,988,225, an increase of N508 billion. Senate Appropriation Committee Cha...
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Shell Nigeria Increases Domestic Gas Distribution Capacity By 150%
May 17, 2018 No Responses

Shell Nigeria Increases Domestic Gas Distribution Capacity By 150%

Shell Nigeria Gas (SNG) Limited has increased its domestic gas distribution capacity by 150% over the last six months. The increase in capacity will enable the company to distribute more than 100 million standard cubic feet of gas per day...
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Kyari Appointed Nigeria’s OPEC Representative
May 14, 2018 No Responses

Kyari Appointed Nigeria’s OPEC Representative

The Nigerian National Petroleum Corporation (NNPC) says its Group General Manager, Crude Oil Marketing Division, Mallam Mele Kyari has been appointed Nigeria’s National Representative to the Organisation of Petroleum Exporting Countries (OPEC).  The NNPC sa...
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