Category: Energy

NCDMB at INTELS, lauds facility at Onne
April 11, 2017 No Responses

NCDMB at INTELS, lauds facility at Onne

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote, has commended INTELS Nigeria Limited for developing the Onne Free Zone into what he called “a world class facility”. Speaking shortly after touring the expansive Onne Free...
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Niger Delta States indicate interest in community-based modular refineries
April 7, 2017 No Responses

Niger Delta States indicate interest in community-based modular refineries

As implementation efforts on President Muhammadu Buhari’s new vision for oil-producing communities in the Niger Delta region progress, states in the region are beginning to indicate interest in working with the Federal Government and the Private Sector to de...
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Recover $22b, N316b from NNPC, NEITI tells FG
April 5, 2017 No Responses

Recover $22b, N316b from NNPC, NEITI tells FG

The Nigeria Extractive Industries Transparency Initiative (NEITI) has urged the Federal Government to recover $22b, N316b from the Nigerian National Petroleum Corporation (NNPC). Presenting it report to Journalists on Tuesday in Abuja, Executive Secretary of N...
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Shell to fuel world’s 1st LNG-Powered Aframax Tankers
April 4, 2017 No Responses

Shell to fuel world’s 1st LNG-Powered Aframax Tankers

Russia’s SCF Group (Sovcomflot) has signed an agreement with Shell Western LNG B.V. (Shell) for the supply of liquefied natural gas (LNG) to fuel the first Aframax crude oil tankers in the world to be powered by LNG. Under the...
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$184m crude swap under-deliveries: Taleveras makes $17m commitment
March 27, 2017 No Responses

$184m crude swap under-deliveries: Taleveras makes $17m commitment

The Nigerian National Petroleum Corporation (NNPC) has pledged to provide members of the public with up-to-date information on the ongoing effort by the Corporation to sanitize the record books through reconciliation of the transactions executed during the def...
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‘Illegal refineries’ in Niger Delta to get crude supply from FG
March 27, 2017 No Responses

‘Illegal refineries’ in Niger Delta to get crude supply from FG

Details of the President Muhammadu Buhari’s New Vision for oil-producing communities in the Niger Delta is emerging as an idea is now being worked out to explore how some of the illegal refiners and the local communities in the region...
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NNPC lauds Taleveras, to recover $184m crude SWAP under-deliveries from firms
March 25, 2017 No Responses

NNPC lauds Taleveras, to recover $184m crude SWAP under-deliveries from firms

Citing its cooperative attitude in the ongoing reconciliation of transactions in the defunct crude for products arrangement, the Nigerian National Petroleum Corporation (NNPC) has commended Taleveras, one of Nigeria’s oil companies. Group Managing Director (...
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NLNG revamps shipping operations, explains strategic deployment of skills, technology
March 17, 2017 No Responses

NLNG revamps shipping operations, explains strategic deployment of skills, technology

The shipping aspect of Nigeria LNG Limited (NLNG) is being positioned for emerging market opportunities through a revamped chartering structure designed to optimize available shipping capacity, General Manager in charge of Shipping, Captain Temilola Okesanjo h...
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Don’t amend NLNG Act, NNPC boss tells National Assembly
March 14, 2017 No Responses

Don’t amend NLNG Act, NNPC boss tells National Assembly

Recent move by the National Assembly to amend the NLNG Act had dampened the optimism of investors, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru has said. The NNPC boss also urged the National Assembly...
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‘NLNG, Nigerian success story in management, technical competence’
March 9, 2017 No Responses

‘NLNG, Nigerian success story in management, technical competence’

The Minister of Information and Culture, Alhaji Lai Mohammed, has described the Nigeria Liquefied Natural Gas (NLNG) Limited as a shinning example of the Nigerian success story in management and technical competence. The Minister stated this on Bonny Island,...
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Sustain reforms at NNPC, expert tells Baru
March 8, 2017 No Responses

Sustain reforms at NNPC, expert tells Baru

The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, has been enjoyed to sustain ongoing reforms despite stiff opposition in some quarters. Since his assumption of office, Baru has undertaken far reaching measures de...
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Firm unveils $500M Oil exploration campaign
March 7, 2017 No Responses

Firm unveils $500M Oil exploration campaign

Oranto Petroleum is to invest $500 million to develop South Sudan’s Block B3, indicating a comprehensive exploration campaign. The Ministry of Petroleum and Oranto Petroleum Company, South Sudan signed the exploration and production sharing agreement for the...
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‘Economic dangers of an amended NLNG Act’
March 2, 2017 No Responses

‘Economic dangers of an amended NLNG Act’

Hopes for economic and industrial growth will be dashed if inhibitors such as the removal of legislative frameworks like the Nigeria LNG Limited (NLNG) Fiscal Incentives, Guarantees and Assurances Act, are permitted in the Nigerian gas industry, the Managing D...
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NLNG records explosion along gas transmission pipelines
February 23, 2017 No Responses

NLNG records explosion along gas transmission pipelines

The Nigeria Liquefied Natural Gas (NLNG) on Wednesday recorded an explosion on a section of its right of way housing two gas transmission pipelines.  A statement issued by NLNG General Manager (External Relations), Kudo Eresia-Eke, explained that one of the.....
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