Category: Energy

NSE lists Forte Oil’s N9B Bond
February 22, 2017 No Responses

NSE lists Forte Oil’s N9B Bond

The Nigerian Stock Exchange (NSE) has listed N9billion bond for Forte Oil as part of the planned N50 billion bond issuance programme for the leading energy company.  Under the arrangement, proceeds of the N9 Billion Series 1, five year bond...
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NNPC records reduction in Pipeline sabotage
February 17, 2017 No Responses

NNPC records reduction in Pipeline sabotage

The Nigerian National Petroleum Corporation (NNPC) has recorded a marked reduction in the cases of pipeline sabotage. This was disclosed in the Corporation’s monthly Financial and Operations Report for the month of December 2016 which has just been released....
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Intels highlights benefits of Onne Oil and Gas Free Zone
February 12, 2017 No Responses

Intels highlights benefits of Onne Oil and Gas Free Zone

The Chief Commercial Officer (CCO) of Intels Nigeria Limited, Mr. Patrick Bird says the Onne Oil and Gas Free Zone offers enormous advantages and incentives to foreign companies to invest in Nigeria.  Speaking on Wednesday in Onne on the sidelines...
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At Onne Free Zone, PCN celebrates completion of Egina pipe coating
January 27, 2017 No Responses

At Onne Free Zone, PCN celebrates completion of Egina pipe coating

Pipe Coaters Nigeria Limited (PCN) on Wednesday celebrated completion of the coating and cut back of the last pipe for the Egina UFR (umbilicals, flowlines and risers) project at the Onne Oil and Gas Free Zone, Rivers State.  According to...
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NLNG’s vessel discharges 13,000 tonnes of LPG at Lagos Jetty
January 17, 2017 No Responses

NLNG’s vessel discharges 13,000 tonnes of LPG at Lagos Jetty

The Nigeria Liquefied Natural Gas (NLNG) at the weekend successfully discharged 13,000 tonnes of LPG to Lagos Jetty as part of measures to curtail reported scarcity across the country.   A statement issued by NLNG’s General Manager (External Relations), Kud...
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NNPC Refineries resume production of Kerosene, Diesel
January 12, 2017 No Responses

NNPC Refineries resume production of Kerosene, Diesel

The Nigerian National Petroleum Corporation’s three refineries in Kaduna, Port Harcourt and Warri have resumed production of Automotive Gas Oil (AGO) and Dual Purpose Kerosene (DPK), otherwise known as diesel and kerosene respectively. NNPC in a statement is...
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NLNG refutes LPG price increase, blames jetty unavailability, market price distortions
January 12, 2017 No Responses

NLNG refutes LPG price increase, blames jetty unavailability, market price distortions

The Nigeria LNG on Wednesday disclosed that its dedicated LPG vessel has been unable to discharge LPG at the Apapa port since 29th December 2016 “due to jetty unavailability, resulting in temporary product shortages in the market”.  However, the company.....
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NUPENG shuts down Total Plc
January 6, 2017 No Responses

NUPENG shuts down Total Plc

Citing termination of employment, the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has ordered stoppage of loading activities at all Total Nigeria depots nationwide. In a statement on Thursday, the South-West Chairman of the union, Tokunbo Korod...
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Sahara Energy, 38 others get NNPC crude lifting contract
January 5, 2017 No Responses

Sahara Energy, 38 others get NNPC crude lifting contract

The Nigerian National Petroleum Corporation (NNPC) on Thursday named Sahara Energy, Oando, MRS and 36 others as successful bidders of its 2007/2018 crude oil term contract, effective January 1, 2017. According to NNPC,   the 39 successful bidders comprised 1...
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Again, Total Nigeria is recipient of Solar Grant
December 24, 2016 No Responses

Again, Total Nigeria is recipient of Solar Grant

In 2015, Total Nigeria Plc was the recipient of a solar grant awarded by the Solar Nigeria Programme, an initiative of the UK’s Department for International Development.   Total Nigeria has been able to deliver exceptionally on Awango by Total’s...
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New investors join Scatec Solar to develop 100 MW Nova Scotia Solar Project in Nigeria
December 20, 2016 No Responses

New investors join Scatec Solar to develop 100 MW Nova Scotia Solar Project in Nigeria

Scatec Solar   has signed a Joint Development Agreement (JDA) with Africa50, an African Infrastructure Fund sponsored by the African Development Bank and more than 20 African States and Norfund (the Norwegian Investment Fund for Development Countries), secu...
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NUPENG begins warning strike January 9
December 19, 2016 No Responses

NUPENG begins warning strike January 9

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) is to embark on three-day warning strike onJanuary 9, 2017 over alleged maltreatment of members. In an interview with the News Agency of Nigeria (NAN), the South-West chairman of the...
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Chevron cancels $1.9B FPSO order
December 15, 2016 No Responses

Chevron cancels $1.9B FPSO order

Chevron North Sea Limited has canceled its order for a Floating Production Storage Offloading (FPSO) unit at South Korea’s Hyundai Heavy Industries. The shipbuilding contract, signed in April 2013, was valued at KRW 2.157 trillion (around USD 1.85 billion)...
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NLNG completes $12m USP scheme, commissions UNIMAID engineering laboratory
December 14, 2016 No Responses

NLNG completes $12m USP scheme, commissions UNIMAID engineering laboratory

Nigeria LNG Limited (NLNG) has completed one of its flagship Corporate Social Responsibility (CSR) programmes, the University Support Programme (USP), with the commissioning of the sixth $2 million engineering laboratory at the University of Maiduguri (UNIMAID...
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