Category: Energy

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...
read more
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...
read more
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...
read more
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...
read more
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...
read more
NNPC Boosts Gas Supply To Power Sector By 88.89%
May 14, 2018 No Responses

NNPC Boosts Gas Supply To Power Sector By 88.89%

The Nigerian National Petroleum Corporation (NNPC) increased the supply of gas to the power sector by 88.89 per cent between January 2017 and January 2018.  A press statement by the NNPC Spokesman, Mr Ndu Ughamadu, in Abuja on Sunday, said...
read more
Gas Leak Kills Two on Board COSCO Bulker
April 24, 2018 No Responses

Gas Leak Kills Two on Board COSCO Bulker

Two crewmen died and another one sustained injuries in an incident caused by a gas leak aboard Feng Hui Hai near India’s Navlakhi Port on April 22. The 63,300 dwt bulker, loaded with coal, was en route from Indonesia to...
read more
NNPC to Support Local Investors on Advancement of Technology
April 14, 2018 No Responses

NNPC to Support Local Investors on Advancement of Technology

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has said that the corporation was committed to supporting local investors towards growing the engineering profession, even as he noted that this would in turn...
read more
160 Firms Bid For NNPC Valuation, Land Acquisition Services Contract
April 8, 2018 No Responses

160 Firms Bid For NNPC Valuation, Land Acquisition Services Contract

Not less than 160 firms of professional estate surveyors and valuers participated in the bid to provide the Nigerian National Petroleum Corporation (NNPC) with valuation and land acquisition services.   This was disclosed by the Group General Manager (GGM), S...
read more
NNPC Signs $2.8B Contract For Ajaokuta – Kaduna – Kano Gas pipeline Project
April 7, 2018 No Responses

NNPC Signs $2.8B Contract For Ajaokuta – Kaduna – Kano Gas pipeline Project

The Nigerian National Petroleum Corporation (NNPC) has executed contracts for the engineering, procurement, construction, commissioning and financing for Lots 1&3 of the 40inch x 614km Ajaokuta – Kaduna – Kano gas pipeline and stations with a consorti...
read more
NPA Begins Talk With NLNG As More Shipping Firms Fault Restrictions Along Bonny Channel
March 26, 2018 2 Responses

NPA Begins Talk With NLNG As More Shipping Firms Fault Restrictions Along Bonny Channel

The management of Nigerian Ports Authority (NPA) has opened discussions with Nigeria Liquefied Natural Gas (NLNG) on the dualisation of Bonny Channel.   The development followed series of complaints from shipping firms alleging restrictions, delays due to mov...
read more
NNPC Boss Reiterates Commitment To Support Local Investors
March 24, 2018 No Responses

NNPC Boss Reiterates Commitment To Support Local Investors

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Dr. MaikantiBaru, has restated the corporation’s commitment to support indigenous companies operating in the oil and gas industry to grow to their fullest potential.   The GMD...
read more
Total Seals 40-Year Concession Agreements
March 21, 2018 No Responses

Total Seals 40-Year Concession Agreements

Total has signed 40-year concession agreements for three fields offshore Abu Dhabi with the Emirate’s Supreme Petroleum Council and ADNOC.  According to Offshore and other agency reports, the accords give Total a 20% interest in the new Umm Shaif and...
read more
‘Demand for LNG on the Rise’
March 20, 2018 No Responses

‘Demand for LNG on the Rise’

Demand for LNG as a marine fuel has risen significantly, especially in Nordics marine market, according to a Norwegian LNG supplier Skangas. The driving force behind the rise is the addition of new vessels to the LNG-powered fleet on the back of...
read more
1 … 72 73 74 75 76 … 88