Category: Energy

$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 defunct crude for...
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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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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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