Category: Energy

‘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, Rivers State, on...
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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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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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