Category: Energy

Forte Oil to raise N50 Billion Capital
August 2, 2016 No Responses

Forte Oil to raise N50 Billion Capital

By Moses Ebosele –  The board and management of Forte Oil Plc has concluded plan to raise N50 billion debt capital before the end of this year, December 31, 2016. Presenting its “facts and figures” to Nigeria Stock Exchange (NSE)...
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NLNG partners Warsash on maritime training, safety
July 27, 2016 No Responses

NLNG partners Warsash on maritime training, safety

By Moses Ebosele –  As part of measures to support training and development of mariners globally, Nigeria Liquefied Natural Gas Limited (NLNG) has commissioned a manned model of its new Dual Fuel Diesel Electric (DFDE) vessels at Southampton Solent Univ...
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NNPC intensifies oil search in North-East
July 26, 2016 No Responses

NNPC intensifies oil search in North-East

By Moses Ebosele –     The Nigerian National Petroleum Corporation (NNPC) has intensified search for oil in the Chad Basin and other parts of the  North-East.   Receiving the Governor of Bauchi State, Mohammed Abubakar, who paid him a courtesy...
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‘How to curtail premature death through investment in Energy’
July 18, 2016 No Responses

‘How to curtail premature death through investment in Energy’

By Moses Ebosele  Sustained investment in Energy could curtail premature deaths associated with air pollution by half in 2040.    According to a report put together by International Energy Agency (IEA),each  year an estimated 6.5 million deaths are linked ...
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Board approves Tony Attah as NLNG MD
July 15, 2016 No Responses

Board approves Tony Attah as NLNG MD

THE Board of Directors of Nigeria Liquefied Natural Gas (NLNG) has approved the appointment of Tony Attah as Managing Director and Chief Executive Officer.    Attah succeeds Babs Omotowa, who after nearly five years at the helms of affairs of...
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Govt, oil workers may conclude negotiation today
July 12, 2016 No Responses

Govt, oil workers may conclude negotiation today

REPRESENTATIVES of the Federal Government and Oil Workers may conclude negotiation today. Meanwhile, the ongoing strike embarked upon by members of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) is yet to be called off. Briefing ...
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Shell, Keppel Offshore form LNG Bunkering JV
July 12, 2016 No Responses

Shell, Keppel Offshore form LNG Bunkering JV

KS Investments Pte Ltd, a wholly-owned subsidiary of Keppel Offshore & Marine Ltd, has entered into a shareholders agreement with Shell Eastern Petroleum, a part of Royal Dutch Shell, to form a joint venture company which will establish an LNG...
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Chinese investment in Africa’s power sector hits $13b
July 11, 2016 No Responses

Chinese investment in Africa’s power sector hits $13b

By Moses Ebosele THE Chinese Government and its state-owned companies have invested not less than $13billion in the development of power sector in sub-Saharan Africa between 2010 and 2015. According to a new report put together by the International Energy...
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Reps insist on compulsory listing of telecomms, oil & gas firms
July 8, 2016 No Responses

Reps insist on compulsory listing of telecomms, oil & gas firms

The Speaker, House of Representatives, Mr Yakubu Dogara  has reiterated the  commitment of lawmakers to pass laws to compel multinational oil and gas companies as well as telecommunication firms doing business in Nigeria to list their shares on the floor...
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Oil workers divided as strike begins
July 8, 2016 No Responses

Oil workers divided as strike begins

Members of Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) have commenced   nationwide strike to  push for the implementation of their demands. However, the South West Chairman of the Nigeria Union of Petroleum and Natural Gas Work...
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Qatargas unveils agreement with Global Energy Infrastructure
July 8, 2016 No Responses

Qatargas unveils agreement with Global Energy Infrastructure

Qatargas, the World’s Premier LNG Company, has announced a long-term Sale and Purchase Agreement (SPA) with Global Energy Infrastructure Limited (GEIL). Under the terms of the agreement, Qatargas will supply 1.3 million tonnes per annum of Liquefied Natural ...
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WFE partners varsity on training
July 7, 2016 No Responses

WFE partners varsity on training

The World Federation of Exchanges (WFE) has announced an education partnership with University of Cambridge Judge Business School Executive Education (“Cambridge Judge”).    As part of the agreement, WFE members will be able to access and apply for a ran...
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Nationwide strike looms over alleged $7b debt
July 7, 2016 No Responses

Nationwide strike looms over alleged $7b debt

BARRING any last minute adjustment, the Minister of Labour and Employment, Dr Chris Ngige and other senior government officials will today meet with representatives of Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) in Abuja. The meet...
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Offshore West Africa gets new date
July 6, 2016 No Responses

Offshore West Africa gets new date

PennWell Corporation, owners and producers of the annual Offshore West Africa Conference & Exhibition have announced a change in date for its 21st edition. According to a statement, the new 2017 date has been set for 6‐8 Jun...
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