Category: Energy

Shell Opens New LNG Terminal
May 8, 2019 No Responses

Shell Opens New LNG Terminal

Shell in partnership with Gasnor has opened  a new Liquefied Natural Gas (LNG) regasification terminal at Gibraltar. The terminal, which will be operated by Shell’s Gasnor subsidiary will allow the British Overseas Territory to switch from diesel-fueled power generation to...
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NNPC Remits N153.01b Into Federation Account In January
May 6, 2019 No Responses

NNPC Remits N153.01b Into Federation Account In January

The Nigerian National Petroleum Corporation (NNPC) says it transferred N153.01 billion into the federation account in January. The corporation disclosed this in its Financial and Operations Report for the January released in Abuja on Sunday. “Within the peri...
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NNPC Boss Inaugurates AGPC Reconstituted Board, Targets 300mscf Of Gas Per Day
May 3, 2019 No Responses

NNPC Boss Inaugurates AGPC Reconstituted Board, Targets 300mscf Of Gas Per Day

Seplat Petroleum Development Company Plc, a leading Nigerian indigenous oil and gas company listed on both the Nigeria Stock Exchange (NSE) and London Stock Exchange (LSE), has announced the inauguration of the reconstituted Board of Directors of ANOH Gas Proc...
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132 Companies Bid For NNPC’s Crude Sales Contract
May 3, 2019 No Responses

132 Companies Bid For NNPC’s Crude Sales Contract

The Nigerian National Petroleum Corporation (NNPC) on Thursday opened 2019 Direct Sale of Crude Oil and Direct Purchase (DSDP) to its local and international business partners, and potential off-takers and suppliers with 132 organisations indicating interest. ...
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DPR Decries Artificial Scarcity Of Fuel
May 2, 2019 No Responses

DPR Decries Artificial Scarcity Of Fuel

Department of Petroleum Resources in Akwa Ibom has decried artificial scarcity of fuel caused by the Petroleum Tanker Driver’s in the state. Operations Controller of DPR in Akwa Ibom, Tamunoiminabo Kingsley-Sundaye, made this known to the News Agency of Nige...
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Baru Lauds Ikpea, Lee Engineering Boss
April 29, 2019 No Responses

Baru Lauds Ikpea, Lee Engineering Boss

The Nigerian National Petroleum Corporation (NNPC) has pledged to sustain and enhance existing support for indigenous oil and gas companies in line with the spirit and letters of the Nigerian Content legislation which ultimately seeks to enthrone efficient and...
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Nigeria To Bridge Petroleum Products Supply Gap
April 28, 2019 No Responses

Nigeria To Bridge Petroleum Products Supply Gap

The Group Managing Director, Nigerian National Petroleum Corporation, Dr Maikanti Baru, says the corporation plans to bridge the gap of petroleum products supply in the country. Baru disclosed this while fielding questions from journalists after a facility tou...
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NNPC Boss Tasks Petroleum Engineers On Energy Security
April 26, 2019 No Responses

NNPC Boss Tasks Petroleum Engineers On Energy Security

The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru, has challenged members of the Society of Petroleum Engineers (SPE) to come up with a blueprint for energy security and sustainability in Nigeria. Dr. Baru gave the.....
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NLNG Clarifies N14.6trillion Revenue To FG, Feud With NIMASA
April 25, 2019 No Responses

NLNG Clarifies N14.6trillion Revenue To FG, Feud With NIMASA

By Moses Ebosele, ebosele@hotmail.com The Nigeria Liquefied Natural Gas (NLNG) Limited, on Wednesday, declared that ongoing legal tussle with Nigerian Maritime Administration and Safety Agency (NIMASA) has amplified “the dreaded question of sanctity of agree...
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Hyundai LNG Shipping Orders First Very Large Gas Carrier
April 21, 2019 No Responses

Hyundai LNG Shipping Orders First Very Large Gas Carrier

South Korean shipowner Hyundai LNG Shipping (HLS) has placed an order for the construction of one very large gas carrier (VLGC) at compatriot shipyard Hyundai Heavy Industries (HHI).The duo signed an agreement on April 16, 2019, which includes one optional...
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NNPC Pledges Adequate Supply Of Petroleum Products During Easter
April 12, 2019 No Responses

NNPC Pledges Adequate Supply Of Petroleum Products During Easter

The Nigerian National Petroleum Corporation (NNPC) has assured the public of adequate supply of petroleum products during the Easter celebration. The Group Managing Director of the corporation, Maikanti Baru, gave the assurance on Thursday in Enugu at the ongo...
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Shell Nigeria Leads IOCs In Local Content
April 8, 2019 No Responses

Shell Nigeria Leads IOCs In Local Content

The Nigerian Content Development and Monitoring Board (NCDMB) on Sunday recognized Shell as the most impactful International Oil Corporation (IOC) on Local Content Initiatives in the Nigerian Oil and Gas industry. The News Agency of Nigeria (NAN) reports that ...
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Firm Stakes $811.7m For Petroleum Terminals
April 7, 2019 No Responses

Firm Stakes $811.7m For Petroleum Terminals

Dutch tank storage company Royal Vopak has reached an agreement with First State Investments on the sale of its petroleum terminals in Algeciras, Amsterdam and Hamburg. The transaction, worth EUR 723 million (USD 811.7 million), is subject to certain condition...
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Firm Gets Four New LNG Carriers
March 28, 2019 No Responses

Firm Gets Four New LNG Carriers

Qatar-based Nakilat has established a new joint venture with shipping company Maran Ventures, expanding its fleet to 74 vessels. Under the deal, Nakilat would hold a 60% stake in the JV, while Maran Ventures will have the remaining 40%. With...
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