Category: Energy

NNPC probes oil contracts
August 17, 2015 No Responses

NNPC probes oil contracts

THE Federal Government through  Nigerian National Petroleum Corporation (NNPC)  has commenced review of  all Production Sharing Contracts, Joint Venture Agreements and all other contracts between it and its various partners. Meanwhile, the NNPC is to meet today  with  key officials...
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Banks confisticates states’ bailout funds
July 30, 2015 No Responses

Banks confisticates states’ bailout funds

The Governor of Zamfara State, Abdualziz Yari, has said the $2.1 billion dividend paid into the Federation Account by the Nigeria Liquefied Natural Gas Company (NLNG), which the Federal Government used to bail out debtor- states, were seized by some banks...
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PENGASSAN seeks payment of cash call areas on JV funding
July 28, 2015 No Responses

PENGASSAN seeks payment of cash call areas on JV funding

THE Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has  called on the Federal Government to put machinery in place for the payment of cash call in the Nigerian National Petroleum Corporation (NNPC) Joint Venture (JV) operations with...
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NLNG train 7 targets 2018
July 27, 2015 No Responses

NLNG train 7 targets 2018

BARRING any last minutes change of plans, the Nigerian Liquefied Natural Gas (NLNG) train 7 may come on stream in 2018. The NLNG is jointly owned by the Nigeria National Petroleum Corporation (NNPC), 49 per cent, Shell (25.6 per cent),...
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PENGASSAN disagrees with El-Rufai’s clamour for disbanding of NNPC
July 22, 2015 No Responses

PENGASSAN disagrees with El-Rufai’s clamour for disbanding of NNPC

THE Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has faulted call by the Kaduna State Governor, Mallam Nasir El-Rufai, for the scrapping of the Nigerian National Petroleum Corporation (NNPC). Reacting to  the Governor’s comment ...
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NLNG train 7 targets 2018
July 22, 2015 No Responses

NLNG train 7 targets 2018

BARRING any last minutes change of plans, the Nigerian Liquefied Natural Gas (NLNG) train 7 may come on stream in 2018. The NLNG is jointly owned by the Nigeria National Petroleum Corporation (NNPC), 49 per cent, Shell (25.6 per cent),...
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