Energy – Page 99 – City Business News

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 issued by Group...

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.....

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...

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...

December 24, 2016 No Responses

Again, Total Nigeria is recipient of Solar Grant

In 2015, Total Nigeria Plc was the recipient of a solar grant awarded by the Solar Nigeria Programme, an initiative of the UK’s Department for International Development. Total Nigeria has been able to deliver exceptionally on Awango by Total’s...

December 20, 2016 No Responses

New investors join Scatec Solar to develop 100 MW Nova Scotia Solar Project in Nigeria

Scatec Solar has signed a Joint Development Agreement (JDA) with Africa50, an African Infrastructure Fund sponsored by the African Development Bank and more than 20 African States and Norfund (the Norwegian Investment Fund for Development Countries), secu...

December 19, 2016 No Responses

NUPENG begins warning strike January 9

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) is to embark on three-day warning strike onJanuary 9, 2017 over alleged maltreatment of members. In an interview with the News Agency of Nigeria (NAN), the South-West chairman of the...

December 15, 2016 No Responses

Chevron cancels $1.9B FPSO order

Chevron North Sea Limited has canceled its order for a Floating Production Storage Offloading (FPSO) unit at South Korea’s Hyundai Heavy Industries. The shipbuilding contract, signed in April 2013, was valued at KRW 2.157 trillion (around USD 1.85 billion)...

December 14, 2016 No Responses

NLNG completes $12m USP scheme, commissions UNIMAID engineering laboratory

Nigeria LNG Limited (NLNG) has completed one of its flagship Corporate Social Responsibility (CSR) programmes, the University Support Programme (USP), with the commissioning of the sixth $2 million engineering laboratory at the University of Maiduguri (UNIMAID...

December 13, 2016 No Responses

FG to construct 400 dams before 2019

The Federal Government is to construct additional 400 dams to boost irrigation across the country before 2019. Speaking in Abuja at the 32nd Annual Meeting of the Food Crisis Prevention Network, President Muhammadu Buhari explained that due to the growing...

December 12, 2016 No Responses

Nigeria Energy Sector Fund declares N51 coupon payment

The Nigeria Energy Sector Fund (NESF), a closed-end investment vehicle quoted on the Nigerian Stock Exchange (NSE) has declared a coupon payment of N51 per note to unitholders for the financial year ended March 31st 2016. The coupon translates to...

December 6, 2016 No Responses

NLNG commissions $2m laboratory at UNN

Nigeria LNG Limited (NLNG), recently, at the University of Nigeria, Nsukka (UNN) commissioned a $2 million NLNG/UNN Engineering Laboratory donated to the institution as part of the company’s $12 million University Support Programme (USP). NLNG’s USP was la...

December 6, 2016 No Responses

Nigeria, Ghana, Togo, others ban ‘dirty fuels’ from Europe

(BBC) Five countries in West Africa have decided to stop importing “dirty fuels” from Europe, the UN Environment Programme says. A recent report revealed that European companies were exploiting weak regulations in West Africa to export fuels with h...

December 2, 2016 No Responses

NLNG presents $100,000 cash prize to Ibrahim, 2016 Literature Prize winner

Nigeria LNG (NLNG) Limited on Tuesday formally presented the Nigeria Prize for Literature and accompanying cash prize of $100,000 to the 2016 winner, Abubakar Adam Ibrahim, at a Public Presentation ceremony in Abuja. Ibrahim’s entry, Season of Crimson Blosso...

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Category: Energy