Tag: Energy

Shell To Cut Hundreds Of Jobs
August 31, 2024 No Responses

Shell To Cut Hundreds Of Jobs

British energy giant Shell plans to cut hundreds of jobs from its oil and gas exploration division as part of a cost-cutting program announced last year, a person familiar with the matter said Friday. The cuts will affect two units...
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At IIaje Community, NNPC Unveils Vision First Programme
August 28, 2024 No Responses

At IIaje Community, NNPC Unveils Vision First Programme

The NNPC Ltd has flagged off the third edition of the Vision First Programme, as part of comprehensive community-focused healthcare outreach targeted at the Ilaje community and its environs in Bariga, Lagos State.A statement issued byOlufemi O. Soneye,Chief Co...
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NCDMB Retains Top Ranking As PEBEC Evaluates Efficiency, Transparency Of MDAs
August 28, 2024 No Responses

NCDMB Retains Top Ranking As PEBEC Evaluates Efficiency, Transparency Of MDAs

The Nigerian Content Development and Monitoring Board (NCDMB) has retained its top ranking in business efficiency and transparency among ministries, departments and agencies (MDAs), as captured in the latest evaluative assessment by the Presidential Enabling B...
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LNG: NNPC Expands Global Market Footprint To Japan, China
August 26, 2024 No Responses

LNG: NNPC Expands Global Market Footprint To Japan, China

In line with its strategic vision to be a dynamic and reliable global energy supplier of choice, the Nigerian National Petroleum Company Limited (NNPC Ltd) has commenced shipment of Liquefied Natural Gas (LNG) cargoes to Japan and China on Delivered...
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At Windhoek Conference, NCDMB Lists Gains Of NOGICD Act
August 22, 2024 No Responses

At Windhoek Conference, NCDMB Lists Gains Of NOGICD Act

The Nigerian Oil and Gas Industry Content Development (NOGICD) Act, 2010 and its astonishing success in resetting oil and gas industry spending and in-country capacity development was the fulcrum of a presentation by the Executive Secretary of the Nigerian Con...
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NNPC Declares N3.3tri Net Profit, N2.1tri Dividend
August 19, 2024 No Responses

NNPC Declares N3.3tri Net Profit, N2.1tri Dividend

The NNPC Limited has released its 2023 Audited Financial Statement (AFS), declaring a net profit of N3.297 trillion at the close of the financial year which ended in December 2023, an increase of over N700billion (28%) when compared to the...
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TotalEnergies Exits Offshore Blocks 11B/12B, 5/6/7
July 30, 2024 No Responses

TotalEnergies Exits Offshore Blocks 11B/12B, 5/6/7

TotalEnergies has announced its withdrawal from Block 11B/12B, off the Southern coast of South Africa, in which its affiliate TotalEnergies EP South Africa holds a 45% interest. TotalEnergies entered into Block 11B/12B in 2013 and made two gas discoveries, Bru...
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NLNG’s Chartered Vessel, AKTORAS, Arrives Bonny Terminal
July 29, 2024 No Responses

NLNG’s Chartered Vessel, AKTORAS, Arrives Bonny Terminal

A new state-of-the-art and energy-efficient vessel, AKTORAS, chartered by Nigeria LNG Limited (NLNG), has arrived at the Company’s Bonny Terminal for its maiden loading of LNG.  The charter of the vessel by NLNG’s shipping subsidiary, Bonny Gas Transp...
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Seplat Energy Canvasses Prudent Management Of Oil, Gas Assets
July 22, 2024 No Responses

Seplat Energy Canvasses Prudent Management Of Oil, Gas Assets

Seplat Energy Plc has  called for prudent management of oil and gas assets in Nigeria in the country’s quest to drive growth in the energy sector and encourage expansion. The Chief Executive Officer, Seplat Energy, Mr. Roger Brown, gave t...
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Seplat Energy Concludes Media Training For  Editors, Correspondents
July 22, 2024 No Responses

Seplat Energy Concludes Media Training For  Editors, Correspondents

Seplat Energy Plc has concluded the second phase of its media training programme for journalists and media practitioners in Nigeria.   The second phase of the programme covers forty-five (45) Capital Market Editors/Correspondents as well as some Judi...
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Tinubu Receives ENI Delegation
July 20, 2024 No Responses

Tinubu Receives ENI Delegation

President Bola Tinubu on Friday in Abuja received a delegation from international energy company, ENI. Tinubu commended the company for its proposed new investment in Nigeria, reiterating his vision of making the nation more globally competitive and an investm...
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NNPC Stake In Dangote Refinery Now 7.2 Per Cent
July 15, 2024 No Responses

NNPC Stake In Dangote Refinery Now 7.2 Per Cent

The Nigerian National Petroleum Company (NNPC) Limited now owns a 7.2% stake in the Dangote Petroleum Refinery, and not a 20% stake as initially announced before the inauguration of the facility at the Lekki Free Trade Zone, President of Dangote...
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CNG: FG Offers Free Conversion For Commercial Vehicles
July 12, 2024 No Responses

CNG: FG Offers Free Conversion For Commercial Vehicles

The conversion of petrol and diesel-powered commercial vehicles to run on Compressed Natural Gas (CNG) is going to be free of charge for commercial vehicles, the Federal Government, declared on Thursday in Abuja. It declared this in Abuja after signing...
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Dangote Refinery Accuses IOCs, NMDPRA Of Sabotage
June 23, 2024 No Responses

Dangote Refinery Accuses IOCs, NMDPRA Of Sabotage

Vice President, Oil and Gas at Dangote Industries Limited (DIL), Devakumar Edwin, has accused International Oil Companies (IOCs) in Nigeria of doing everything to frustrate the survival of Dangote Oil Refinery and Petrochemicals.A statement issued on Sunday qu...
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