Energy – Page 16 – City Business News

October 9, 2024 No Responses

Seplat CEO: Africa’s Abundant Gas Reserves Offer Immediate Solutions To Prevailing Problems

Africa has abundant gas reserves, and these rich reserves offer immediate solutions to the continent’s immediate and prevailing challenges if well leveraged.The Chief Executive Officer, Seplat energy Plc, Mr. Roger Brown, said this during the ongoing Africa Oil Week (AOW)...

October 8, 2024 No Responses

NLNG Sponsors New Prize On Energy Reporting, Lauds Media

Nigeria LNG Limited, over the weekend, celebrated the media for its contribution to the development of The Nigeria Prize for Literature and The Nigeria Prize for Science in the last 20 years, recognising media stakeholders for their dedication and commitment.....

October 6, 2024 No Responses

Coscharis Technologies Announces $4b Green Power Project

Coscharis Technologies Limited has secured a $4 billion power project to boost Nigeria’s energy landscape.According to Coscharis Group, the initiative will harness renewable energy sources to significantly reduce the country’s reliance on fossil fu...

October 5, 2024 No Responses

CNG: FG Signs Partnership Agreement With Accredited Technicians In Ekiti

The Director General, National Automotive Design and Development Council (NADDC), Mr. Oluwemimo J. Osanipin, on Friday, 4th October 2024, joined the Chief Executive Officer of the Presidential CNG Initiative (pi-CNG), Mr. Michael Oluwagbemi, Ekiti State Govern...

October 3, 2024 No Responses

Hyundai Nigeria Unveils Locally Assembled CNG Vehicles With Auto Finance Options

President Bola Ahmed Tinubu’s CNG Initiative (Pi-CNG) has recorded a boost as Hyundai Nigeria rolled out CNG vehicles for various categories of automobile users across the country.Assembled in Nigeria, the models include Hyundai Grand i10, Hyundai Accent...

October 3, 2024 No Responses

NPA Raises One Stop-Shop For Sale Of Crude In Naira To Dangote Refinery

The Managing Director, Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, on Thursday, disclosed that the implementation of the Federal Government directive on sale of crude oil and Petroleum products to Dangote Refinery in Naira has commenced.Speaking whe...

September 30, 2024 No Responses

FG Hands Over 64 CNG Buses To Labour, NANS

The Federal Government has handed over 64 100-capacity Compressed Natural Gas (CNG) buses to the Organised Labour and the National Association of Nigerian Students (NANS). The Coordinating Minister of the Economy and Minister of Finance, Wale Edun, led the gov...

September 29, 2024 No Responses

LNG: TotalEnergies, Largest U.S. Exporter, Expand Production

With over 10 million tons (Mt) exported in 2023, TotalEnergies is the largest exporter of U.S. LNG, thanks to its 16.6% stake in the Cameron LNG plant in Louisiana and several long-term purchasing agreements. Meanwhile, TotalEnergies has signed an agreem...

September 20, 2024 No Responses

NNPC To Revive Brass, Olokola LNG Projects

As part of measures to maximise the nation’s abundant gas resources for economic development and prosperity, Nigeria National Petroleum Corporation Ltd (NNPCL) has commenced discussions with investors towards bringing back two Liquefied Natural Gas (LNG) pro...

September 17, 2024 No Responses

NNPCL/TotalEnergies’ $550m Ubeta Upstream Gas Project Takes Off

The $550 million upstream gas project between the NNPC Ltd and TotalEnergies on the development of the Ubeta field has taken off, the Presidency announced on Tuesday.Special Adviser to the President on Energy, Olu Verheijen, disclosed this during an inaugural....

September 16, 2024 No Responses

CNG: NADDC Harps On Specialized Training For Auto Technicians

Specialized Compressed Natural Gas (CNG) training is aimed at ensuring capacity building and skills upgrade for technicians and youths to enable them cope in the ever dynamic automotive industry.This was declared by the Director General, National Automotive De...

September 15, 2024 No Responses

Dangote Refinery Faults NNPCL On N898 Per Litre Price

Our attention has been drawn to a statement attributed to NNPCL spokesperson, Mr. Olufemi Soneye, that we sell our PMS at N898 per litre to the NNPCL.This statement is both misleading and mischievous, deliberately aimed at undermining the milestone achievement...

September 10, 2024 No Responses

Ogun To Unveil 100 CNG Buses

The Ogun State Governor, Dapo Abiodun, has announced plans to unvei 100 brand new 18-seater Compressed Natural Gas (CNG) buses.The Governor, who disclosed this in his office at Oke-Mosan, Abeokuta on Monday, explained that the Federal Government would make ava...

September 9, 2024 No Responses

NNPCL/Chevron JV Concludes Conversion Of Assets Into PIA Terms

. In line with the Petroleum Industry Act (PIA) 2021 provisions of transiting assets from the Petroleum Profit Tax (PPT) into PIA terms, the NNPC Ltd and its Joint Venture (JV) partner, Chevron Nigeria Ltd (CNL), have concluded the conversion...