Energy Archives — Page 31 of 58

January 29, 2020 No Responses

Exxon Mobil Secures $332m Mediterranean deal

Egypt has signed two deals with Exxon Mobil Corporation for oil and gas exploration in the Mediterranean, the petroleum ministry has said.The deals involve a minimum investment of $332 million, the ministry said in a statement. Exxon Mobil announced the...

January 23, 2020 No Responses

NLNG Signs Sales Deal With Total Gas & Power

Nigeria LNG Limited (NLNG) and Total Gas & Power (TGP)have signed a LNG Sale and Purchase Agreement (SPA) for some of the remarketed volumes from NLNG’s Trains 1, 2 and 3. The agreement is for the supply of 1.5mtpa for...

January 19, 2020 No Responses

NNPC Boss Lauds Lee Engineering Over Construction Of 150 Million Metric Storage

The Group Managing Director, Nigeria National Petroleum Corporation (NNPC) Mr. Mele Kyari has commended Lee Engineering and Construction Company for the execution of the Atlas Cove Depot Optimization Project for the NNPC. The Atlas Cove Depot Optimizatio...

January 15, 2020 No Responses

EEDC Stops Collection Of Cash Above N3000

The Enugu Electricity Distribution Company (EEDC) is to stop receiving cash payments above N3,000 from electricity consumers as from February1, 2020.In a statement issued on Wednesday by Head of Communications, EEDC, Mr Emeka Ezeh, explained that customers mak...

January 4, 2020 No Responses

Oil Prices Jump After Iranian General Killed By US

Oil prices have risen sharply after the killing of a top Iranian general in Iraq. Analysts warned the action could escalate tensions in the region and affect global oil production. The price of Brent crude jumped by more than 3%...

December 28, 2019 No Responses

Train 7: NLNG Takes Final Investment Decision

Nigeria LNG Limited (NLNG) on Friday in Abuja took the Final Investment Decision (FID) for its Train 7 Project, which will increase its production by 35% and its competitiveness in the global LNG market. A statement issued by General Manager,...

December 19, 2019 No Responses

Mandilas, NNPC Unveil Quick-Service Centre In Abuja

As the count-down begins to next year’s Mandilas’ 70th anniversary of doing business and providing services in Nigeria, the Group has reiterated its commitment to the economy and its teeming customers in all parts of the country. The management has...

December 9, 2019 No Responses

Shell, Firm Seal $245m Charter Deal

Petroleum and chemical tanker owner, AET Tanker Holdings has secured $245million time charter contracts with Brazil Shipping I Limited, a subsidiary of Royal Dutch Shell. Under the terms of the deal, AET said it would own and operate the related newbuilding.....

December 4, 2019 No Responses

NLNG Photo News

(L-R) GMD, Aiteo Eastern Exploration & Production Co. Ltd., Victor Okoronkwo; Executive Secretary, NCDMB, Engr. Simbi Wabote; Minister of State for Petroleum Resources, Chief Timipre Sylva; NLNG MD, Tony Attah; Emmanuel Uleh, Head, NC Compliance Assuranc...

November 28, 2019 No Responses

NNPC, Firm Seal Abuja-Kaduna-Kano Pipeline Project Deal

The Nigerian National Petroleum Corporation (NNPC), China Petroleum Pipeline Engineering Company Limited (CPPECL) and Brantex Consortium, have concluded plans for the commencement of work on the Abuja-Kaduna-Kano Pipeline (AKK) project. The Group Managing Dire...

November 27, 2019 No Responses

DPR Sanctions Petrol Outlets, Two Gas Plants

The Department of Petroleum Resources (DPR), Warri Zonal Office has sanctioned three petrol stations and two gas plants over alleged sharp practices in Delta State.Mr Antai Asuquo, Warri Zonal Operations Controller of DPR, represented by Mr Victor Ohwodiosa, t...

November 20, 2019 No Responses

Nigeria Implores ExxonMobil, Others On Collaboration

The Minister of State for Petroleum Resources, Chief Timipre Sylva, has tasked ExxonMobil and other International Oil Companies (IOCs) on strong collaboration to ensure efficient oil and gas sector in Nigeria. A statement signed by Alhaji Garba Deen Muhammad, ...

November 19, 2019 No Responses

Total DMD: Larger Portion Of Nigeria’s Oil, Gas Untapped

There are billions of barrels of oil and trillions cubic feet of gas yet to be discovered in Nigeria, Deputy Managing Director, Deep Water District of Total Exploration and Production Nigeria Limited, Mr Ahmadu Kida-Musa, has said. Speaking on...

November 14, 2019 No Responses

NNPC Secures $1.16m Grant For Abuja Power Plant

The Nigerian National Petroleum Corporation (NNPC) and the United States Trade and Development Agency (USTDA) have concluded arrangement to sign a $1.16 million grant as part funding for the NNPC-Abuja Independent Power Project (IPP) modelled to generate 1,350...