Dakuku: Special Tax Regime For Maritime Sector Under Consideration

Dakuku: Special Tax Regime For Maritime Sector Under Consideration

The Federal Government Wednesday, assured the international oil and Gas community that the Nigerian maritime sector is safe for investment and special tax regime are under consideration to grow capacity for the industry in the country. Addressing Journalists at a...
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NNPC Remits N153.01b Into Federation Account In January

NNPC Remits N153.01b Into Federation Account In January

The Nigerian National Petroleum Corporation (NNPC) says it transferred N153.01 billion into the federation account in January. The corporation disclosed this in its Financial and Operations Report for the January released in Abuja on Sunday. “Within the peri...
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NNPC Boss Inaugurates AGPC Reconstituted Board, Targets 300mscf Of Gas Per Day

NNPC Boss Inaugurates AGPC Reconstituted Board, Targets 300mscf Of Gas Per Day

Seplat Petroleum Development Company Plc, a leading Nigerian indigenous oil and gas company listed on both the Nigeria Stock Exchange (NSE) and London Stock Exchange (LSE), has announced the inauguration of the reconstituted Board of Directors of ANOH Gas Proc...
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DPR Decries Artificial Scarcity Of Fuel

DPR Decries Artificial Scarcity Of Fuel

Department of Petroleum Resources in Akwa Ibom has decried artificial scarcity of fuel caused by the Petroleum Tanker Driver’s in the state. Operations Controller of DPR in Akwa Ibom, Tamunoiminabo Kingsley-Sundaye, made this known to the News Agency of Nige...
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Nigeria To Bridge Petroleum Products Supply Gap

Nigeria To Bridge Petroleum Products Supply Gap

The Group Managing Director, Nigerian National Petroleum Corporation, Dr Maikanti Baru, says the corporation plans to bridge the gap of petroleum products supply in the country. Baru disclosed this while fielding questions from journalists after a facility tou...
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China Acquires Stake In LNG Project

China Acquires Stake In LNG Project

Russian gas producer Novatek has entered into agreements with two Chinese companies, allowing them to buy into the Arctic LNG 2 project. China National Oil and Gas Exploration and Development Company (CNODC), a subsidiary of China National Petroleum Corporatio...
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NNPC Boss Tasks Petroleum Engineers On Energy Security

NNPC Boss Tasks Petroleum Engineers On Energy Security

The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru, has challenged members of the Society of Petroleum Engineers (SPE) to come up with a blueprint for energy security and sustainability in Nigeria. Dr. Baru gave the.....
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Hyundai LNG Shipping Orders First Very Large Gas Carrier

Hyundai LNG Shipping Orders First Very Large Gas Carrier

South Korean shipowner Hyundai LNG Shipping (HLS) has placed an order for the construction of one very large gas carrier (VLGC) at compatriot shipyard Hyundai Heavy Industries (HHI).The duo signed an agreement on April 16, 2019, which includes one optional...
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NNPC Pledges Adequate Supply Of Petroleum Products During Easter

NNPC Pledges Adequate Supply Of Petroleum Products During Easter

The Nigerian National Petroleum Corporation (NNPC) has assured the public of adequate supply of petroleum products during the Easter celebration. The Group Managing Director of the corporation, Maikanti Baru, gave the assurance on Thursday in Enugu at the ongo...
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NLNG flags off 2019 Nigeria Literary competitions

NLNG flags off 2019 Nigeria Literary competitions

The Advisory Boards for The Nigeria Prize for Science, The Nigeria Prize for Literature and The Literary Criticism Prize, sponsored by Nigeria LNG (NLNG) Limited, have published the Call for Entries for the 2019 edition of the prizes, flagging off...
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Qatar Orders 60 New LNG Carriers

Qatar Orders 60 New LNG Carriers

Saad bin Sherida Al-Kaabi, Qatari Minister of Energy and CEO of Qatar Petroleum, confirmed the country’s intentions to order up to 60 new LNG carriers. Al-Kaabi explained  that the Middle Eastern nation would order the vessels at a press conferen...
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Nigeria Seeks Duty Waiver For Project 100

Nigeria Seeks Duty Waiver For Project 100

The Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, has explained that the ministry would consider ways of securing import waivers for the implementation of the Project 100, where it is necessary.  Already, the Nigerian Government, a...
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Nigeria Tasks African Leaders On Oil, Gas Infrastructure Development

Nigeria Tasks African Leaders On Oil, Gas Infrastructure Development

President Muhammadu Buhari has called on African leaders to support whatever will help drive infrastructure development in the oil and gas sector in the region.  Buhari gave the advice at the opening ceremony of the second edition of the Nigerian...
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Shell Nigeria Explains Investment In Imo, Targets 300mcf Gas For Domestic Market

Shell Nigeria Explains Investment In Imo, Targets 300mcf Gas For Domestic Market

The Shell Petroleum Development Company of Nigeria Limited (SPDC) on Sunday has announced the Final Investment Decision (FID) on the Assa North Gas Development Project in Imo State.  The project is regarded as a  major momentum to the domestic gas...
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