Energy Archives — Page 37 of 54

March 24, 2018 No Responses

NNPC Boss Reiterates Commitment To Support Local Investors

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Dr. MaikantiBaru, has restated the corporation’s commitment to support indigenous companies operating in the oil and gas industry to grow to their fullest potential. The GMD who stated...

March 23, 2018 one Response

NPA MD at Onne Port Stakeholders Forum, Inspect Tug Boat

By Moses Ebosele, ebosele@hotmail.com The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has reiterated her commitment to sustain periodic engagement with stakeholders in the sector. Addressing Onne Port Stakeholders on Thursd...

March 21, 2018 No Responses

Total Seals 40-Year Concession Agreements

Total has signed 40-year concession agreements for three fields offshore Abu Dhabi with the Emirate’s Supreme Petroleum Council and ADNOC. According to Offshore and other agency reports, the accords give Total a 20% interest in the new Umm Shaif and...

March 20, 2018 No Responses

‘Demand for LNG on the Rise’

Demand for LNG as a marine fuel has risen significantly, especially in Nordics marine market, according to a Norwegian LNG supplier Skangas. The driving force behind the rise is the addition of new vessels to the LNG-powered fleet on the back of...

March 19, 2018 one Response

NNPC Renews Commitment To Tackle Smuggling Of Petroleum Products

The Nigerian National Petroleum Corporation (NNPC) is discussing with security operatives to stop smuggling of petrol products across our borders. According to the NNPC Group Managing Director (GMD), Dr Maikanti Baru, the Corporation is also working with...

March 16, 2018 No Responses

Kuwait Seals $467m Financing for Eight Tankers, Orders VLCC

Kuwait Oil Tanker Company (KOTC) has signed a financing deal with a syndicate of banks worth around USD 467 million (KD 140 million). The financing will be provided by Warba Bank, Ahli United Bank and Kuwait International. The ten-year financing...

March 12, 2018 No Responses

Ex-Shell Boss, Ovueraye Heads KSM New Executive Board

The Order of the Knights of Saint Mulumba Nigeria (KSM) has elected Diamond Ovueraye, as the Supreme Knight and head of the new supreme executive board to govern its affairs for the next four years. The group in a statement...

March 8, 2018 3 Responses

Indonesia Seeks Govt-to-Govt Partnership in Oil Trading

The Government of Indonesia has expressed the desire to buy more crude oil from Nigeria. The request was made by the Head of Economic Affairs of the Indonesian Embassy, Mr. Dwiyatna Widinugraha, who led a delegation from the country...

March 3, 2018 one Response

NNPC, Customs To Curb Petroleum Products Smuggling

The Nigerian National Petroleum Corporation (NNPC) and the Nigeria Customs Service (NCS) are collaborating to curb smuggling of petroleum products outside Nigeria’s borders. The Group Managing Director of the NNPC, Dr Maikanti Baru, said this when he paid a ...

March 2, 2018 No Responses

NNPC Pledges Support For Non-Oil Sectors

The Nigerian National Petroleum Corporation (NNPC) on Thursday expressed commitment towards providing the necessary assistance for Nigeria to attain competitive edge in non-oil sectors of the economy. Group Managing Director of the corporation, Dr Maikanti Bar...

February 28, 2018 No Responses

NLNG Reiterates Commitment To Zero Fatality, Injuries

The Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), Tony Attah, yesterday in Port Harcourt, assured that NLNG is fully committed to its Goal Zero campaign of ensuring zero incidents and fatality during its operations. Attah, whil...

February 25, 2018 No Responses

Firm Extends LNG Supply Network for Ships

Hamburg-based supplier of LNG Nauticor has extended its LNG supply network for ships within the North Sea region by including the Port of Rotterdam. The company has been awarded the contract for a bunker operation in Rotterdam for the first...

February 22, 2018 No Responses

INTELS Remits $42.6m Into TSA, NPA Awaits Payment Confirmation For $14.5m

The contract termination controversy between INTELS Nigeria Limited and the Nigerian Ports Authority (NPA) may have eased off ‎following the payment of $42.6 million (N13.2 billion) by INTELS into the NPA’s Treasury Single Account (TSA). The Managing Direc...

February 21, 2018 No Responses

‘Replicate NLNG Model To Increase Gas Sector Opportunities’

The Deputy Managing Director of Nigeria LNG Limited (NLNG), Sadeeq Mai-Bornu, on Tuesday, said the NLNG business model needs to be replicated in order to generate opportunities for the power and gas sectors in the country. Mai-Bornu spoke at an...