NNPC releases 470 trucks of petrol to Lagos, Abuja

NNPC releases 470 trucks of petrol to Lagos, Abuja

 The Nigerian National Petroleum Corporation (NNPC) on Tuesday said it released 300 trucks of petrol to Lagos and 170 to Abuja, to stem long queues at filling stations. NNPC Spokesman, Ndu Ughamadu, announced the release in a statement in Abuja....
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Oando shareholders insist on forensic audit

Oando shareholders insist on forensic audit

Shareholders under the aegis of the Oando Shareholders Solidarity Group (OSSG) have faulted recent claims by the management of the company that it dragged the Securities and Exchange Commission (SEC) to court to protect shareholders’ interest.    In a stat...
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INTELS offers scholarship to 66 physically challenged persons

INTELS offers scholarship to 66 physically challenged persons

The Management of oil and gas logistics giant, INTELS Nigeria Limited has taken its community support a notch higher by offering full scholarships to no fewer than 66 physically challenged persons. The scholarship scheme, which was set up in 2003...
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NNPC adopts 24 hour depot, retail services

NNPC adopts 24 hour depot, retail services

The Nigerian National Petroleum Corporation (NNPC) has stated that its adoption of a 24-hour depot and retail services cleared the fuel queues in Abuja, Lagos and many states across the country.  NNPC Chief Operating Officer, Ventures and Chairman of the...
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Reps at NLNG’s Bonny Plant, lauds CSR initiatives

Reps at NLNG’s Bonny Plant, lauds CSR initiatives

The management of Nigeria LNG (NLNG) Limited, on Monday, received a delegation of the House of Representatives Committee on Gas Resources led by its Chairman, Hon Frederick Y. Agbedi.   According to a statement, the visit provided good opportunity for...
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INTELS wins Nigerian Shippers’ Council CSR award

INTELS wins Nigerian Shippers’ Council CSR award

Nigeria’s oil and gas logistics giant, INTELS Nigeria Limited has been conferred with the award of the “Most Outstanding Terminal Operator in Corporate Social Responsibility” by the Nigerian Shippers’ Council (NSC), which is a Federal Governmen...
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NLNG to supply 350ktpa of DLPG through dedicated vessel

NLNG to supply 350ktpa of DLPG through dedicated vessel

Nigeria LNG (NLNG) has reiterated its commitment to continue to support growth of the LPG industry by dedicating 350,000 metric tonnes per annum of cooking gas otherwise known as Domestic LPG (DLPG) to the country, to ensure reliable and affordable...
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World Bank to support power sector recovery agenda in Nigeria with $1b

World Bank to support power sector recovery agenda in Nigeria with $1b

The World Bank is to support Nigeria’s Power Sector Recovery Programme (PSRP) with not less than $1billion.  In a statement on Wednesday, the Bank explained that its delegation had informed the Federal Government that it was pleased with progress in...
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Zubair, Acting SEC DG insist on Oando’s forensic audit

Zubair, Acting SEC DG insist on Oando’s forensic audit

The Acting Director-General, Securities and Exchange Commission (SEC), Dr. Abdul Zubair, has reiterated SEC’s resolve to conduct a Forensic Audit on the activities of Oando Plc.   In a letter dated December 5, 2017 and addressed to the CEO of Oando Plc,.....
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Oando:Shareholders demand Kemi Adeosun’s sack

Oando:Shareholders demand Kemi Adeosun’s sack

South-South Coordinator of the Oando Shareholders Solidarity Group (OSSG), Mr Clement Ebitimi, has called on President Muhammadu Buhari to sack the Minister of Finance, Kemi Adeosun, for allegedly meddling in the forensic audit of Oando Plc.  Some newspapers ...
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NLNG to Attain Final Investment Decision on Train 7 Plus In 2018

NLNG to Attain Final Investment Decision on Train 7 Plus In 2018

Nigeria LNG Limited, on Wednesday at the World LNG Summit holding in Portugal, announced that the company, with the full support of its Board, is making steady progress towards achieving Final Investment Decision (FID) on its Train 7 Plus (7+)...
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NNPC to select core investor for Benue bio-fuel project

NNPC to select core investor for Benue bio-fuel project

The Nigerian National Petroleum Corporation (NNPC) says it has almost concluded discussion on the choice of a core investor for the proposed bio-fuel plant in Benue. The Group Managing Director of the corporation, Dr Maikanti Baru, said this in a...
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Canada deploys First LNG to China in Container

Canada deploys First LNG to China in Container

Canada has sent its first shipment of liquefied natural gas (LNG) to China by a containership as part of a pilot project to determine long-term feasibility.  LNG was supplied by FortisBC’s Tilbury facility in Delta, logistics and equipment were provided...
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Shipping firms allege blockage of channel by NLNG, petitions NPA

Shipping firms allege blockage of channel by NLNG, petitions NPA

By citybusinessnews@yahoo.com –       Shipping firms have appealed to the Managing Director of Nigerian Port Authority (NPA), Hadiza Bala Usman to intervene in the alleged blocking of channel by the Nigeria Liquefied Natural Gas (NLNG).  In a petiti...
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