Fashola implores power sector stakeholders on adequate gas supply

Fashola implores power sector stakeholders on adequate gas supply

The Minister of Power, Works and Housing, Mr. Babatunde Fashola SAN, has asked stakeholders in the Power Sector to look forward to the implementation of policies that would improve gas supply and liquidity as well as the completion of several...
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NLNG’s vessel discharges 13,000 tonnes of LPG at Lagos Jetty

NLNG’s vessel discharges 13,000 tonnes of LPG at Lagos Jetty

The Nigeria Liquefied Natural Gas (NLNG) at the weekend successfully discharged 13,000 tonnes of LPG to Lagos Jetty as part of measures to curtail reported scarcity across the country.   A statement issued by NLNG’s General Manager (External Relations), Kud...
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Osinbajo to visit oil-producing communities

Osinbajo to visit oil-producing communities

In further demonstration of President Muhammadu Buhari’s readiness and determination to comprehensively address the Niger Delta situation, Vice President Yemi Osinbajo, SAN, will be visiting a number of oil communities across some Niger Delta States star...
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NNPC Refineries resume production of Kerosene, Diesel

NNPC Refineries resume production of Kerosene, Diesel

The Nigerian National Petroleum Corporation’s three refineries in Kaduna, Port Harcourt and Warri have resumed production of Automotive Gas Oil (AGO) and Dual Purpose Kerosene (DPK), otherwise known as diesel and kerosene respectively. NNPC in a statement is...
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NLNG refutes LPG price increase, blames jetty unavailability, market price distortions

NLNG refutes LPG price increase, blames jetty unavailability, market price distortions

The Nigeria LNG on Wednesday disclosed that its dedicated LPG vessel has been unable to discharge LPG at the Apapa port since 29th December 2016 “due to jetty unavailability, resulting in temporary product shortages in the market”.  However, the company.....
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NUPENG shuts down Total Plc

NUPENG shuts down Total Plc

Citing termination of employment, the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has ordered stoppage of loading activities at all Total Nigeria depots nationwide. In a statement on Thursday, the South-West Chairman of the union, Tokunbo Korod...
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Sahara Energy, 38 others get NNPC crude lifting contract

Sahara Energy, 38 others get NNPC crude lifting contract

The Nigerian National Petroleum Corporation (NNPC) on Thursday named Sahara Energy, Oando, MRS and 36 others as successful bidders of its 2007/2018 crude oil term contract, effective January 1, 2017. According to NNPC,   the 39 successful bidders comprised 1...
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Presco, Conoil, others join NSE 30 index

Presco, Conoil, others join NSE 30 index

Presco Plc, quoted in the agricultural sector of the Nigerian Stock Exchange (NSE) has been admitted into the NSE 30 index. The development, which is based on the NSE bi-annual review, became operational, January 3, 2017. Also included in the...
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Again, Total Nigeria is recipient of Solar Grant

Again, Total Nigeria is recipient of Solar Grant

In 2015, Total Nigeria Plc was the recipient of a solar grant awarded by the Solar Nigeria Programme, an initiative of the UK’s Department for International Development.   Total Nigeria has been able to deliver exceptionally on Awango by Total’s...
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New investors join Scatec Solar to develop 100 MW Nova Scotia Solar Project in Nigeria

New investors join Scatec Solar to develop 100 MW Nova Scotia Solar Project in Nigeria

Scatec Solar   has signed a Joint Development Agreement (JDA) with Africa50, an African Infrastructure Fund sponsored by the African Development Bank and more than 20 African States and Norfund (the Norwegian Investment Fund for Development Countries), secu...
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NUPENG begins warning  strike January 9

NUPENG begins warning strike January 9

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) is to embark on three-day warning strike onJanuary 9, 2017 over alleged maltreatment of members. In an interview with the News Agency of Nigeria (NAN), the South-West chairman of the...
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Chevron cancels $1.9B FPSO order

Chevron cancels $1.9B FPSO order

Chevron North Sea Limited has canceled its order for a Floating Production Storage Offloading (FPSO) unit at South Korea’s Hyundai Heavy Industries. The shipbuilding contract, signed in April 2013, was valued at KRW 2.157 trillion (around USD 1.85 billion)...
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NLNG completes $12m USP scheme, commissions UNIMAID engineering laboratory

NLNG completes $12m USP scheme, commissions UNIMAID engineering laboratory

Nigeria LNG Limited (NLNG) has completed one of its flagship Corporate Social Responsibility (CSR) programmes, the University Support Programme (USP), with the commissioning of the sixth $2 million engineering laboratory at the University of Maiduguri (UNIMAID...
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FG to construct 400 dams before 2019

FG to construct 400 dams before 2019

The Federal Government is to construct additional 400 dams to boost irrigation across the country before 2019. Speaking in Abuja at the 32nd Annual Meeting of the Food Crisis Prevention Network, President Muhammadu Buhari explained that due to the growing...
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