Energy – Page 47 – City Business News

August 28, 2019 No Responses

NNPC, Total To Grow Production, Reserves

The Nigerian National Petroleum Corporation (NNPC) and Total Nigeria have expressed their readiness to work together to grow daily national crude oil and gas production and reserves to meet the national target of 40 billion barrels. Group Managing Director of...

August 26, 2019 No Responses

NNPC Records 77 Per Cent Increase In Pipeline Vandalism

The Nigerian National Petroleum Corporation (NNPC) has recorded 77 per cent rise in cases of oil pipeline vandalism in its network of pipeline infrastructure across the country in June 2019. The corporation’s Monthly Financial and Operations Report (MFOR) fo...

August 23, 2019 No Responses

ExxonMobil Attributes Business Success To NNPC’s Transparent Leadership

A major player in the oil and gas industry, Exxon Mobil, has attributed its landmark achievements in the Nigerian oil and gas sector to the Nigerian National Petroleum Corporation (NNPC), noting that the result-oriented leadership provided by the corporation h...

August 21, 2019 No Responses

Shell Seals Deal On 14 New LNG-Fueled Tankers

As part of its measures to decarbonise shipping, Oil and gas major, Shell has reached agreements to charter a fleet of up to fourteen new liquefied natural gas-fueled crude oil and products tankers, Namely, Shell Tankers (Singapore) agreed a long-term...

August 20, 2019 No Responses

“Tough Time Awaits Pipeline Vandals”

The Nigerian National Petroleum Corporation (NNPC) and the Nigeria Security and Civil Defence Corps (NSCDC) have pledged to work together to run pipeline vandals and oil thieves out of business in the country. A press release Monday by the Corporation’s...

August 14, 2019 No Responses

Shell Explains Investment In Corvus Energy

Shell Ventures, the corporate venture capital arm of Shell, has decided to invest in Corvus Energy, a Canada-based provider of energy storage systems. As explained, the investment will help Corvus Energy expand internationally and further enhance its position ...

August 13, 2019 No Responses

NNPC: Rehabilitation In PH Refinery Still Ongoing

The Nigerian National Petroleum Corporation (NNPC) has said that the rehabilitation of the two Port Harcourt Refineries were still ongoing. Mr Ndu Ughamadu, the Group General Manager, Group Public Affair Division disclosed this to News Agency of Nigeria (NAN),...

August 7, 2019 No Responses

NNPC Seeks Military Support For Relaunch Of Exploratory Activities In Chad Basin, Others

The Nigerian National Petroleum Corporation (NNPC) has expressed its preparedness to re-enter and commence full operations at the Chad Basin, Gongola and Benue Trough, as it seeks for wholistic military supports for the protection of its workforce and high-tec...

August 6, 2019 No Responses

Kyari: It’s A Shame Nigeria Is Net Importer Of Petroleum Products

It is a shame that Nigeria is a net importer of petroleum products, the Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari has said., Speaking at the 2019 annual conference and exhibition organised by the Society of....

August 5, 2019 No Responses

NNPC Attributes Increase In Price Of Kerosene To Pressure Of Demand, Supply

The Nigerian National Petroleum Corporation (NNPC) has attributed the increased in the price of household Kerosene in the country to the pressure of demand and supply.The NNPC Group General Manager, Group Public Affairs Division, Ndu Ughamadu, told the News Ag...

August 4, 2019 No Responses

Omo-Agege To Oil Firms: Relocate Headquarters To N/Delta

Deputy President of the Senate Ovie Omo-Agege has urged oil companies operating in the Niger Delta region to relocate their headquarters to the region.Mr. Yomi Odunuga, his Special Adviser on Media and Publicity in astatement on Saturday in Abuja, said...

August 2, 2019 No Responses

NNPC To Extend Trade Relations With Turkey

The Nigerian National Petroleum Corporation (NNPC) has expressed its desire to extend Nigeria’s trade relations with Turkey beyond crude oil. The Group Managing Director of NNPC, Mallam Mele Kyari, disclosed this during a courtesy visit by the Ambassador of ...

July 19, 2019 No Responses

FG To Supply 10% Of India Crude Demands

The Nigerian National Petroleum Corporation (NNPC) says it will continue to supply 10 per cent of India’s crude oil demand in the face of competing demand for the product from other countries. The Group Managing Director, Malam Mele Kyari, disclosed...

July 14, 2019 No Responses

Shell Nigeria Restates Commitment To Economic Growth

Shell Petroleum Development Company of Nigeria Limited Joint Venture is to sustain programmes that would galvanise the economic growth of Delta State, Igho Weli, SPDC General Manager, External Relations, has said. In a statement on Saturday, Weli e...