Energy – Page 5 – City Business News

March 12, 2025 No Responses

NNPC Woos Global Investors, Harps On LNG Train7 Project, Others

The Nigerian National Petroleum Company Limited (NNPC Ltd) has called on global investors to direct their attention to the Nigerian oil and gas sector as the nation is now an investors’ haven owing to the robust regulatory reforms and the...

March 11, 2025 No Responses

Zacch Adedeji:Naira-For-Crude Policy Remains In Place

Our attention has been drawn to reports suggesting that the naira-based crude oil supply arrangement with local refineries has been discontinued, forcing the domestic refineries to rely solely on international crude purchases.These reports do not reflect the r...

March 11, 2025 No Responses

NCDMB Acquires 20 Per Cent Equity In Refinery Project

The Nigerian Content Development and Monitoring Board (NCDMB) has sealed a deal to acquire 20 per cent equity in a 100,000 barrels per day (bpd) refinery project being established by African Refinery Group Ltd, in partnership with the Nigerian National...

March 10, 2025 No Responses

NNPC Reacts To Fresh Controversy On Naira Crude Contract With Dangote Refinery

NNPC Limited has noted recent reports circulating on social media regarding the alleged unilateral termination of the crude oil sales agreement in Naira between NNPC Ltd. and Dangote Refinery.To clarify, the contract for the sale of crude oil in Naira...

March 9, 2025 No Responses

NSML MD Lauds 2024 Performance, Stakeholders

The Managing Director/Chief Executive Officer, NLNG Shipping and Marine Services Limited (NSML), Abdulkadir Ahmed, has described the year 2024 as watershed year for the company.Addressing staff and stakeholders at the 2024 Performance Recognition Awards ceremo...

March 9, 2025 No Responses

NSML Honours Staff, NPA Pilot, NIMASA, Others

By Moses Ebosele, ebosele@hotmail.com The management of NLNG Shipping and Marine Services limited (NSML), a subsidiary of Nigeria LNG Limited, has honoured staff and key stakeholders for their immense contributions to the growth of the company in 2024.Speaking...

March 5, 2025 No Responses

Customs Impounds 28,300 Litres Of PMS

The Comptroller-General of Customs (CGC), Adewale Adeniyi, has assured smugglers of Premium Motor Spirit (PMS) that tougher times lie ahead as the Nigeria Customs Service (NCS) intensifies its crackdown on fuel smuggling.This warning came as officers of Operat...

March 4, 2025 No Responses

“CNG Conversion Fosters Job Creation, Enhances Economic Growth”

The Presidential CNG Initiative Expansion Coordinator, South West I, Mrs. Ogonna Onyemelukwe, has reiterated that the Nigerian Government has been promoting the use of CNG as part of its efforts to reduce dependence on expensive petroleum products and harness ...

February 27, 2025 No Responses

NCDMB Boss Seeks Africa-Wide Local Content Framework

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has charged oil and gas industry stakeholders in Africa to institute an Africa-wide local content framework that harmonises policies and fosters cros...

February 27, 2025 No Responses

NLNG Constructs New Jetty To Boost Supply Across Africa

As part of the Train 7 project, Nigeria LNG (NLNG) is constructing third jetty to support small-scale LNG supply across Africa.Speaking at the ongoing NIES 2025, the NLNG Managing Director/ Chief Execitive Officer, Dr Philip Mshelbila reiterated NLNG’s commi...

February 26, 2025 No Responses

GTCO Distributes 3,000 Gas Cylinders To Ogun Community

As part of ongoing efforts to enhance the quality of life for households and empower women in underserved communities, GTCO Plc at the weekend launched its Waste for Gas initiative which saw over 3,000 residents of Obafemi Owode Local Government...

February 25, 2025 No Responses

Kyari At NIES 2025, Explains NNPC’s Charge Towards Gas Infrastructure Expansion

The Group Chief Executive Officer of NNPC Ltd, Mele Kyari has said that the world recognizes Africa as the next destination of providing greater support to the global energy market, recognizing Nigeria’s position as the largest producer of oil and...

February 25, 2025 No Responses

NNPC Shipping, Stena Bulk, Caverton Unveil New Joint Venture

The Nigerian National Petroleum Company (NNPC) Shipping, Stena Bulk, and Caverton Marine Limited on Tuesday announced the signing of a new joint venture that will transform Nigerian maritime transportation.The agreement, signed in London last week, aims to cre...

February 18, 2025 No Responses

NCDMB Boss Visits Samsung, Africoat

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe on Monday visited the facilities of Samsung Heavy Industries Nigeria (SHIN), and Africoat Nigeria Limited, a pipe coating plant, located at Takwa Bay,...