Tag: Energy

SEC Suspends Oando’s AGM
June 10, 2019 No Responses

SEC Suspends Oando’s AGM

The Securities & Exchange Commission (SEC) has suspended the 2019 annual general meeting of oando plc earlier scheduled to told Tuesday, June 11th, 2019.In a statement on Monday morning, SEC said that, “further to the Ex-parte Order of the Federal...
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NNPC Records N174.62b Petroleum Product Sales In March
June 10, 2019 No Responses

NNPC Records N174.62b Petroleum Product Sales In March

The Nigerian National Petroleum Corporation (NNPC) on Sunday said it recorded N174.62 billion sale of white petroleum products in March.The corporation disclosed this in its March Monthly Financial and Operations Report (MFOR) released in Abuja.It says that Ma...
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LNG Firm Welcomes 173,400cbm Carrier
June 9, 2019 No Responses

LNG Firm Welcomes 173,400cbm Carrier

LNG carrier owner and operator, Flex LNG has received the 173,400 cbm carrier, Flex Constellation from South Korea’s Daewoo Shipbuilding and Marine Engineering (DSME).According to the Oslo-listed company, Flex Constellation was delivered three weeks ahe...
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Oando: Court Restrains SEC
June 4, 2019 No Responses

Oando: Court Restrains SEC

The Federal High Court in Lagos on Monday restrained the Securities and Exchange Commission (SEC) from removing Mr. Wale Tinubu as the Group Chief Executive Officer of Oando Plc. It also barred SEC from imposing a fine on Tinubu and...
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Sunmonu, Ex-Shell Boss To Oversee Oando’s Interim Management Team
June 2, 2019 No Responses

Sunmonu, Ex-Shell Boss To Oversee Oando’s Interim Management Team

The crisis rocking Oando Plc took a new dimension on Sunday as the Securities and Exchange Commission (SEC) appoints an interim management team for the company.  According to SEC, the management team headed by Mr. Mutiu Olaniyi Adio Sunmonu CON,...
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Firm To Power Vessels With Dead Fish
May 23, 2019 No Responses

Firm To Power Vessels With Dead Fish

Norwegian expedition cruise company, Hurtigruten has confirmed plans to power its ships with fuel made from dead fish and other organic waste.As informed, Hurtigruten and compatriot firm Biokraft have signed a 7.5-year liquefied biogas (LBG) supply d...
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Conoil Appoints New Executive Director
May 23, 2019 No Responses

Conoil Appoints New Executive Director

The Board of Conoil Plc has approved the appointment of Mr. Ismail Salam as the Acting Executive Director Finance.  In a notice to the Nigerian Stock Exchange (NSE) on Wednesday, Conoil Plc explained that Mr. Ismail Salam is an accomplished...
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NNPC To Inaugurate Largest LPG Storage In Edo
May 20, 2019 No Responses

NNPC To Inaugurate Largest LPG Storage In Edo

The Nigerian National Petroleum Corporation says it will unveil the largest Liquefied Petroleum Gas also known as cooking gas and Propane Storage and dispensing facility in Oredo, Benin City, Edo State. The Corporation disclosed this in a statement by its...
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APM Terminals Expands Scope, Integrates Into Maersk Logistics & Services
May 16, 2019 No Responses

APM Terminals Expands Scope, Integrates Into Maersk Logistics & Services

Come August 1, 2019, APM Terminals Inland Services will be integrated into Maersk Logistics & Services, providing customers with seamless access to a wider range of logistics & services offerings. This is a next step for A.P. Moller – Maersk...
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Winner Of Nigeria Prize For Science To Get $100,000
May 15, 2019 No Responses

Winner Of Nigeria Prize For Science To Get $100,000

Twenty-nine (29) scientists will vie to find long-lasting solutions to erosions, droughts and desertification plaguing different parts of the country in the 2019 edition of the Nigeria Prize for Science sponsored by Nigeria LNG Limited (NLNG). The science...
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Shell Nigeria Targets 2,400MW Electricity From Gas Project In Imo
May 14, 2019 No Responses

Shell Nigeria Targets 2,400MW Electricity From Gas Project In Imo

The ongoing Assa North/Ohaji South gas development project in Imo State, southeast Nigeria will produce 600 million standard cubic feet of gas per day, energy equivalent of about 2400 Megawatts which is enough to provide uninterrupted electricity to about 2.4....
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Dakuku: Special Tax Regime For Maritime Sector Under Consideration
May 8, 2019 No Responses

Dakuku: Special Tax Regime For Maritime Sector Under Consideration

The Federal Government Wednesday, assured the international oil and Gas community that the Nigerian maritime sector is safe for investment and special tax regime are under consideration to grow capacity for the industry in the country. Addressing Journalists a...
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NNPC Remits N153.01b Into Federation Account In January
May 6, 2019 No Responses

NNPC Remits N153.01b Into Federation Account In January

The Nigerian National Petroleum Corporation (NNPC) says it transferred N153.01 billion into the federation account in January. The corporation disclosed this in its Financial and Operations Report for the January released in Abuja on Sunday. “Within the peri...
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NNPC Boss Inaugurates AGPC Reconstituted Board, Targets 300mscf Of Gas Per Day
May 3, 2019 No Responses

NNPC Boss Inaugurates AGPC Reconstituted Board, Targets 300mscf Of Gas Per Day

Seplat Petroleum Development Company Plc, a leading Nigerian indigenous oil and gas company listed on both the Nigeria Stock Exchange (NSE) and London Stock Exchange (LSE), has announced the inauguration of the reconstituted Board of Directors of ANOH Gas Proc...
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