Energy – Page 51 – City Business News

May 2, 2019 No Responses

DPR Decries Artificial Scarcity Of Fuel

Department of Petroleum Resources in Akwa Ibom has decried artificial scarcity of fuel caused by the Petroleum Tanker Driver’s in the state. Operations Controller of DPR in Akwa Ibom, Tamunoiminabo Kingsley-Sundaye, made this known to the News Agency of Nigeria...

April 28, 2019 No Responses

Nigeria To Bridge Petroleum Products Supply Gap

The Group Managing Director, Nigerian National Petroleum Corporation, Dr Maikanti Baru, says the corporation plans to bridge the gap of petroleum products supply in the country. Baru disclosed this while fielding questions from journalists after a facility tou...

April 28, 2019 No Responses

China Acquires Stake In LNG Project

Russian gas producer Novatek has entered into agreements with two Chinese companies, allowing them to buy into the Arctic LNG 2 project. China National Oil and Gas Exploration and Development Company (CNODC), a subsidiary of China National Petroleum Corporatio...

April 26, 2019 No Responses

NNPC Boss Tasks Petroleum Engineers On Energy Security

The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru, has challenged members of the Society of Petroleum Engineers (SPE) to come up with a blueprint for energy security and sustainability in Nigeria. Dr. Baru gave the.....

April 21, 2019 No Responses

Hyundai LNG Shipping Orders First Very Large Gas Carrier

South Korean shipowner Hyundai LNG Shipping (HLS) has placed an order for the construction of one very large gas carrier (VLGC) at compatriot shipyard Hyundai Heavy Industries (HHI).The duo signed an agreement on April 16, 2019, which includes one optional...

April 12, 2019 No Responses

NNPC Pledges Adequate Supply Of Petroleum Products During Easter

The Nigerian National Petroleum Corporation (NNPC) has assured the public of adequate supply of petroleum products during the Easter celebration. The Group Managing Director of the corporation, Maikanti Baru, gave the assurance on Thursday in Enugu at the ongo...

February 22, 2019 No Responses

NLNG flags off 2019 Nigeria Literary competitions

The Advisory Boards for The Nigeria Prize for Science, The Nigeria Prize for Literature and The Literary Criticism Prize, sponsored by Nigeria LNG (NLNG) Limited, have published the Call for Entries for the 2019 edition of the prizes, flagging off...

February 20, 2019 No Responses

Qatar Orders 60 New LNG Carriers

Saad bin Sherida Al-Kaabi, Qatari Minister of Energy and CEO of Qatar Petroleum, confirmed the country’s intentions to order up to 60 new LNG carriers. Al-Kaabi explained that the Middle Eastern nation would order the vessels at a press conferen...

February 1, 2019 No Responses

Nigeria Seeks Duty Waiver For Project 100

The Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, has explained that the ministry would consider ways of securing import waivers for the implementation of the Project 100, where it is necessary. Already, the Nigerian Government, a...

January 29, 2019 No Responses

Nigeria Tasks African Leaders On Oil, Gas Infrastructure Development

President Muhammadu Buhari has called on African leaders to support whatever will help drive infrastructure development in the oil and gas sector in the region. Buhari gave the advice at the opening ceremony of the second edition of the Nigerian...

December 24, 2018 No Responses

Shell Nigeria Explains Investment In Imo, Targets 300mcf Gas For Domestic Market

The Shell Petroleum Development Company of Nigeria Limited (SPDC) on Sunday has announced the Final Investment Decision (FID) on the Assa North Gas Development Project in Imo State. The project is regarded as a major momentum to the domestic gas...

December 19, 2018 No Responses

Buhari Facilitates With Oil And Gas Investor, Leemon Ikpea, At 62

President Muhammadu Buhari felicitates with a major investor in the oil and gas industry, Chief (Dr) Leemon Ikpea, as he turns 62 on December 19, 2018. The President appreciates the grace of God, which brought Chief Ikpea from humble beginnings...

December 18, 2018 No Responses

Nigeria Pays Oil Marketers N236b

The Chief Operating Officer, Downstream, Nigerian National Petroleum Corporation (NNPC), Mr Henry Ikem-Obih, has disclosed that the Federal Government has paid the agreed N236 billion as first tranche of the outstanding subsidy claims to oil m...

December 6, 2018 No Responses

NNPC Implores Investors On 10b Barrels Deep-Water Resources

The Nigerian National Petroleum Corporation (NNPC) on Wednesday multi-billion dollar investment opportunities in the nation’s deep-offshore frontiers at the 10th World Energy Capital Assembly in London, United Kingdom. Delivering his address at the panel...