Energy – Page 61 – City Business News

November 21, 2016 No Responses

NNPC, Shell, Access Bank, First Bank, others sign $2.2b contract deal

As part of measures to facilitate access to finance for Nigerian suppliers in the oil and gas sector, Shell with the backing of the Nigerian National Petroleum Corporation (NNPC) has signed $2.2b Memoranda of Understanding with eight Nigerian banks under...

November 18, 2016 No Responses

Kachikwu canvasses early repairs of refineries

The Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu has called for the prompt rehabilitation of the nation’s refineries as part of measures to prevent them from being sold as scrap. Speaking on Thursday at a stakeholders’...

November 15, 2016 No Responses

NUPENG faults restructuring agenda for NNPC, DPR, PPPRA

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has advised the Federal Government to desist from its reported plans to scrap the Nigeria National Petroleum Corporation (NNPC), Department of Petroleum Resources (DPR), Petroleum Product Pricing ...

November 15, 2016 No Responses

NNPC redeploys staff, appoints new spokesperson

The Nigerian National Petroleum Corporation (NNPC) has announced the appointment and redeployment of top management staff across board. According to Group Managing Director of the Corporation, Maikanti Baru, the changes were informed by the desire to cons...

November 8, 2016 No Responses

NPA pledges sustained partnership with NLNG

As part of measures to enhance economic growth, the Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has assured the management of Nigerian Liquified Natural Gas (NLNG) of a sustained partnership. Playing host to a delegation from....

November 4, 2016 No Responses

10 students gets NLNG post graduate scholarships

Nigeria LNG Limited has so far awarded a total of three thousand and fifty-three (3,053) scholarships to Nigerian students. This is part of the company’s education intervention programme for deserving students at Post Primary, Undergraduate and Post Graduate...

October 28, 2016 No Responses

Corruption in NNPC exaggerated, says Minister

(NAN) The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, on Thursday said corruption in the oil and gas industry was overblown. Kachikwu who spoke with Journalists after the launch of the new roadmap tagged “The 7 Big Wins”,...

October 27, 2016 No Responses

NLNG to raise $15b, targets 18,000 jobs

The Nigeria Liquefied Natural Gas Limited (NLNG) is to raise $15 billion from the International Capital Market to fund its Train 7 project. Briefing members of the Senate Committee on Gas led by Senator Bassey Albert Akpan, Managing Director...

October 26, 2016 No Responses

Don’t contemplate another fuel price hike, TUC tells FG

The Trade Union Congress (TUC) of Nigeria has advised the Federal Government not to contemplate any increase in the price of petroleum products. The union in a statement on Tuesday described the statement credited to the Group General Manager,...

October 26, 2016 No Responses

‘No plan to increase petrol price’

The Nigerian National Petroleum Corporation (NNPC) has denied reported plan to increase the price of fuel. In a statement issued by the Group General Manager, Group Public Affairs Division, NNPC, Mr. Garba-Deen Muhammad, the corporation said, “Reference o...

October 6, 2016 No Responses

NNPC proposes commercial production of biofuels

The Nigerian National Petroleum Corporation (NNPC) is to commence large scale commercial bio-fuel venture as alternative to fossil fuel, Group Managing Director (GMD), Dr Maikanti Baru, has said. Speaking on Wednesday in Abuja at a two-day Environment Dial...

October 1, 2016 No Responses

Nigeria at 56: TUC seeks viable Oil & Gas sector

The Trade Union Congress of Nigeria (TUC) has challenged the Federal Government to commence of making Nigeria’s Oil & Gas sector more viable. In a message to mark Nigeria’s 56 Independence day celebration, TUC President, Comrade Bobboi Bala Kaigama....

September 25, 2016 No Responses

Oil workers threaten nationwide strike

Oil workers under the aegis of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has threatened to shut down the country if the Federal Government should carry out its plan to sell national assets to augment revenue...

September 25, 2016 No Responses

Militants blow up another pipeline

Breaking a ceasefire it declared a month ago, the Niger Delta Avengers has claimed responsibility for the bombing of another oil pipeline in the Niger Delta. The group in a statement through its spokesman, Mudoch Agbinibo said the group...