Gas Archives — City Business News

October 9, 2024 No Responses

Seplat CEO: Africa’s Abundant Gas Reserves Offer Immediate Solutions To Prevailing Problems

Africa has abundant gas reserves, and these rich reserves offer immediate solutions to the continent’s immediate and prevailing challenges if well leveraged.The Chief Executive Officer, Seplat energy Plc, Mr. Roger Brown, said this during the ongoing Africa Oil Week (AOW)...

October 2, 2024 No Responses

FG Signs N122b Equity Participation Agreement With Six Gas Firms

The Federal Government has signed a N122 billion project equity participation agreement with six gas infrastructure companies aimed at transforming the midstream gas value chain across the country. This was disclosed by the Minister of State for Petroleum Reso...

September 17, 2024 No Responses

NNPCL/TotalEnergies’ $550m Ubeta Upstream Gas Project Takes Off

The $550 million upstream gas project between the NNPC Ltd and TotalEnergies on the development of the Ubeta field has taken off, the Presidency announced on Tuesday.Special Adviser to the President on Energy, Olu Verheijen, disclosed this during an inaugural....

May 20, 2024 No Responses

Bonny Gas Transport Charters Eco-Friendly Newbuild Vessel

Bonny Gas Transport Limited (BGT), a subsidiary of Nigeria LNG Limited (NLNG), has chartered a newbuild vessel, AKTORAS, in a strategic move to diversify and reduce the carbon footprint of its shipping portfolio. BGT was founded in 1989 to provide...

February 9, 2024 No Responses

Shell Seeks NCDMB’s Support For Oil, Gas Projects

The leadership of Shell Companies in Nigeria on Wednesday sought the support of the Nigerian Content Development and Monitoring Board (NCDMB) to achieve accelerated development of three major oil and gas projects notably Bonga North deepwater and HI and HA,...

January 26, 2024 No Responses

Nigeria-Morrocco Gas Pipeline: FG, Morocco To Intensify Project

In a bid to fast-track the process of achieving the Final Investment Decision (FID) on the Nigeria-Morocco Gas Pipeline, the Federal Government has intensified discussions with the Kingdom of Morocco. The discussion which was held on the sidelines of a...

August 23, 2023 No Responses

Tinubu Receives NLNG Team, Lauds Contribution To GDP, Development

President Bola Tinubu has commended Nigeria LNG Limited for its steadfast commitment to excellence and immense contributions to Nigeria’s Gross Domestic Product (GDP). Tinubu who spoke when the Board and Management of Nigeria LNG Limited paid him a court...

August 12, 2023 No Responses

Edo Begins Recertification Exercise For Gas, Petrol Stations

The Edo State Government through the State’s Ministry of Physical Planning, Housing, Urban and Regional Development, has kicked off a recertification exercise for gas and petrol stations in the State. In a statement, the Permanent Secretary, Edo State Minist...

July 3, 2023 No Responses

Shell Still Trading Russian Gas

Shell is still trading Russian gas more than a year after pledging to withdraw from the Russian energy market. BBC report that the company was involved in nearly an eighth of Russia’s shipborne gas exports in 2022, according to analysis...

June 17, 2023 No Responses

Nigeria, Morocco, Others Sign GAS Pipeline Project Agreements

The management of Nigerian National Petroleum Company Limited (NNPCL) has signed four significant agreements related to the Nigeria-Morocco gas pipeline project. The NNPCL in a statement issued on Friday by Garba Deen Muhammad, the chief corporate communicatio...

April 16, 2023 No Responses

Expert Implores FG On Robust Gas Asset Management Plan

The Chief Executive Officer, Kenyon International, Dr Victor Ekpenyong has urged the Federal Government to harness the abundant oil and gas resources for economic and industrial development. Ekpenyong, a Well Controls Specialist, said that harnessin...

December 8, 2022 No Responses

UK To Double US Gas Imports

The United Kingdom has agreed to double imports of US gas over the next year as it tries to stabilise soaring energy prices. Prime Minister Rishi Sunak said the plan would “bring down prices for British consumers and help end Europe’s...

October 2, 2022 No Responses

MISC, ExxonMobil Unit, Strengthen LNG Carrier Deal

MISC Berhad (MISC), owner and operator of Liquefied Natural Gas (LNG) carriers, has strengthened its partnership with ExxonMobil’s unit SeaRiver Maritime with new long-term time charter contracts. Meanwhile, MISC has also signed an agreement with ...

August 31, 2022 No Responses

FG Inaugurates Gas Infrastructure Fund Council

The Federal Government on Tuesday inaugurated the Governing Council of the Midstream and Downstream Gas Infrastructure Fund (MDGIF). Chief Timipre Sylva, Minister of State, Petroleum Resources, inaugurated the nine-member council, in Abuja, to fix the cr...