Oil and Gas Archives — Page 19 of 19

December 23, 2018 No Responses

Court Confirms $1.8b Oil Spill Compensation

Spain’s Supreme Court in Madrid upheld the ruling that the insurer and the captain of the Prestige oil tanker are to pay EUR 1.6 billion (USD 1.8 billion) in compensation. Under the final ruling, handed down on December 20, the...

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...