Oil and Gas – Page 20 – City Business News

August 19, 2019 No Responses

NNPC Picks BP Oil, Sahara, MRS, Duke, Others To Lift Crude

The Nigerian National Petroleum Corporation (NNPC) has announced winners of its 2019/2020 Direct Sale of Crude Oil and Direct Purchase of Petroleum Products (DSDP) arrangement. In a statement in Abuja on Sunday, the Corporation’s Group General Manager, Group Public Affairs...

August 7, 2019 No Responses

NNPC Seeks Military Support For Relaunch Of Exploratory Activities In Chad Basin, Others

The Nigerian National Petroleum Corporation (NNPC) has expressed its preparedness to re-enter and commence full operations at the Chad Basin, Gongola and Benue Trough, as it seeks for wholistic military supports for the protection of its workforce and high-tec...

August 1, 2019 No Responses

Mele Kyari: NNPC Not Competing With Dangote Refinery

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, on Wednesday declared that the national oil company was not in contest for market share with the forthcoming Dangote Refinery but rather providing support to ...

July 22, 2019 No Responses

LNG: Firm Seals Long-Term Contract To China

Canadian company, FortisBC has entered into its first term supply agreement to produce liquefied natural gas (LNG) for Top Speed Energy Corporation to export to China. This term supply agreement is said to be a major development in Canada’s LNG...

July 19, 2019 No Responses

FG To Supply 10% Of India Crude Demands

The Nigerian National Petroleum Corporation (NNPC) says it will continue to supply 10 per cent of India’s crude oil demand in the face of competing demand for the product from other countries. The Group Managing Director, Malam Mele Kyari, disclosed...

July 12, 2019 No Responses

Reps Task NNPC On Pipelines Protection

The House of Representatives has urged the Nigerian National Petroleum Corporation (NNPC) to protect pipelines in Alimosho Local Government Area (LGA) of Lagos state against vandals. This was sequel to a unanimous adoption of a motion of Urgent National Import...

June 22, 2019 No Responses

Baru Lists Achievements As NNPC GMD

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, on Thursday enumerated landmark progress recorded in the last three years under his watch as helmsman of Nigeria’s national oil corporation. Speaking at his...

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...

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...

May 3, 2019 No Responses

132 Companies Bid For NNPC’s Crude Sales Contract

The Nigerian National Petroleum Corporation (NNPC) on Thursday opened 2019 Direct Sale of Crude Oil and Direct Purchase (DSDP) to its local and international business partners, and potential off-takers and suppliers with 132 organisations indicating interest. ...

April 29, 2019 No Responses

Baru Lauds Ikpea, Lee Engineering Boss

The Nigerian National Petroleum Corporation (NNPC) has pledged to sustain and enhance existing support for indigenous oil and gas companies in line with the spirit and letters of the Nigerian Content legislation which ultimately seeks to enthrone efficient and...

April 8, 2019 No Responses

Shell Nigeria Leads IOCs In Local Content

The Nigerian Content Development and Monitoring Board (NCDMB) on Sunday recognized Shell as the most impactful International Oil Corporation (IOC) on Local Content Initiatives in the Nigerian Oil and Gas industry. The News Agency of Nigeria (NAN) reports that ...

April 7, 2019 No Responses

Firm Stakes $811.7m For Petroleum Terminals

Dutch tank storage company Royal Vopak has reached an agreement with First State Investments on the sale of its petroleum terminals in Algeciras, Amsterdam and Hamburg. The transaction, worth EUR 723 million (USD 811.7 million), is subject to certain condition...

March 25, 2019 No Responses

NLNG, NCDMB sign Nigerian Content Plan for Train 7

Nigeria LNG Limited (NLNG) and Nigerian Content Development Monitoring Board (NCDMB) on Friday signed off the approved plan for Nigeria Content (NC) for NLNG’s Train 7 project which will ensure the delivery of value and benefits to the Nigerian economy....