Oil and Gas Archives — Page 20 of 20

January 21, 2019 No Responses

CBN Lauds $9b Dangote Refinery, Reiterates support For Indigenous Firms

The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele at the weekend in Lagos commended the proposed Dangote Refinery. The CBN Governor also reiterated the apex bank readiness to facilitate access to foreign exchange by manufacturers. Emefiele made the pledge...

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...