Oil and Gas – Page 6 – City Business News

March 2, 2024 No Responses

NLNG Harps On Critical Role Of Gas To Africa’s Industrialisation

There is real demand for clean energy such as gas in Africa to trigger a massive take-off for industrialization with a growing young population, abundant natural resources, and emerging internal markets, the Managing Director and Chief Executive Officer, Nigeria LNG...

March 1, 2024 No Responses

NNPCL Advocates Collaborative War Room To Tackle Challenges Faced By Independent Producers

February 5, 2024 No Responses

NCDMB Parleys Chevron, To Fast-Track Approvals For Oil Industry Projects

The Nigerian Content Development and Monitoring Board (NCDMB) has restated its commitment to accelerated approvals of requests and documents submitted to it by operating oil and gas companies. According to NCDMB, the goal is to ensure speedy developm...

January 27, 2024 No Responses

Oil Tanker On Fire After Attack

An oil tanker is on fire in the Gulf of Aden, its operator says, after Houthis said they hit it with a missile. The movement said it had targeted the Marlin Luanda on Friday evening. Operator Trafigura told the BBC...

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...

January 22, 2024 No Responses

ExxonMobil Sues Investors

Oil giant ExxonMobil has sued climate activist investors in a bid to prevent their climate proposal from going to a vote at its annual investor meeting. The complaint is against Follow This and Arjuna Capital, which have called on Exxon...

January 13, 2024 No Responses

Dangote Refinery Begins Production

By Moses Ebosele, ebosele@hotmail.com — Dangote Refinery, the largest single-train refinery in the world commenced production on Friday, January 12, 2024. Earlier scheduled to begin operations in June 2023, the oil refinery received its first crude ...

January 13, 2024 No Responses

Total Energies Visits NCDMB, Reconfirms Final Investment Decision For Ubeta Project in 2024

Hopes of new projects that would revitalize the Nigerian oil and gas industry and grow local content appear close to realization as the Managing Director and Country Chair TotalEnergies E&P Nigeria Limited, Mr. Matthieu Bouyer reconfirmed that the company ...

January 11, 2024 No Responses

TotalEnergies Increases Stake In Offshore Blocks 2913B, 2912

TOTALENERGIES has signed an agreement to acquire from Impact Oil and Gas Namibia (Pty) Ltd an additional 10.5% participating interest in block 2913B and an additional 9.39% participating interest in block 2912, both operated by TotalEnergies in Namibia. TotalE...

November 15, 2023 No Responses

Roger Brown: Africa Should Reposition Energy Industry For The Future

Africa should reposition the energy industry for the future and become much more efficient with its energy resources, the Chief Executive Officer, Seplat Energy Plc, Mr. Roger Brown has said. He urged African countries to accept the fact that energy...

November 15, 2023 No Responses

NCDMB Partners SLB, Varsities, Unveil Software Solutions For Oil, Gas Industry

The Nigerian Content Development and Monitoring Board (NCDMB) and SLB, a global technology company on Tuesday in Lagos unveiled the first three products of their joint program, the NCDMB-SLB Technology Enhancement Program (N-STEP), a platform whereby students ...

November 13, 2023 No Responses

NNPC Settles PENGASSAN-Total Energies Rift, Restores Production of 275,000bopd

Following a peace deal brokered on Sunday by the Nigerian National Petroleum Company Limited, NNPCL, between the Management of Total Energies, operator of the NNPC/Total JV, the Petroleum and Natural Gas Senior Staff Association, (PENGASSAN) and the Niger...

October 26, 2023 No Responses

NCDMB Boss Warns Against Tinkering With Petroleum Industry Act

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has advised that making unending changes to the structures set up by Petroleum Industry Act 2021 could kill the confidence of investors and stal...

October 10, 2023 No Responses

NLNG Advocates For Urgent Action To Secure Gains From Gas

Nigeria must be deliberate in its desire to take opportunities offered by the energy transition, the recognition of gas as a transition fuel and the quest for clean energy to increase its gas investment and harvest the gains from gas,...