Oil & Gas – Page 11 – City Business News

February 21, 2018 No Responses

‘Replicate NLNG Model To Increase Gas Sector Opportunities’

The Deputy Managing Director of Nigeria LNG Limited (NLNG), Sadeeq Mai-Bornu, on Tuesday, said the NLNG business model needs to be replicated in order to generate opportunities for the power and gas sectors in the country. Mai-Bornu spoke at an...

February 21, 2018 one Response

‘Global Energy Market Forecast Favours Gas’

The Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), Tony Attah, on Monday, said projections put gas in the top quartile of the most competitive and strategic investments in the global energy market. Attah spoke at...

February 20, 2018 No Responses

NNPC Seeks Closer Ties among African Countries in Oil Sector

The Nigerian National Petroleum Corporation (NNPC) has called for closer collaboration among African nations not only in oil and gas but across all sectors to leapfrog the economies in the continent. Group Managing Director of the NNPC, Dr. Maikanti...

February 20, 2018 No Responses

NCDMB Injects $200m to Boost Indigenous Participation in Oil, Gas Sector

The Nigerian Content Development and Monitoring Board (NCDMB) said it set aside a 200-million dollar Nigerian Content Intervention Fund (NCIF) to boost participation of Nigerians in the oil and gas sector. The Executive Secretary of the board, Mr Simbi Wabot...

February 16, 2018 No Responses

OPEC Secretary General to Visit Nigeria

The Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), Dr. Mohammed Sanusi Barkindo, will be leading other global oil and gas industry leaders to participate in the Nigeria International Petroleum Summit (NIPS). This was discl...

February 14, 2018 No Responses

NNPC Moves to Recover N100b Landed Property

The NNPC Properties Ltd (NPL), the real estate management company of the NNPC, has commenced the recovery of the corporation’s landed property worth N100b across the nation. This was disclosed by the NNPC Chief Operating Officer (COO) Ventures, Dr....

February 12, 2018 No Responses

NLNG Boss Seeks More Support for Nigeria’s Gas Potentials

The Managing Director of Nigeria LNG Limited (NLNG), Tony Attah, at the 2nd West Africa International Petroleum Exhibition and Conference (WAIPEC) in Lagos, said Nigeria must unleash its gas potentials, and support NLNG’s expansion programme, Train 7 project...

February 12, 2018 No Responses

NSCDC Arrest Petrol Station Manager over Alleged Products Diversion

A petrol station manager has been arrested by the Nigerian Security and Civil Defence Corps for diverting 26,000 litres of petrol from New Nyanya to another location in Akwanga, Nasarawa State. According to an official of the NSCDC, Yusuf O....

February 8, 2018 No Responses

NNPC to tackle fuel scarcity with two Cargoes per day in February

In a bid to keep the country wet with petrol and eradicate the fuel queues that have resurfaced in some cities, the Nigerian National Petroleum Corporation (NNPC) has programmed to bring in two cargoes of petrol per day for the...

February 8, 2018 No Responses

NLNG presents $200,000 to 2017 Literature, Science Prizes winners

Nigeria LNG (NLNG) Limited, on Wednesday at a Public Presentation in Lagos, formally presented The Nigeria Prize for Literature and The Nigeria Prize for Science, which come with a cash prize of $100,000 each, to four winning entries that emerged...

February 5, 2018 No Responses

Total to sell 25% stake to Qatar Petroleum

French oil and gas group, Total, has agreed to sell a 25 per cent stake in the Exploration Block 11B/12B, offshore South Africa, to Qatar Petroleum, in a deal which Total said would strengthen its ties with the Qatari group....

February 1, 2018 No Responses

NNPC seeks PPP arrangement for pipelines

Dr Maikanti Baru, Group Managing Director, Nigerian National Petroleum Corporation (NNPC), on Wednesday said its subsidiary companies would partner with the private sector to build more pipelines across the country. Baru said this in Abuja in a statement by th...

January 25, 2018 No Responses

NNPC Boss Laments Cross-Border Petrol Smuggling

The Nigerian National Petroleum Corporation (NNPC) on Wednesday raised alarm over the sustained nefarious activities of some cross-border fuel smuggling syndicates and hoarders which have so far impeded efforts by the Corporation to sanitize the fuel supply an...

January 24, 2018 No Responses

Oando: Shareholders fault Sanusi’s intervention

The reported intervention of the Emir of Kano, Muhammadu Sanusi in the face-off between Oando Plc and one of its aggrieved shareholders cannot stop a forensic audit planned by the Securities and Exchange Commission (SEC), the Oando Shareholders Solidarity Gro...