Tag: Oil & Gas

224 firms bid for crude lifting contracts
November 25, 2016 No Responses

224 firms bid for crude lifting contracts

Not less than 224 local and foreign firms have submitted bids for the purchase and sale of Nigeria’s crude oil. Speaking at the opening ceremony for the sale and purchase of the crude oil grades in Abuja, the Group Managing...
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NNPC, Shell, Access Bank, First Bank, others sign $2.2b contract deal
November 21, 2016 No Responses

NNPC, Shell, Access Bank, First Bank, others sign $2.2b contract deal

As part of measures to facilitate access to finance for Nigerian suppliers in the oil and gas sector, Shell with the backing of the Nigerian National Petroleum Corporation (NNPC) has signed $2.2b Memoranda of Understanding with eight Nigerian banks under...
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Kachikwu canvasses early repairs of refineries
November 18, 2016 No Responses

Kachikwu canvasses early repairs of refineries

The Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu has called  for the prompt  rehabilitation of the nation’s refineries as part of measures to prevent them from being sold as scrap.   Speaking on Thursday at a stakeholders’...
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NUPENG faults restructuring agenda for NNPC, DPR, PPPRA
November 15, 2016 No Responses

NUPENG faults restructuring agenda for NNPC, DPR, PPPRA

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has advised the Federal Government to desist from its reported plans to scrap the Nigeria National Petroleum Corporation (NNPC), Department of Petroleum Resources (DPR), Petroleum Product Pricing ...
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NNPC redeploys staff, appoints new spokesperson
November 15, 2016 No Responses

NNPC redeploys staff, appoints new spokesperson

The Nigerian National Petroleum Corporation (NNPC) has announced the appointment and redeployment of top management staff across board.   According to Group Managing Director of the Corporation, Maikanti Baru,  the changes were informed by the desire to cons...
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Corruption in NNPC exaggerated, says Minister
October 28, 2016 No Responses

Corruption in NNPC exaggerated, says Minister

(NAN) The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, on Thursday said  corruption in the oil and gas industry was overblown.  Kachikwu who spoke with Journalists after the launch of the new roadmap tagged “The 7 Big Wins”,...
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TOTAL Nigeria gets best customer service award
October 28, 2016 No Responses

TOTAL Nigeria gets best customer service award

For the third time, Total Nigeria Plc has bagged the Nigerian Customer Service Awards as the Best Customer Service Company in the Nigerian Oil &Gas sector. The company had  won the award in year 2014 and 2015.    According to a...
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NLNG to raise $15b, targets 18,000 jobs
October 27, 2016 No Responses

NLNG to raise $15b, targets 18,000 jobs

 The Nigeria Liquefied Natural Gas Limited (NLNG) is to raise $15 billion from the International Capital Market to fund its Train 7 project.   Briefing members of the Senate Committee on Gas led by Senator Bassey Albert Akpan, Managing Director...
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Don’t contemplate another fuel price hike, TUC tells FG
October 26, 2016 No Responses

Don’t contemplate another fuel price hike, TUC tells FG

The Trade Union Congress (TUC) of Nigeria has advised the Federal Government not to contemplate any increase in the price of petroleum products.   The union in a statement on Tuesday described the statement credited to the Group General Manager,...
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‘No plan to increase petrol price’
October 26, 2016 No Responses

‘No plan to increase petrol price’

The Nigerian National Petroleum Corporation (NNPC) has denied reported plan to increase the price of fuel.   In a statement issued by the Group General Manager, Group Public Affairs Division, NNPC, Mr. Garba-Deen Muhammad, the corporation said, “Reference o...
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NNPC proposes commercial production of biofuels
October 6, 2016 No Responses

NNPC proposes commercial production of biofuels

The Nigerian National Petroleum Corporation (NNPC) is to commence large scale commercial bio-fuel venture as alternative to fossil fuel, Group Managing Director (GMD), Dr Maikanti Baru, has said.  Speaking on Wednesday in Abuja at a two-day  Environment Dial...
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Nigeria at 56: TUC seeks viable Oil & Gas sector
October 1, 2016 No Responses

Nigeria at 56: TUC seeks viable Oil & Gas sector

The Trade Union Congress of Nigeria (TUC) has challenged the Federal Government to commence of making Nigeria’s Oil & Gas sector more viable.   In a message to mark Nigeria’s 56 Independence day celebration, TUC President, Comrade Bobboi Bala Kaigama....
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NIMASA boss decries negative impact of oil spills
September 27, 2016 No Responses

NIMASA boss decries negative impact of oil spills

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has said described preparedness and core training as the panacea for handling oil spills in the maritime environment. The Director General said this w...
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Oil workers threaten nationwide strike
September 25, 2016 No Responses

Oil workers threaten nationwide strike

Oil workers under the aegis of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has threatened to shut down the country if the Federal Government should carry out its plan to sell national assets to augment revenue...
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