Oil & Gas Archives — Page 5 of 21

November 6, 2018 No Responses

NLNG Dividend: Nigerian Senate Probes Alleged NNPC’s Diversion

The Nigerian Senate will on Tuesday further probe claims by the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, on how and why the corporation allegedly diverted the dividends from the Nigerian Liquefied Natural Gas...

November 5, 2018 No Responses

Seaport To Invest In Hydrogen As Fuel

Dutch-Belgian North Sea Port is looking to invest in hydrogen as fuel when opportunities arise, a representative of the port told World Maritime News at Offshore Energy Exhibition & Conference 2018 in Amsterdam. “We recently commissioned a pipeline from ...

November 2, 2018 No Responses

ExxonMobil To Produce Marine Gasoil, Diesel

ExxonMobil has started operations of a new unit at its Antwerp refinery in Belgium to convert heavy, higher-sulfur residual oils into high-value transportation fuels such as marine gasoil and diesel. As explained, the new 50,000 barrel-per-day unit expands t...

November 1, 2018 No Responses

Dangote Refinery Explains Agenda For Euro V Specification

Dangote Oil Refinery Company (DORC) says the 650,000 barrels per day refinery has been designed to process a variety of light and medium grades of crude and produce extremely clean fuels that meet Euro V specification. Sulphur in petroleum fuels...

October 31, 2018 No Responses

Russia, UAE Partner NNPC On Oil, Gas Development

The Russian Federation and the United Arab Emirates have expressed their readiness to expand their scope of partnership with the Nigerian National Petroleum Corporation (NNPC) in the upstream, midstream, downstream and services sectors to further boost their v...

October 30, 2018 No Responses

NEITI: NNPC, Oil Firms Yet To Remit $22b, N481b To Federation Account

The Nigerian National Petroleum Corporation and other stakeholders in the industry are yet to remit 22.06 billion dollars and N481.75 billion to the Federation Account, the Nigeria Extractive Industry Transparency Initiative (NEITI) has said. NEITI made this k...

October 29, 2018 No Responses

Shipping Firm To Supply LNG For New Bulkers

Finnish shipping company, ESL Shipping and Hamburg-based Nauticor have signed a long-term contract for the supply of liquefied natural gas (LNG) in the port of Oxelösund in Sweden. Under the deal, Nauticor will provide the environmentally friendly fuel for ES...

October 8, 2018 No Responses

Firm Seals $75.9m LNG Carriers Deal

Keppel Offshore & Marine (Keppel O&M) has signed two additional contracts with Stolt-Nielsen Limited, following the exercise of options to build two additional small-scale LNG carriers. The deal, signed through the companies’ subsidiaries Keppel Sin...

October 5, 2018 No Responses

Ibe Kachukwu: Refineries Will Be Fully Functional Before 2019 Ending

The Minster of State for Petroleum, Dr Ibe kachukwu, has said that it would be sad if the nation’s refineries are not functional by the end of 2019. According to him, the present administration is committed to ensuring that the importation...

September 27, 2018 No Responses

Nigeria Approves $64m Contract For Escravos Power Supply

Nigeria’s Federal Executive Council (FEC) meeting on Wednesday approved $64 million for power supply to Escravos communities. Minister of State for Petroleum Resources Ibe Kachikwu made this known at the end of the FEC meeting chaired by Vice President Yem...

September 21, 2018 No Responses

NNPC Records 48% Reduction In Pipeline Vandalism

The Nigerian National Petroleum Corporation (NNPC) says it has recorded a 48.21 per cent reduction in the rate of pipeline vandalism in the month of April 2018. The corporation disclosed this in its monthly Financial Report, released in Abuja,...

September 14, 2018 No Responses

Union Raises Concerns Over Workplace Safety At Terminal

The Maritime Union of Australia has raised concerns over unsafe working conditions at the Victoria International Container Terminal (VICT). Namely, the trade union’s Deputy National Secretary Will Tracey informed that a rise in work hours and inadequate ...

September 9, 2018 No Responses

Capes To Install Scrubbers

The exhaust gas cleaning system or the scrubber has been the buzzword for the industry ahead of the approaching 2020 sulphur cap. Industry opinions vary on whether to proceed with the installation of scrubbers or pursue other options like marine...

September 6, 2018 No Responses

NLNG Photo News

L-R: Ambassador of Turkey, His Excellency Mr. Melih Ulueren; Ambassador of Portugal, His Excellency António Pedro da Vinha Rodrigues da Silva; Managing Director/CEO, Nigeria LNG, Tony Attah; British High Commissioner, His Excellency Mr Paul Arkwright; and D...