Petroleum Archives — Page 3 of 5

March 4, 2021 No Responses

NPA Receives 18 Ships Laden With Petroleum Products, Expects 13 Others

The Nigerian Ports Authority (NPA) on Wednesday said 18 ships were discharging bulk wheat, fertiliser, bulk gypsum, general cargo, frozen fish, bulk clinker, container, petrol and automobile gasoline. The NPA also said it was expecting 13 others laden with petroleum...

March 2, 2021 No Responses

Seplat Petroleum Declares $530.5m Revenue In 2020, Recommends $58m For Dividend

Seplat Petroleum Development Company Plc,Nigerian independent energy company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE), has announced its audited results for the financial year ended 31 December 2020, recording a reve...

January 13, 2021 No Responses

NPA To Receive 20 Ships Laden With Petroleum Products, Food Items, Others At Lagos Seaport

The Nigerian Ports Authority (NPA) is expecting 20 ships laden with petroleum products, food items and other goods from January 12 to January 25, 2021 NPA in its `Shipping Position’, explained on Tuesday that the ships are...

December 23, 2020 No Responses

Seplat, Waltersmith Seals Crude Purchase Agreement

Seplat Petroleum Development Company Plc, listed on both the Nigerian Stock Exchange and the London Stock Exchange, has signed a Crude Purchase Agreement (CPA) with Waltersmith Petroman Oil Limited. According to Seplat, the CPA is for the supply of between...

November 17, 2020 No Responses

NPA Receives 23 Ships Laden With Petroleum Products, Food Items, Others

Between November 16th and December 3, 2020, the Nigerian Ports Authority (NPA) is to receive 23 ships laden with petroleum products, food items and other goods. NPA explained in its publication, `Shipping Position’, the ships are expected to arrive at...

November 12, 2020 No Responses

Seplat Petroleum Announces Two Outgoing Board Members

Two members of Seplat Petroleum Development Company Plc Board, Mr Michael Alexander and Mrs Ifueko Omoigui Okauru, are to retire from the board, effective January . 31, 2021.Mrs Edith Onwuchekwa, the company’s Secretary and General Counsel, disclosed this in...

November 2, 2020 No Responses

Seplat Shareholders Get $0.05 Dividend

Seplat Petroleum Development Company Plc, a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange 9NSE) and the London Stock Exchange (LSE), has announced its unaudited results for the nine months ended 30 September 2020.&...

October 3, 2020 No Responses

NPA To Receive 15 Ships Laden With Petroleum Products, Frozen Fish,Soya Beans, Others

The Nigerian Ports Authority (NPA) is to receive 15 ships laden with petroleum products, food items and other goods from October 2 to October 10, 2020 NPA in its `Shipping Position’ on Friday explained that the ships are expected to...

July 14, 2020 No Responses

Nigeria, Saudi Arabia Restate Commitment To OPEC

Saudi Arabia and Nigeria have reiterated their firm commitment to the Organisation of Petroleum Export Countries and its allies known as OPEC+ agreement. The Minister of State for Petroleum Resources, Timipriye Sylva, explained that the countries also reiterat...

July 9, 2020 No Responses

Nigeria Explains Deregulation Of Oil Downstream Sector

The Minister of State for Petroleum Resources, Chief Timipre Sylva on Thursday aid the deregulation of the downstream oil sector was to ensure economic growth and development of the country. In a statement, Sylva explained that was unrealistic to continue...

June 7, 2020 No Responses

NPA To Receive 16 Ships Laden With Petroleum Products, Frozen Fish, Soya Beans, Others

The Nigerian Ports Authority (NPA) is expecting 16 ships laden with petroleum products, food items and other goods from June 6 to June 20. NPA in its publication, `Shipping Position,’ explained on Saturday that the ships are expected to arrive...

February 13, 2020 No Responses

Nigeria Discovers Crude Oil In Northeast

The Minister of State for Petroleum Resources, Chief Timipre Slyva, said that about one billion Barrels of Crude oil have been discovered in Northeastern part of Nigeria. Sylva made the disclosure at a news Conference to end the 2020 Nigeria...

February 11, 2020 No Responses

NLNG Train 7: Nigerians To Handle 55% Of Procurement

Nigerian vendors are to handle 55 per cent of all procurement for the execution of Train 7 project, the Managing Director, Nigerian Liquefied Natural Gas (NLNG), Mr Tony Attah, has said. Speaking at the ongoing 3rd Nigeria International Petroleum Summit....

January 3, 2020 No Responses

NNPC Explains N13.23b Trade Surplus

The Nigerian National Petroleum Corporation (NNPC) recorded a trading surplus of ₦13.23billion in October 2019. This represented an increase of 54 per cent compared to ₦8.59 billion surplus posted in September 2019. The Corporation disclosed this in its Mo...