Petroleum – Page 3 – City Business News

September 22, 2021 No Responses

Nigeria In Talks With OPEC+, To Raise Quota

Nigeria is in talks with OPEC+ to raise its oil production quota to about 2.2 million barrels per day, the OPEC member’s petroleum minister told reporters on Tuesday in Dubai.“What we’re getting right now is 1.74 million barrels per day (bpd) we think...

September 14, 2021 No Responses

Shell Begins One-Year Vocational Training For 40 Imo youths

The Shell Petroleum Development Company of Nigeria Limited (SPDC) has commenced a one-year professional and vocational training for 40 youths from the SPDC Joint Venture host communities of the Assa North and Ohaji South gas project in Imo State. “The....

July 7, 2021 No Responses

Opinion: Sylva: The Man With The Midas Touch Turns 57

By Ojie Ejemhen — It is William James, a philosopher, who says, “It is our attitude at the beginning of a difficult task which, more than anything else, will affect its successful outcome.” For those who know the Minister of State...

May 7, 2021 No Responses

Photo News

Chief Timipre Sylva Minister of state Petroleum Resources Receiving a plaque from Dr Billy Gillis-Harry National President Petroleum Product Retail Outlets Owners Association of Nigeria (PETROAN), at the Nigeria National Petroleum Corporation (NNPC) Towers, Ab...

March 19, 2021 No Responses

Shell MD Seeks Multilateral Approach In Oil, Gas Sector

Managing Director, Shell Petroleum Development Company (SPDC) of Nigeria, Mr Osagie Okunbor, has called for a multilateral approach towards efficient oil and gas sector in Nigeria. Okunbor made the call on Thursday in Abuja, at the “Soc...

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 wi...

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...