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Industry
FUPRE Set to Unveil First Indigenous Refinery
By Teddy Nwanunobi
The Vice-Chancellor of the Federal University of Petroleum Resources, Effurun (FUPRE), Delta State, Prof. Akpofure Rim-Rukeh, has said that the institution will, in no distant time, unveil a 20,000 capacity!-->!-->!-->…
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PH Refinery: NNPC Sets Eye on 90% Refining Capacity
· Reassures April 2023 completion date
By Teddy Nwanunobi
The Nigerian National Petroleum Corporation (NNPC) has set its eyes to ensure that the target of, at least, 90 per cent refining!-->!-->!-->!-->!-->…
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Rivers State Communities Benefit from Agbami Parties
By Teddy Nwanunobi
Two communities in Rivers State, Ogu and Onne, have benefited a women skills acquisition centre and a town hall, respectively, from the Star Deepwater Petroleum Limited, a Chevron Company and the operator of the!-->!-->!-->…
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Angola’s Sonangol offloads Olombendo crude as ample supply weighs in Nigeria
West African crude differentials are under downward pressure, traders said on Friday, due to ample supplies, although cargoes are finding buyers.
ANGOLA
* State oil company Sonangol has sold an Olombendo cargo to P66 that was on!-->!-->!-->!-->!-->…
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Nigeria: UTM Offshore Signs Contracts With Japanese, American Firms On LNG Floating Plan
UTM Offshore, an indigenous oil and gas company, has commenced the development of its 176 million cubic feet per day Liquefied Natural Gas (LNG) floating plant with the Pre-Front End Engineering Design (Pre-FEED) contract of the facility!-->…
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FG Mulls Subsidy for Transportation of Gas Products
*PEF proposes subsidy for transportation of gas products
*Says policy will tackle inflation in gas products pricing
*Says the PEF will ensure price uniformity across the country
The Executive Secretary, Petroleum Equalization Fund!-->!-->!-->!-->!-->!-->!-->…
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Cyberattack Forces Shutdown Of Major US Gas Pipeline
A ransomware attack forced one of the largest gas pipelines in the United States to shut down. The Colonial Pipeline Company manages a network of 5,500 miles of pipeline from Houston, Texas, to Linden, New Jersey, which supplies about 45%!-->…
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Pitfalls in the PIB
The views and opinions expressed in this article are those of the author and do not necessarily reflect the position of Valuechain!
The Petroleum Industry Bill, PIB, has wandered its way through the National Assembly for two decades,!-->!-->!-->…
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Localization of NLNG now 85%, shipping arm hit 84%
The Nigerianization process at the shipping arm of the Nigerian Liquefied Natural Gas, NLNG,has reached 84 percent while the NLNG Ship Management Limited, NSML is now at 85 percent and the management of the firm is saying that the process!-->…
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Heirs Oil & Gas announces CEO, Board appointments
…Welcomes former senior Shell executive, Osayande Igiehon, as CEO
Heirs Oil & Gas (HHOG), the leading African integrated energy company, has announced the appointment of Osayande Igiehon as Chief Executive Officer, effective May 4,!-->!-->!-->…
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