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Industry
NLNG blames supply deficit for rising price of LPG
Nigeria Liquefied Natural Gas (NLNG) Limited has said its production alone cannot meet the country’s domestic demand for Liquefied Petroleum Gas (LPG) popularly known as cooking gas.
NLNG also stated that it delivered a total of 375,000!-->!-->!-->…
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First cargo of new Nigerian crude grade Anyala enroute Europe
The first export cargo of Nigeria’s newest crude grade, Anyala, is on its way to Northwest Europe, trading and shipping sources disclosed to S&P Global Platts Monday.
The Aframax Minerva Clara loaded a 700,000 barrel stem of Anyala!-->!-->!-->…
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Buhari to Inaugurate National Oil, Gas Centre Thurs
President Muhammadu Buhari will on Thursday virtually inaugurate the National Oil and Gas Excellence Centre (NOGEC) Lagos, as part of effort to boost the operations of the Nigeria oil and gas sector.
The Director of Department of!-->!-->!-->…
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NNPC Records $120.49m Crude Oil Receipt in September
The Nigerian National Petroleum Corporation (NNPC) has announced a total export receipt for crude oil and gas valued at $120.49 million for the month of September 2020.
A press release by the Group General Manager, Group Public Affairs!-->!-->!-->…
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Shell Kicks as Rivers Seizes Assets over Refusal to Pay N182bn Judgment Debt
Despite two Supreme Court judgments, Shell Petroleum Development Company of Nigeria Limited (SPDC) has refused to pay the Ejama-Ebubu community in Tai Eleme Local Government Area of Rivers State, the sum of N182 billion in judgment debt!-->…
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Africa Oil and Power Appoints Tori Abiola Conference Director
Africa Oil and Power (AOP), the continent’s leading investment platform for the energy sector has appointed Olatorera (Tori) Abiola as International Conference Director.
Tori Abiola is an Economic and Politics graduate of SOAS!-->!-->!-->…
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Lower refinery runs across Africa in January
Refinery runs in Africa are expected to decline in January, partly on limited demand recovery and partly on extended outages in South Africa, according to S&P Global Platts Analytics.
The Engen refinery in Durban — the second!-->!-->!-->…
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Elumelu’s TNOG acquires 45% of OML 17 from Shell, Total, ENI in $1.1bn deal
Heirs Holdings, in partnership with Transnational Corporation of Nigeria Plc, on Friday announced the “unconditional acquisition” of a 45 per cent participating interest in OML 17 through TNOG Oil and Gas Limited, their associated company.!-->…
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VP Osinbajo meets stakeholders in oil & gas sector over PIB
Vice-President Yemi Osinbajo on Tuesday met with some stakeholders in the oil and gas industry to continue Federal Government’s consultations ahead of the passage of the Petroleum Industry Bill currently before the National Assembly.
In!-->!-->!-->…
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96 companies bid to rehabilitate NNPC pipelines, depots
No fewer than 96 companies have indicated interest in undertaking the rehabilitation of the Nigerian National Petroleum Corporation’s (NNPC) downstream infrastructure ranging from critical pipelines to depots and terminals through the!-->…
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