NLNG to take FID on Train-7 project in Q4 2019 – MD
The Nigeria Liquefied Natural Gas company on Friday announced that it would take a final investment decision on its new eight million metric tonnes per annum Train-7 gas plant by the fourth quarter of 2019.
It said funds were being!-->!-->!-->…
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Limited risk to oil majors’ investments from energy transition – GlobalData
Major oil and gas companies are increasingly highlighting the alignment of their corporate strategies with climate change goals. They are also pursuing major production growth projects, but the value risk to these investments from the!-->…
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NNPC moves to cut fuel imports, signs $50m overhaul contract
The Nigerian National Petroleum Corporation (NNPC) has again announced plans to revamp the nation’s four refineries to help the country save billions of dollars it expends annually on fuel imports.
To this end, the corporation has!-->!-->!-->…
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US commends Eko Petrochemical over progress on refinery project
By Yange Ikyaa
The U.S. Trade and Development Agency has commended the management of Eko Petrochemical and Refining Company Ltd. for the level of work done so far,assuring of its continuous and total support.
Mr. Thomas!-->!-->!-->!-->!-->…
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Buhari vs Atiku: What NUJ told President-elect at Aso Villa
The leadership of the Nigeria Union of Journalists, NUJ, has told President Muhammadu Buhari that some changes must be effected in his government if he wants to succeed in the next four years.
The NUJ gave the advice on Thursday when!-->!-->!-->…
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NNPC plans to revamp refineries to cut fuel imports
Nigeria’s state-oil firm NNPC said it plans to revamp its refineries to help Africa’s biggest crude oil producer to save billions of dollars on fuel imports and has hired Italy’s Maire Tecnimont to tackle the Port Harcourt plant.
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First phase of NNPC’s refineries rehabilitation programme begins
The Nigerian National Petroleum Corporation (NNPC) refineries rehabilitation programme is to commence with the 210,000 barrels per day capacity Port Harcourt Refinery complex.
This is coming after several proposals by the corporation to!-->!-->!-->…
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Nestoil says it will complete its section of the OB3 pipeline by end of March
Ernest Azudialu-Obiejesi, Chairman and Chief Executive of the Obijackson Group, parent of Nestoil Ltd, says that mechanical completion of the Oben Obiafu-Obrikom pipeline, a part of which the company is constructing, will be done by the!-->…
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New refineries set to overrun inefficient plants by 2024
An increase in the number of new refining capacity, expected to extend till the end of 2024, signifies major competition ahead for the oil industry, with possible shutdowns, the International Energy Agency (IEA), said in its Oil 2019!-->…
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NNPC releases guidelines for 2019 crude oil swap contract
The Nigerian National Petroleum Corporation (NNPC) Wednesday unveiled the guidelines for its crude oil-for-product swap programme, known as the Direct Sale and Direct Purchase (DSDP) scheme.
The corporation in a tweet message on its!-->!-->!-->…
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