Compensation Stalls 3,050MW Mambilla Power Project
The progress of the 3,050 megawatts Mambilla Hydropower Plant has again been hampered by the issue of compensation payment by the Federal Government to land owners where the power plant is located.
Orient Energy Review gathered that!-->!-->!-->…
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Total, Exxon Demobilize Workers Due to COVID-19, Says Oil Search
Oil and gas companies Total and ExxonMobil have idled workers at the troubled Papua New Guinea LNG expansion project due to the COVID-19 pandemic, project partner Oil Search said in its earnings statement.
The gas project which is!-->!-->!-->…
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Aiteo in discussions with lenders over debt restructuring
Aiteo Eastern Exploration and Production is in debt restructuring talks with its lenders, group managing director Victor Okoronkwo tells The Africa Report.
All parameters of the company’s debt are under consideration as part of the!-->!-->!-->…
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Nigeria begins exports of 950,000MT LNG cargo post COVID-19 lockdown
Nigeria has started the export of 950,000 metric tones of the Liquefied Natural Gas (LNG), worth N354 billion to the global market.
According to the Nigerian Port Authority, NPA’s shipping data; the product was exported through the use!-->!-->!-->…
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OPL 245: Eni CEO, Shell former head, Etete threatened with jail term
*ENI describes prosecutor’s request for conviction as “groundless”
Italian prosecutors have requested Italian court to jail the chief executive officer of En Claudio Descalzi, Paolo Scaroni, his predecessor, former Nigerian petroleum!-->!-->!-->…
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Nigeria burns N281bn in six months as oil firms flare 228.8bscf of gas
Nigeria lost $779.9 million in six months, as oil and gas companies operating in the country flared 222.8 billion standard cubic feet (bscf) of gas from January to June 2020, according to data obtained, yesterday, from the Federal!-->…
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$2.8bn AKK Gas Project Will Boost Growth, Revive Many Moribund Industries – NNPC GMD
The Ajaokuta-Kaduna-Kano Gas Pipeline project when completed will boost growth and revive some moribund industries .
The Group Managing Director, NNPC, Mele Kyari, said this during an exclusive interview with THE WHISTLER.
The!-->!-->!-->!-->!-->…
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Nigeria’s Petroleum Minister sets up committee to review domestic gas pricing framework
Timpre Sylva, Nigerian Junior Petroleum Minister, has set up a committee to examine the domestic gas pricing framework, even as the Nigerian National Petroleum Company (NNPC) said it has continued to increase its gas production in the!-->…
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Shell bolsters domestic gas distribution in Nigeria, increases capacity by 150%
Shell Nigeria Gas (SNG), a wholly-owned subsidiary of Shell Nigeria Exploration and Production Company, has increased its gas distribution capacity by more than 150 per cent.
This follows the completion of its second gas train, the!-->!-->!-->…
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Marketers imported 500,000mt of petrol on resumption – PPPRA
The private marketers had pulled out of the petrol importation business in 2017, when they could no longer cope with the unfavourable market fundamentals and realities at the time, a situation that ushered in the Nigerian National!-->…
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