NLNG achieves 83% of its Nigerianisation target
The Nigerian Liquefied Natural Gas Company, NLNG has said that it has completed about 83 per cent of its Nigerianization process with a view to meeting the 100 percent target by 2022.
In a statement, a subsidiary of the company, NLNG!-->!-->!-->…
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3rd NIPS Awards held in Abuja
The 3rd Edition of the Nigeria International Petroleum Summit's Industry Award held in Abuja, Nigeria on Monday 10th February 2020.
It was a well-attended event that was hosted by Shell Nigeria and saw deserving Oil and Gas Companies!-->!-->!-->…
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FG, U.S. sign $1.1m grant for electricity development
*Benefits of NIPS begin to gather momentum
The Federal Government and United State Trade and Development Agency have signed a 1.1million dollar grant to support electricity infrastructure development in Nigeria.
The agreement was!-->!-->!-->!-->!-->…
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NIPS2020: 3 Front-Runner Events To Watch Out For
Three years after the Federal Executive Council of Nigeria took the final decision to approve the Nigeria International Petroleum Summit (NIPS), an African Petroleum Technology and Business Conference, the third edition of the event is!-->…
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Updates from the ongoing NIPS (Day 3)
The opening ceremony of the Nigeria International Petroleum Summit covered an extensive range of opinions that provided delegates with a refreshing and holistic perspective of the current state of play in the global oil and gas industry!-->…
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NNPC begins work on establishment of biofuel refinery in Kogi
The Nigerian National Petroleum Corporation (NNPC) has begun work on the establishment of Biofuel refinery at Alape in Kogi State.
The Leader of the team, Renewable Energy Department of the NNPC, Mr Danjuma Yakubu who disclosed this!-->!-->!-->…
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Nigeria Petroleum Summit DAY 1:
*Welcome Cocktail Reception/Ice Breaker of the Nigeria International Petroleum Summit held Sunday at the Transcorp Hilton Hotel, Abuja
The Honourable Minister of State for Petroleum Resources, Timipre Marlin Sylva in his welcome speech,!-->!-->!-->…
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NNPC decries rising spate of pipeline vandalism
• As attacks on pipeline surge to 94 per cent
The Nigerian National Petroleum Corporation (NNPC) has decried the rising spate of pipeline vandalism as the attacks on pipeline infrastructure increased by 94 per cent in one month.
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NNPC records 16% increase in gas supply to power in November
The Nigerian National Petroleum Corporation said the daily average natural gas supply to gas-powered plants in November 2019 increased by 16.53 per cent to 645 mmscfd.
The Corporation disclosed this in its Monthly Financial and!-->!-->!-->…
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25% drop in PMS revenue, high cost of sales put MRS in N1bn loss in 2019
MRS Oil Nigeria has announced its unaudited financial statement for 2019, which shows that the downstream firm recorded a loss after tax of N1.1 billion during the period.
The loss was caused by a 28 per cent fall in the company’s!-->!-->!-->…
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