TH PNC FORUM TO DISCUSS NIGERIAN CONTENT OPPORTUNITIES IN GAS SECTOR AND HOW TO DEEPEN NIGERIAN CONTENT WITH THE SEVEN (7) MINISTERIAL REGULATIONS Over the last 12 years Practical Nigerian Content Forum (PNC), an event focused on local contents in the oil and gas sector, in partnership with Nigerian Content Development and Monitoring Board (NCDMB)…
ExxonMobil denies shipping Russian oil to Britain amid sanctions Oil giant ExxonMobil has denied shipping thousands of barrels of Russian oil to Britain in a fresh controversy after eyebrows were raised at recent shipments to its factory in light of sanctions on the Eastern European nation. The firm claims that contrary to reports claiming it…
Traditional hydrogen blending could damage gas pipelines Researchers at the University College London have revealed in new research that the pumping of hydrogen into gas networks pose risks and that usual blending techniques require rethinking. The study, published in the International Journal of Hydrogen Energy quoted by pv magazine stated, “The strongly inhomogeneous distribution of hydrogen within…
Crude Oil Theft: NNPC Ltd launches Monitoring Apps The Nigerian National Petroleum Company Limited (NNPC Ltd.) launched ‘Crude Theft Monitoring Applications’ to curb oil theft and pipeline vandalism. The launching took place on the sideline of the signing of renewed Production Sharing Contracts (PSCs) agreements between NNPC and its partners in Oil Mining Leases. The…
EU Gas Flows through Nord Stream Steady amidst Russia/Ukraine War Russian gas flows to Europe via the Nord Stream pipeline and via Ukraine remained steady on Friday, operator data showed. Physical flows via the Nord Stream 1 pipeline from Russia to Germany were at 14,575,401 kilowatt hours per hour (kWh/h) for 0800-0900 CET, similar to…
NNPC, Shell, Chevron, Renew PSC Leases The Nigerian National Petroleum Company (NNPC) Ltd, and its Production Sharing Contract (PSC), contractors negotiated renewed PSCs leases. During an end to mark the landmark achievement held at the NNPC Towers in Abuja, the parties renewed their agreements in five Oil Mining Leases (OMLs 128, 130, 132, 133 and…
Imminent Strike as IPMAN threatens to shutdown depots The Independent Petroleum Marketers Association (IPMAN), South East Zone, has threatened to shut down depots in Calabar, Port Harcourt and Enugu over incessant police harassment of its leaders. Mr Robert Obi, Cross River Chairman, IPMAN, made the threat on Friday in Calabar in an interview with newsmen….
Oil Derivation: Bayelsa receives N31.84bn in May and June 2022 The Bayelsa State Government has announced that the state received the sum of N31.84billion from the derivation revenue of 13percent of the value of crude oil produced in the state in the months of May and June 2022. While the Bayelsa state received N17.82billion from…
NCDMB Partners Siemens Energy, Commence Training Of 60 Bayelsa Teachers On STEM The Nigerian Content Development and Monitoring Board (NCDMB) in partnership with Siemens Energy has commenced the training of 60 primary school teachers in Bayelsa state. The training is targeted at introducing innovative teaching of Sciences, Technology, Engineering and Mathematics (STEM) education to the…
CNL Showcases Investment in Local Content for 2021 Report Chevron Nigeria Limited (CNL) showcases Corporate Social Responsibility (CSR) report of company’s multimillion naira investments in Nigerian local content. It revealed in its 2021 CSR report where it stated its investment in Nigerian Content was approximately $863,110,905.70, with approximately $214,418,107.76 spent on materials and services provided…