Gov. Babajide Sanwo-Olu of Lagos State on Wednesday lauded the donation of Medical Emergency Response Equipment to the General Hospital, Odan, Lagos by two oil companies. Sanwo-Olu spoke on Wednesday in Lagos at the inauguration of medical equipment donated by the Nigerian National Petroleum Corporation (NNPC) and Shell Nigeria Exploration and Production Company Ltd. (SNEPCo)…
The Transmission Company of Nigeria (TCN) has announced plans to acquire helicopters for fault detection across its transmission line network in the country. TCN’s Managing Director, Mr Usman Mohammed, said this on Wednesday on the sideline of the ongoing three-day International Conference on Energy, Power Systems Operations and Planning, ICEPSOP 2020, in Abuja. The theme…
The Nigerian National Petroleum Corporation (NNPC) complies with the provisions of the law and Federal Government policy and regulations to include every segment of the Nigerian society in its recruitment policy. The Group Managing Director of the corporation, Mele Kyari, made this assertion Wednesday during the visit of the Acting Executive Chairman of the Federal…
The Transmission Company of Nigeria (TCN) says it has successfully completed the installation and commissioning of another power transformer in its Asaba Transmission Substation in Delta State. The TCN’s General Manager, Public Affairs, Mrs Ndidi Mbah, disclosed this in a statement issued in Abuja on Tuesday. Mbah said that this was the first time the…
Libya’s National Oil Company has confirmed that is has lost virtually all of its oil production, at 1.2 million barrels per day of oil production, and $77 million in daily financial loss, according to the Libya Herald. NOC has confirmed that the ports of Hariga, Brega, Sidra, and Ras Lanuf ports are closed and under force majeure….
The gas market is suffering from oversupply, as the shale industry has drilled the market into another bust. The share prices for top gas players were deep into red territory on Friday. Range Resources, for instance, was off by more than 8 percent. The story has been the same for quite a while. Natural gas…
Due to work that will soon take place on the West African gas pipeline (WAGP), gas availability will be limited to Lomé, Cotonou and Accra, for the first quarter of 2020. Indeed, according to a press release from WAPCo (West African Gas Pipeline Company), the network will be the subject, from Monday, January 20, of…
Official signing of the agreement by Jide Jadesimi, LADOL Executive Director Business Development (right) and Harmen Tiddens, General Manager Mammoet West Afri Nigerian Lagos Deep Offshore Logistic Base (LADOL) and Mammoet, the global leader in engineered heavy lifting and transport, are proud to announce a strategic partnership. The partnership is aimed at expanding LADOL’s…
LONDON (Reuters) – Commodities trader Vitol has signed a 10-year deal with Nigeria Liquefied Natural Gas (NLNG) to buy 500,000 tonnes of LNG per year, ramping up its long-term presence on the market. Commodity houses, including Vitol rivals Trafigura and Gunvor, are increasingly expanding their traded spot cargo volumes with multi-year LNG deals as a…
Ebonyi State Government on Tuesday sacked all contractors handling the construction of the State International Market along Abakaliki/Ogoja highway. According to the government, Governor David Umahi approved their disengagement following slow pace of work at the site. Recall that January 10th was slated for the commissioning and relocation of the traders but the Governor shifted…
