… Says Operations Will Not be Impacted by Lagos Pipeline Fire Incident The Nigerian National Petroleum Corporation (NNPC) Thursday in Abuja reported an oil pipeline fire outbreak along Atlas Cove-Mosimi Pipeline, part of the System 2B pipeline in Baruwa Swamp area of Lagos. The corporation said preliminary reports of the incident indicated that the…
(L-R) GMD, Aiteo Eastern Exploration & Production Co. Ltd., Victor Okoronkwo; Executive Secretary, NCDMB, Engr. Simbi Wabote; Minister of State for Petroleum Resources, Chief Timipre Sylva; NLNG MD, Tony Attah; Emmanuel Uleh, Head, NC Compliance Assurance & Monitoring, NLNG The Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), Tony Attah, yesterday,…
OPEC is gearing up to deepen production cuts later this week but still needs to agree with allies such as Russia over details of a deal to support oil prices and head off a looming oil glut next year. The Organisation of the Petroleum Exporting Countries (OPEC) meets on Thursday in Vienna followed by a…
A United Kingdom, UK, court yesterday dropped an application by some leaders of Ejamah Ebubu community in Ogoniland to register the judgement of a Nigerian Federal High Court in the country for enforcement. Claimants had applied to register the judgement to enforce a N183 billion judgment sum, which they claimed was the judgement sum and…
The Managing Director, Rural Electrification Agency (REA), Mrs Damilola Ogunbiyi, on Wednesday said that solar energy was increasing access to electricity by Nigerians in rural and underserved communities. Ogunbiyi made the assertion on the sidelines of the Solar Future Nigeria Exhibition in Lagos. She said: ”Solar energy is beginning to make significant penetration in terms…
The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDM), Mr Simbi Wabote, says the 650,000 barrels per day Dangote Refinery project is an actualisation of Local Content development in Nigeria. Wabote made this known while fielding questions from newsmen at the ongoing 9th Practical Nigerian Content Forum in Yenagoa on Wednesday. The private refinery owned…
Nigerian Liquefied Natural Gas (NLNG) says it is 97 per cent ready to take Final Investment Decision (FID) on its capacity expansion project, the Train 7 project. Mr. Tony Attah,, the Managing Director/Chief Executive Officer, Nigeria LNG Limited, disclosed this at the ongoing 9thPractical Nigerian Content in Yenagoa. He said that the Train 7 project…
Oil and Gas industry stakeholders on Wednesday called for a streamlined regulatory environment to attract investment and make the sector competitive. The stakeholders made the submission at the ongoing Practical Nigerian Content Conference and Exhibitions holding in Yenagoa. The theme of the conference is “Leveraging Local Expertise for Market Growth and Expansion”. During a panel…
Abuja, Dec. 4, 2019(NAN) Nigerian Shippers’ Council (NSC) is collaborating with agencies under the Ministry of Transportation to develop strategies to curb corruption in Nigeria and Africa. The Executive Secretary of NSC, Hassan Bello, said this in a statement made available to News Agency of Nigeria (NAN) in Abuja on Wednesday. ”The maritime and transport sectors are…
Aiteo Eastern Exploration and Production, operators of OML 29, says the activities of oil thieves have assumed alarming proportions, leading to loss of about four million barrels of crude in 2019. Mr Victor Okoronkwo, Managing Director of the oil firm spoke on the sidelines of the ongoing Practical Nigerian Content Exhibition and Conference with the…