The federal government, has directed international oil companies to iimmediately pay nearly US$20 billion in taxes they owed to local states, industry and government in a move that could deter investment in the country, Channel NewsAsia reports. In a letter sent to the companies earlier this year through the Nigerian National Petroleum Corporation, (NNPC) cited…
Nigeria promises to cooperate with the Organisation of Petroleum Exporting Countries to ensure oil price increases by reducing production PRESIDENT Muhammadu Buhari on Wednesday pledged the cooperation of Nigeria to the effort to reduce oil output in order to attract higher prices in the global market. Buhari made the promise during a meeting with…
The Nigeria LNG Limited calls for entries for the 2019 edition of the prizes for science, literature and literary criticism competitions THE Advisory Boards for The Nigeria Prize for Science, The Nigeria Prize for Literature and The Literary Criticism Prize, sponsored by Nigeria LNG, NLNG, Limited, have published the Call for Entries for the…
Shell Nigeria in collaboration with the Petroleum Technology Association of Nigeria places 30 interns with various Nigerian oil and gas service companies to gain industry experience for one year THIRTY engineering graduates have been inducted to the fifth batch of the Shell Nigeria internship programme, a four-year old scheme designed to help young graduate engineers…
The Kenyan government has published a gazette giving notice to land owners along the right of way of the planned crude oil export pipeline to the coast of Lamu. The action is the latest in the series of actions leading up to final sanction of a 140,000Barrels of Oil Per Day oilfield development project, expected…
Sasol is looking to acquire more upstream acreage in West Africa. The company’s only operated upstream acreages outside South Africa are in Mozambique. It has equity in upstream acreage in Gabon and is involved in a midstream project in Nigeria. Sasol says it has strong basin knowledge in West Africa and it is building on…
Nigeria’s Petroleum Explorationists have decided to formalise the search for oil and gas accumulations outside the Niger Delta. They have come together to organise a workshop, to collate the most current thinking on geological basins outside the Delta basin. The Niger Delta basin hosts all of the oil accumulations being produced in Nigeria, with the…
Anadarko, the large American independent, will take the Final Investment Decision (FID) on its proposed, two train, 12Million Metric Tonnes Per Annum liquefied natural gas (LNG) project, in Mozambique, next month, which is March 2019. It is official. Omar Mitha, Chief Executive Officer of the Mozambican state hydrocarbon company ENH, gave the specific date…
Mr Abayomi Awobokun, the Chief Executive Officer, ENYO Retail and Supply Ltd., said the company has invested over eight billion naira into downstream retail business with the aim of expanding market share in the downstream sub-sector. Awobokun said in a news briefing in Lagos on Wednesday that the company was formed by group of Nigerian…
In Angola, the last two turbines of the Laúca hydroelectric plant will be fully operational by June 2019. This announcement was made by Yamba Ambrósio, the chief engineer of the Odebrecht company in charge of the construction of the plant. According to the manager, the project has already reached a physical execution of 90%. The…
