The Nigerian National Petroleum Corporation pledges support for gas development projects in the country MAIKANTI Baru, group managing director of the Nigerian National Petroleum Corporation, NNPC, has expressed the corporation’s commitment to support any project that would encourage production and utilization of natural gas for the benefit of the nation. Disclosing this recently…
NORTH America will be the major contributor to the growth of global liquefied natural gas, LNG, liquefaction capacity between 2019 and 2023, accounting for around 72% of the total global capacity from planned and announced projects, according to GlobalData, a leading data and analytics company. The company’s report: ‘H1 2019 Global Capacity and Capital Expenditure…
STAR Deepwater Petroleum Limited, a Chevron company and operator of the Agbami unit) and its parties in the Agbami field, Famfa Oil Limited, Nigerian National Petroleum Corporation, NNPC, Equinor Nigeria Energy Company Limited, and Petroleo Brasileiro Nigeria Limited, have received award for their contributions towards eradicating Tuberculosis, TB, in Nigeria. The award was presented to…
Oil prices dropped on Thursday, extending losses into a second consecutive session, following a surprise build in U.S. crude inventories. International Brent crude oil futures were at $67.56 a barrel at 0748 GMT, down 27 cents, or 0.4 per cent, from their last close. Brent closed down 0.2 per cent on Wednesday. U.S. West Texas…
The Nigerian Content Development and Monitoring Board, NCDMB and the Nigeria LNG Limited, NLNG, on Friday signed the Nigerian Content Plan, NCP for the NLNG Train 7 project, taking a big step towards kick- starting the huge gas project that would create a flurry of activities in the oil and gas sector and contribute immensely…
AS the President Muhammadu Buhari’s administration is about to end its first four years on May 29, 2019, gold miners in Zamfara State are lamenting their inability to access the N30 billion mining intervention fund provided to boost activities of operators in the mining sector. This was the…
The Nigeria Extractive Industries Transparency Initiative, NEITI, Thursday, launched a report that would boost the potential of the Nigerian mining sector to increase its contributions to country’s earnings and Gross Domestic Product, GDP. Speaking at the launch of the report titled, ‘Improving Transparency and Governance in Nigeria’s Mining Sector,’ Executive Secretary of NEITI, Mr. Waziri…
….. Set To Commence Groundbreaking Soon The U.S. Trade and Development Agency has commended the management of Eko Petrochemical and Refining Company Ltd. for the level of work done so far,assuring of its continuous and total support. Mr Thomas Hardy, USTDA’s Acting Director gave the commendation at the weekend during a project inspection of the…
There are indications that the Federal Government plans to deploy more coaches and locomotives in the Abuja-Kaduna fast rail to decongest the trains along the route. The plan also coincides with the promise by the Minister of Transportation, Mr Rotimi Amaechi, to ensure the completion of the ongoing construction work on the Lagos-Ibadan standard gauge…
The Nigeria Liquefied Natural Gas (NLNG) Limited, yesterday disclosed that it would take a final investment decision (FID) on its new 8 million metric tonnes per annum (mtpa) Train-7 gas plant by the fourth quarter (Q4) of 2019. The FID on the much publicised $12 billion Train 7 project was earlier scheduled for December last…