The Minister of Petroleum, Industry and Mineral Resources of the Kingdom of Saudi Arabia, Khalid Al-Falih, Wednesday, held talks with the Federal Government of Nigeria as parts of effort to bring about a stabilisation in the crude oil price and in the international crude oil market. Speaking during a visit to the Minister of Petroleum…
The inaction of the Nigerian Government with respect to delayed approval for projects in the Benin embayment, is currently stalling investments in the area, and threatening the resolve by the current government to grow its oil reserves. Investment running into billions of dollars that could have poured into Nigeria’s Benin embayment and the economy is…
Matrix Energy Limited has said its investment in Liquefied Petroleum Gas (LPG) in Nigeria is more of social responsibility with the ultimate aim to raise awareness of energy consumers to cleaner and cheaper energy. The Chief Marketing Manager, Mrs. Toyin Sowumi who disclosed this recently at a ‘Meet Your Customers Forum’ in Warri also said…
Chevron Nigeria Limited at the 36th International Conference and Exhibition of the Nigerian Association of Petroleum Explorationists (NAPE), in Lagos, said more exploration activities to find new resources and increasing reserves from discovered assets, would help in growing Nigeria’s overall hydrocarbon reserves. The General Manager, Asset Development and Exploration, CNL, Kunle Adeyemo, said Nigeria has…
THE billionaire businessman, Dr. Louis Ekere, Chief Executive Officer, Homeland Integrated Offshore Services Limited, is a man of great feats, who has made several contributions toward the development of many sectors of the economy, especially oil and gas. Consequently, it was not surprising when he was conferred with the much-talked-about Doctorate Degree by Trinity International…
Nigeria Liquefied Natural Gas (NLNG) has offered a cargo for loading in December, three industry sources said on Tuesday. The company has likely offered the cargo through private negotiations and it was not immediately clear if it was a firm offer, one of the sources said. NLNG can produce 22 million tonnes of LNG a…
Dear Participants / Interested Party, I write further to my previous e-mail on the “Flare Gas (Prevention of Waste and Pollution) Regulations 2018” which provides a legal framework for the implementation of the Nigerian Gas Flare Commercialization Programme [NGFCP] to provide you with an update on the Programme. We are pleased to announce the first bid round for the flare gas…
Aquaterra Energy, a leader in global offshore engineering solutions in conjunction with Maerlin Nigeria Ltd, its local partner, has been awarded a contract by FIRST Exploration and Petroleum Development Company Ltd (FIRST E&P) to design, engineer and install two non-identical Sea Swift conductor-supported offshore platforms in the Niger Delta Basin. The platforms are destined for…
President Muhammadu Buhari will be joining over 80 Heads of State to attend the 24th Session of the Conference of the Parties (COP24) to the United Nations Framework Convention on Climate Change (UNFCCC). The conference will be held in Katowice, Poland from December 2 to 14, 2018. The conference is organised by the Bonn-based UNFCCC/UN Climate Change) and…
As an obligation by all Parties to the UNFCCC to organise the National Talanoa Dialogue towards taking stock of the progress on climate actions and report to the Convention, Nigeria obliged and is set to present the document at the upcoming climate talks in Poland. The report, following participation by numerous entities, represents their views…