Monthly Archives: February 2018
Africa Crude-Spot trade slows as string of tenders emerges
India’s IOC took a total of three million barrels of Nigerian crude oil in tenders early this week.
The grades included Agbami, Usan and Okwuibome.
According...
NNPC, Kogi to Produce 84 Million Litres of Bio-fuel
KOGI STATE GOVERNOR, ALHAJI YAHAYA BELLO AND THE GROUP MANAGING DIRECTOR OF NNPC, DR. MAIKANTI BARU SIGNING THE MEMORANDUM OF UNDERSTANDING FOR COOPERATION IN...
U.S. to overtake Russia as top oil producer by 2019 at latest -IEA
The United States will overtake Russia as the world’s biggest oil producer by 2019 at the latest, the International Energy Agency (IEA) said on...
ExxonMobil’s PNG LNG plant remains shut after quake
The ExxonMobil-operated PNG LNG export project remains closed following a magnitude 7.5 earthquake that struck on Monday in Papua New Guinea’ Southern Highlands.
There have...
NLNG pledges full commitment to zero fatality, injuries
(L-R) Rohit Gupta, CEO CFS; Tayo Oginni, GM, Production (NLNG); Akin Osuntoki, CEO Richardson Oil and Gas; Tony Attah, MD/CEO NLNG; Dr I.B Usoro,...
FG targets $15/barrel oil production cost
By Ayobami Adedinni
The Federal Government is targeting a reduction in production cost, Minister of state for Petroleum Resources, Ibe Kachikwu, has said.
Speaking in...
NIMASA, Transport Ministry flouting Cabotage Act—House C’ttee
Oluyinka Onigbinde
The Nigerian Maritime Administration and Safety Agency, (NIMASA) and the transport ministry has been accused of flouting provisions of Cabotage Act in the...
Power Sector Recovery: FG, W’Bank in discussion for $1bn loan
The Federal Government and the World Bank are in the final stage of negotiation for the release of $1bn performance-based loan for Nigeria’s Power...
Azuri blazing the trail in West Africa’s Solar Energy Industry – Nwanze, GM
The General Manager ,West Africa, Azuri Technologies Ltd, Mrs. Vera Nwanze is a focused, dynamic, passionate team leader with "Can Do" attitude. In this...
Global energy market forecast favours gas – Tony Attah
The Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), Tony Attah, on Monday, said projections put gas in the top quartile...