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 to Reuters, Statoil …
Read MoreMonth: February 2018
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 THE PROMOTION AND DEVELOPMENT OF BIO-FUELS …
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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 Tuesday, as the country’s shale oil …
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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 been at least 45 …
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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, CEO Miden System; Sadeeq Mai-Bornu, Deputy …
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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 Abuja last week, he said …
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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 issuance of cabotage waivers. Speaking …
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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 Sector Recovery Programme. It was gathered …
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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 interview with AYOBAMI ADEDINNI , she …
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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 of the most competitive and strategic …
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