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Sonatrach signs new 10-year LNG agreement
Grain LNG and Sonatrach have signed a 10-year agreement that will extend Sonatrach’s long-term storage and redelivery capacity at the Grain LNG terminal in the UK from January 2029. This is the first agreement covering an import capacity of 125…
Seplat awarded Outstanding Energy Company
Sopuruchi Onwuka Indigenous energy independent, Seplat, has been awarded the Outstanding Energy Company for 2023. The leading Nigerian independent energy company which is listed on both the Nigerian Exchange Limited (NGX) and the London Stock Exchange (LSE) was given the…
Nigeria missing in 2024 frontier exploration programmes __Rystad
Sopuruchi Onwuka Nigeria which has the most developed petroleum exploration and production plays in Africa is missing in new exploration drilling campaigns mapped by world’s biggest operators in the continent; highlighting the persisting investment apathy by distraught players protesting stringent…
US licensing impasse sends panic shockwaves in LNG market
Sopuruchi Onwuka The challenges faced by natural gas liquefaction and export promoters in the United States of America is set to unsettle and reorder the pattern flow to the export market as key importers begin to shop medium to long…
NNPC, WAGC, Temile build LPG carriers
Sopuruchi Onwuka Nigeria is working up its position in the global gas liquids supply niche with more trading vessels underway to bridge supply gaps between the domestic and international fuel markets. According to the Nigerian National Petroleum Company (NNPC) Limited,…
Italy hosts development summit Africa’s devpt, migration
Italian Premier Giorgia Meloni opened a summit of African leaders on Monday aimed at illustrating Italy’s big development plan for the continent that her government hopes will stem migration flows, diversify sources of energy and forge a new relationship between…
Geometric to fire up 188 MW in February
Sopuruchi Onwuka Nigeria’s first private integrated power firm, Geometric Power Limited, is to fully activate full value power generation and distribution operations next month when it is expected to start receiving lean gas supplies from the Nigerian Exploration and Production…
Kyari insists NNPC Ltd withheld no public fund
Sopuruchi Onwuka Nigerian National Petroleum Company Limited has declared that it has not failed to remit statutory oil income to the federation account as earlier made public in the damning report f the Nigerian Extractive Industry Transparency Initiative (NEITI). Group…
Gas presents new window for Europe’s petroleum investments
Africa’s quest for commercial opportunities from its abundant natural gas resources and Europe’s growing demand for cleaner and more energy will dominate the discussions at the upcoming Invest in African Energy (IAE) forum in Paris in May. Organizers declared in…
Wilson begins pre-FEED, EPC for Nigerian FLNG projects
Sopuruchi Onwuka Nigeria’s gas export prospects are ramping up with more private investments in small and medium scale liquefaction projects offshore Niger Delta, a new development model outside the traditional Nigeria LNG which is also expanding its capacity with new…
