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NCDMB, NLNG deepen partnership on projects, LPG penetration
$5bn Train-7 project to create 50,000 jobs The Nigerian Content Development and Monitoring Board (NCDMB) and the Nigeria Liquefied Natural Gas (NLNG) Limited will set up a tactical team comprising nominees from both organizations to drive closer collaboration on projects,…
Shell Nigeria Gas deploys firm on domestic gas market survey
Sopuruchi Onwuka Domestic gas supply factor, Shell Nigeria Gas Limited (SNG), has declared engagement of consultants in a far-reaching gas market survey in 33 percent of the states in Nigeria. Shell said in a statement that the survey is to…
Nigeria mops N12.6 Trn in H1 oil income
Eyes N20.4 trn in 2022 Sopuruchi Onwuka Nigeria has accumulated princely $21 billion or some N12.6 trillion oil income in the first seven months of the year, posting an outlook of significant $37 billion or N20.4 trillion for the year….
NGA hosts Learning Solutions series
The Nigerian Gas Association (NGA) has announced a schedule doe for its planned Learning Solutions, a certificated course of study and training program. According to newsletter dissipated by the association which houses all upstream and midstream oil and gas companies…
Savannah Energy, Notore enter fresh GSA
Sopuruchi Onwuka British independent energy company, Savannah Energy PLC, has declared that its local affiliate, Accugas Limited, has inked a new gas sales agreement (GSA) with Notore Chemical Industries PLC (Notore). Savannah brands itself as Africa focused and indirectly owns…
India pointed as Russia sneaks oil export into US
The US has raised concerns that India hid the origin of Russian oil shipped to New York, a top Indian central banker said. Speaking at a recent event in Bhubaneswar, India, Michael Patra, the deputy governor heading monetary policy at…
Aramco, 5 oil majors post $110.9 bn Q2 profit
Sopuruchi Onwuka Five multinational oil majors and one international national oil firm jointly posted whopping $110.9 billion profit in second quarter of the year, amplifying the role of the companies in meeting ever rising global energy demand. The record profit…
FG, electricity workers reach truce, suspend strike
Total national blackout was averted yesterday after the officials of the Ministry of Labour and Productivity engaged electricity workers union in a fruitful negotiation to resolve demands that led to a strike which was capable of pulling down the already…
ExxonMobil-Seplat Deal: When regulator overrides the minister
Sopuruchi Onwuka The sturdy grip of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on the moves by the American multinational petroleum giant, ExxonMobil, to divest its Nigerian affiliate to indigenous independent energy firm, Seplat Energy Plc, has thrown up the…
Large explosions rock Russian military air base in Crimea
Powerful explosions rocked a Russian air base in Crimea and sent towering clouds of smoke over the landscape Tuesday in what may mark an escalation of the war in Ukraine. According to a story by Associated Press, at least one…
