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Oil & Gas

Downstream Sector Expansion: Wabote tasks Benkline

From John Meze, Lagos Nigerian National Petroleum Corporation (NNPC) has expressed its readiness to collaborate with the Nigerian Mining  and Geosciences Society (NMGS) towards growing the nation’s abundant hydrocarbon reserves. Group Managing Director of the Corporation, Dr. Maikanti Baru, disclosed this shortly, after being conferred with the honourary fellowship of …

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Alternative Power Supply: NCDMB to Partner Greenville LNG

Nigerian Content Development and Monitoring Board (NCDMB) has resolved to collaborate with Greenville Oil and Gas Company Limited on the possibility of using Liquefied Natural Gas (LNG) to provide an alternative source of electricity for the Board’s new 17 storey headquarters building in Yenagoa, Bayelsa State. This discussion was initiated …

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SPDC’s $270m Grant Saves Amni

John Meze, Lagos SHELL Petroleum Development Company (SPDC) may become the sole offtaker of  productions from Ima and Okoro-Setu, both producing oil fields of Amni International, a local oil and gas company operating in the Niger Delta region of Nigeria. According to reliable sources, SPDC and Guaranty Trust Bank have …

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Solid Minerals: States May Lose 13% Derivation

Ministry of Mines and Steel Development has declared that any state government that bans miners from operating in its jurisdiction could lose its share of the 13 percent mining derivation revenue. Mr. O’seun Adewale, the Technical Adviser to the Minister of Mines and Steel Development, made this known in Abuja, …

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NNPC Imports $5.8bn Petrol to End Fuel Crisis

The Nigerian National Petroleum Corporation (NNPC)says it has imported 9.8 million metric tons of Premium Motor Spirit (PMS) worth $5.8 billion to combat the fuel crisis that resurfaced since late last year. This was disclosed by the Group Managing Director of the corporation, Dr. MaikantiBaru, during a public hearing by …

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Petrogress Expands to Nigeria By 2019

Petrogress has concluded arrangements to expand its global operations to Nigeria by signing an agreement with A&E Petroleum Company Limited. According to the company, the partnership with A&E Petroleum would expand the it’s operations into Nigeria, generating enhanced revenue opportunity and strengthening the company’s international reach. The two firms signed …

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Jamb Partner On Safe Water in Nigeria

Eni and the Food and Agriculture Organization (FAO) have signed a Collaborative Agreement to foster access to safe and clean water in Nigeria by drilling boreholes powered with photovoltaic systems, both for domestic use and irrigation purposes. According to FAO, the project aims to contribute to the humanitarian interventions for …

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Shell Partner On Safe Water in Ogoni

Eni and the Food and Agriculture Organization (FAO) have signed a Collaborative Agreement to foster access to safe and clean water in Nigeria by drilling boreholes powered with photovoltaic systems, both for domestic use and irrigation purposes. According to FAO, the project aims to contribute to the humanitarian interventions for …

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