By Yunus Yusuf Mr Philip Mshelbila, Managing Director of Nigeria Liquefied Natural Gas (LNG) Ltd., says Africa’s energy sector needs over 200 billion dollars in annual investments to meet its energy and climate goals. Mshelbila spoke at the networking session reception, hosted by Nigeria LNG in Berlin, Germany,Continue Reading
By Emmanuella Anokam The Port Harcourt Refining Company Limited (PHRC) on Tuesday began the first tuck-out of petroleum products in view of the re-streaming of the rehabilitated facility. The News Agency of Nigeria (NAN) reports that the re-streaming and truck loading signaled the commencement of crude oil processing from theContinue Reading
By Emmanuella Anokam The Port Harcourt Refinery, managed by the Nigerian National Petroleum Company Limited (NNPC Ltd.) through the Port Harcourt Refining Company Limited (PHRC) has commenced operations after undergoing rehabilitation and modernisation. The refinery with 210,000 bpd refining capacity located at Alesa, Eleme, in Port Harcourt, comprises two operationalContinue Reading
By Naomi Sharang Dr Kletsaint Akor, Chairman, Proponent Council, National Democracy Stakeholders Group (NDSG), has called on stakeholders to build a democracy that will deliver peace, prosperity and justice for citizens. He made the call at the opening of Nigeria Democracy Week 2024, tagged: “Quarter of a Century of SustainedContinue Reading
By Emmanuella Anokam The Nigerian National Petroleum Company Limited (NNPC Ltd.) has pledged to work closely with stakeholders in the sports sector to develop and commercialise sports, especially football, in Nigeria. Mr Mele Kyari, Group Chief Executive Officer (GCEO), NNPC Ltd., made the pledge on Thursday while receiving a delegationContinue Reading
$50m Nigerian content fund catalyst to oil sector development—NCDMBContinue Reading
By Yunus Yusuf The Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the country’s daily petrol consumption currently ranges from 45 million litres to 50 million litres. NMDPRA’s Chief Executive Officer, Mr Farouk Ahmed, disclosed this while speaking on the sideline of the ongoing 18th Africa Downstream Energy WeekContinue Reading
By Emmanuella Anokam The Ministry of Finance Incorporated (MOFI) and other stakeholders are partnering to provide N10 billion credit to Nigerians for Compressed Natural Gas(CNG) conversions. The stakeholders are Nigerian Consumer Credit Corporation (CREDICORP) and the Presidential Initiative on Compressed Natural Gas (Pi-CNG). At the agreement signing on Wednesday inContinue Reading
By Emmanuella Anokam The Host Communities of Nigeria Producing Oil and Gas (HOSTCOM), says litigations is delaying the Host Community Development Trust (HCDT) Fund creation and implementation. HOSTCOM said pending issues by host communities in choosing members and chairman of the Board of Trustees (BoT), also delayed the implementation ofContinue Reading
By Emmanuella Anokam The SPDC Joint Venture partners have signed a Gas Sales and Purchase Agreement (GSPA) for the $3.5 billion Brass Fertiliser and Petrochemical Company Limited (BFPCL) project. The SPDC JV partners, comprising NNPC Ltd, Shell Petroleum Development Company (SPDC), TotalEnergies Ltd. and Eni would supply 270 million standardContinue Reading
