MOSOP Flays NEPL over Planned Oil Resumption in Ogoniland The Movement for the Survival of the Ogoni People, MOSOP has accused the NNPCL, Newcross Exploration & Production Limited (NEPL) of plans to forcefully resume oil production in Ogoni without addressing legacy issues including community concerns for development and the environment. NPDC, a subsidiary of the…
CNL Decries the Circulation of False Recruitment Information Chevron Nigeria Limited (“CNL”), operator of the Nigeria National Petroleum Company Limited (“NNPCL”) and CNL Joint Venture, has dissociated itself from all false job adverts and offers published in newspaper, web site, email, poster, handbill or any other medium. The company alerted members of the public to…
Saudi Aramco to Develop 400 mcf per day Iraqi Gas Field – Iraq Oil Minister Saudi oil giant Aramco will develop a gas field in Iraq that could produce more than 400 million cubic feet of gas per day, Iraqi Oil Minister Hayan Abdel-Ghani said recently. Aramco will invest and develop the Akkas gas field…
Fall in LNG Price Attracts Emerging Market Buyers The decline in LNG prices has recently attracted buyers from emerging economies in Asia and South America who were unable to afford sky-high prices last year. Southeast Asia and Latin America were the biggest buyers of spot LNG for a second consecutive quarter in the first quarter,…
Zungeru Hydro Power Begins Operation, Supplies 700MW to National Grid– Power Minister The $1.2 billion Zungeru Hydro station has commenced operations and is supplying 700 megawatts, MW, of power to the national grid. Disclosing this in Abuja, the Minister of Power, Engr Abubakar Aliyu, said the plant was hooked onto the national grid after two…
UK Expected To Win Battle With Spain For Jaguar-LandRover EV Gigafactory The UK is set to win a battle with Spain for the production of a multi-billion pound Jaguar Land Rover (JLR) electric vehicle battery plant, which could create up to 9,000 jobs. The report, revealed by the BBC today, says although a deal is yet to…
11 PLC Holds its 45th AGM …Company’s profit after tax grew by 200 per cent to N18 billion in 2022 as against N6.08 billion in 2021. Foremost Nigeria downstream company, 11 PLC, held its 45th Annual General Meeting (AGM) which has been growing in leaps and bounds over the years. The event offers a veritable…
PETAN’s Felicitation on Dangote Refinery Opening The Executive Board and Members of the Petroleum Technology Association of Nigeria (PETAN) joins millions of Nigerians and the rest of Africa in lauding the commissioning of the Dangote Refinery, which has brought us closer to becoming the Energy Hub of Africa. It is indeed a remarkable time in…
Buhari Unveils N19.6bn Customs Headquarters in Abuja Nigeria’s outgoing President, Muhammadu Buhari, on Tuesday in Abuja commissioned the new headquarters of Nigeria Customs Service (NCS) built at the cost of N19.6 billion. The building, known as Customs House, is located in the Maitama area of the Federal Capital Territory, Abuja. The building has a 12-floor…
HINEN unveils “Bring the Sunshine at Night” Energy Solution The Solar Africa Expo 2023 ended perfectly. HINEN (www.Hinen.com) achieved great success at the exhibition with the innovative concept “Bring the Sunshine at Night”, generating the sunshine and storing it in the battery system in the daytime, then outputting solar power at night. During the exhibition,…
