Total partners with Siemens Energy to reduce LNG related emissions

Mordi Chukwunonso Esther Total and Siemens Energy has signed a Technical Collaboration Agreement to study sustainable solutions for CO2 emissions reduction. The collaboration will focus on natural gas liquefaction facilities and associated power generation. Total is the world’s second largest privately owned LNG player, with a global portfolio of nearly 50 Mtpa by 2025 and a global market…

We have not given up on the Ajaokuta Steel Plant – Adegbite

Daniel Terungwa The Minister for Mines and Steels Development, Engr. Olamilekan Adegbite, has said that although works on the Ajaokuta Steel Plant was stalled owing to the COVID-19 pandemic, the President Buhari led admiration has not totally given up on the project. The Minister who made this known in a recent interactive session with journalists in…

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OPEC sees increased demand for refined products

Mordi Chukwunonso Esther Economists at the Organization of the Petroleum Exporting Countries (OPEC) has said that gasoline and diesel demand would drive overall growth, but not enough to reach pre-pandemic strength. OPEC in its monthly market report for April reported that demand growth would accelerate in the second half of the year. The report read: “Gasoline…

East Africa: French, Chinese Oil Firms Seals Controversial Pipeline Deal With Uganda,Tanzania

Daniel Terurngwa The Ugandan and Tanzanian governments have signed a series of agreements with oil companies Total of France and the Chinese National Offshore Oil Corporation. The deal paves the way for the construction of a pipeline to carry crude oil from Uganda to a Tanzanian port on the Indian Ocean. French and Ugandan environmental…

NNPC to establish gas power plant in Maiduguri

Mordi Chukwunonso Esther  The Nigerian National Petroleum Corporation (NNPC), in collaboration with other stakeholders, is to establish a gas power plant in Maiduguri to address the problem of power supply in Borno. The Group Managing Director (GMD) of NNPC, Mr Mele Kyari, made this known on Friday in Maiduguri during a courtesy call on Gov….

APM Terminals, Apapa, procures 7 new Forklifts

– Becomes best-equipped port terminal in Nigeria. Daniel Terungwa APM terminals, Apapa, has acquired seven new forklifts to aid customs examination and improve on movement of heavy materials at the terminal. The Chief Operating Officer (COO) of Nigeria’s leading container terminal operator, Apapa, Mr Steen Knudsen, made this known in a statement issued recently in…

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Funding for Ogoni clean-up project is not a problem- SPDC/JV

Mordi Chukwunonso Esther The Shell Petroleum Development Company Limited Joint Venture, has said that funding for the Ogoni clean up project was not a problem.Managing Director of SPDC, Osagie Okunbor, disclosed this in Ogoniland recently, during the inauguration of the N6billion water project for Ogoni communities, as part of the Ogoni cleanup process recommended by UNEP….

Tullow Starts Multi-well Drilling Programme Offshore Ghana

Daniel Terungwa Oil and gas company Tullow Oil has announced that it has commenced a multi-year, multi-well drilling campaign offshore Ghana. The campaign started with the drilling of the first well at the Jubilee offshore field recently. The 2021 drilling campaign is the first part of Tullow’s 10-year Business Plan which was presented at Tullow’s…

Sylva Inspects Oil and Gas Park in Bayelsa

– Delighted with Nigeria’s increasing local manufacturing capacity. Daniel Terungwa The Honourable Minister of State for Petroleum Resources, Timipre Sylva, recently, inspected the site of the ongoing Nigerian Oil and Gas Park Scheme, NOGAPS, at Emeyal, Ogbia LGA in Bayelsa State. This is according to a Press Statement signed by Julius Bokoru, the Special Assistant…