California Governor appoints Nigerian as oil and gas supervisor
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California Governor appoints Nigerian as oil and gas supervisor

Governor of California, Gavin Newsom, has appointed a Nigerian, Uduak-Joe Ntuk, as the State Oil and Gas Supervisor, responsible for managing the Division of Oil, Gas and Geothermal Resources (DOGGR).  DOGGR uses science and sound engineering practices to regulate the drilling, operation and permanent closure of energy resource wells. The division prioritises protecting the public…

Nigeria gas resources currently stood at 200.79 TCF, says DPR

Nigeria gas resources currently stood at 200.79 TCF, says DPR

NIGERIAN GAS SECTOR: STATUS, OPPORTUNITIES, AND WAY FORWARD The Department of Petroleum Resources, DPR  said Nigeria is endowed with abundant Gas resources which  currently put at 200.79 Trillion Cubic Feet (TCF) as at 1/1/2019, adding that thus, gas has the potential to catalyse industrial growth and development in addition to its role as a key revenue earner…

FG takes possession of 880bn cf flared gas from IOCs

FG takes possession of 880bn cf flared gas from IOCs

…….  DPR approves 206 firms for gas flare deal  The Federal Government has invoked its takeover rights on international oil companies (IOCs) that flare gas as it grabbed about 880 billion cubic feet of the commodity from firms that have no tenable plans to commercialise the flared gas.  The 880 billion cubic feet, a document of…

Refinery: Expert commends FG on Saudi, Russia deal
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Refinery: Expert commends FG on Saudi, Russia deal

Mr Chinedu Onyeizu has commended the Federal Government for signing a government backed partnership with Russia to revamp the nation’s refinery.  Onyeizu gave the commendation in Abuja on Sunday that the Group Managing Director of the Nigerian National Petroleum Corporation, Mr Mele Kyari, at the Russia-African summit said the corporation has signed a Memorandum of…

$12bn Dangote refinery: FG to support on feedstock, off takers

$12bn Dangote refinery: FG to support on feedstock, off takers

………….Commended huge investment by Nigerians in Refinery The Federal Government has reiterated its support for the Dangote Refinery and Petrochemical through feedstocks and offtakers of products and adds value to the nation’s economy. Mr Timipre Sylva, the Minister of State, Petroleum Resources, disclosed this during the tour of the massive refinery project in Lagos on…

KEDCO MD pledges effective service delivery, tasks staff on commitment

KEDCO MD pledges effective service delivery, tasks staff on commitment

Dr Jamilu Gwamna, the Managing Director of Kano Electricity Distribution Company (KEDCO),has pledged the company’s commitment to ensuring effective service delivery that would boost customers’ satisfaction. Gwamna made the pledge at a ceremony organised to commemorate the sixth anniversary of the company in Kano on Friday night. He said KEDCO would continue to do its…

$1.66bn from international donors increases power generation – TCN

$1.66bn from international donors increases power generation – TCN

The Managing Director of Transmission Company of Nigeria (TCN), Alhaji Usman Mohammed, said that the 1.66 billion dollars  received from international donors increased generation capacity in the country. TCN recently received 1.66 billion dollars from multi-lateral donors to boost power supply in the country. Mohammed disclosed this at the Nigeria electricity awareness walk, organised by…

Lagos, Power Holding Company to scale up electricity supply
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Lagos, Power Holding Company to scale up electricity supply

Lagos State Government says it will partner with Niger Delta Power Holding Company to increase power supply in the state. Gov. Babajide Sanwo-Olu said this on Friday when officials of Niger Delta Power Holding Company paid him a visit at Lagos House, Ikeja. Sanwo-Olu said that the collaboration was necessary in view of the importance…

Africa Oil presses ahead with Petrobras Nigerian assets deal as Vitol, Delonex pullout

Africa Oil presses ahead with Petrobras Nigerian assets deal as Vitol, Delonex pullout

 Africa Oil Corp. (“AOI”, “Africa Oil” or “the Company”) is pleased to announce that it has entered into an amendment to the share purchase agreement (the “Amended SPA”) signed on October 31st, 2018, between Petrobras International Braspetro BV (“PIBBV”) and Petrovida Holding B.V. (“Petrovida”), the company formed by the consortium of  Africa Oil, Delonex Energy Ltd. (“Delonex”)…