Archives for ENERGY - Page 49
Total Acquires 10 Per Cent Stake In LNG Project
French oil and gas company Total has signed an agreement with Russian counterpart Novatek to acquire a direct working interest of 10 per cent in Arctic LNG 2, a…
NNPC loss dips by 77.1%
The Nigerian National Petroleum Corporation monthly oil and gas report released in Abuja has shown that corporation has reduced its group operational loss by per cent, cutting it down by…
Governors Queries Payment Of N800 Billion By NNPC, To Take Decision On Fuel Subsidy
The Chairman of Governors’ Forum, Gov. Abdulazeez Yari of Zamfara says the National Economic Council (NEC) will soon take decision on whether to allow the continuation of payment of petroleum…
PIB: Panacea to Hostilities Between Oil Companies And Host Communities — Okowa
Delta State Governor, Senator Dr Ifeanyi Okowa has described the Petroleum Industry Bill (PIB) as solution to clashes between oil companies and host communities . Okowa noted…
To End Gas Flaring, NNPC Announces Two Year Time Line
The Nigerian National Petroleum Corporation (NNPC), has announced a two years time line for the complete eradication of gas flaring in Nigeria. This was disclosed by…
NNPC urge Nigerians Not to pay more than N145 for petrol
Nigerians have been urged not to buy petrol from any filling station selling above the government approved pump price of N145. The Group Managing Director, Nigerian National Petroleum Corporation,…
NNPC scam: 36 Finance Commissioners Walk Out Of FAAC as Meeting ended in Deadlock
A fresh scam has been uncovered in the Nigerian National Petroleum Corporation (NNPC) subsidy payment which is likely to affect the forthcoming Easter celebration by federal and state civil servants…
Gencos clears air on N1tn debt
Electricity generation companies have said they are not planning to disrupt power supply in the country but that their inability to pay for gas due to the non-payment of the…
NNPC’s crude, gas export receipts soars by N84.46bn
Nigerian National Petroleum Corporation (NNPC) has in its latest monthly financial and operations report released Tuesday disclosed that its crude oil and gas export receipts…
Replicate NLNG model to increase gas sector opportunities -NLNG Deputy MD
The Deputy Managing Director of Nigeria LNG Limited (NLNG), Sadeeq Mai-Bornu, on Tuesday, said the NLNG business model needs to be replicated in order to generate…