Archives for ENERGY - Page 52
800 Companies Bid For 176 Gas Flare Sites — Kachikwu
No fewer than 800 companies have bidded for management of 176 gas flare sites in the country, the Minister of State for Petroleum Resources, Dr Ibe…
Fuel Price Increase: Sanction Depot Owners Selling Petrol Above Ex-depot Price, IPMAN Urges DPR
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on Department of Petroleum Resources (DPR) to sanction depot owners selling petrol above ex-depot price of…
Shell Leads IOCs in Local Content- NCDMB
The Nigerian Content Development and Monitoring Board (NCDMB) on Sunday recognized Shell as the most impactful International Oil Corporation (IOC) on Local Content Initiatives in the…
Dangote refinery’ll improve Nigeria’s trade balance by $2bn yearly –IMF
The International Monetary Fund has said the crude oil refinery being built by Dangote Industries Limited will improve the trade balance by $2bn per year after coming…
Ibe Kachikwu Returned As President, African Petroleum Producers’ Organisation
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has been re-elected the President of African Petroleum Producers’ Organisation (APPO), making Nigeria to retain the presidency…
Oil Price Hits 2019 High On OPEC Cuts, Concerns Over Demand Ease
Oil price hit a 2019 high above 69 dollars a barrel on Tuesday on the prospect that more sanctions against Iran and further Venezuelan disruptions could deepen…
ExxonMobile Considers Sale Of Nigeria Oil,Gos Feild For $3bn
Nearly two and a half years after exiting Nigeria’s downstream oil sector, ExxonMobil is weighing the sale of some oil and gas fields in the country. The…
IPMAN Moves To Sell Petrol Above N154
The Independent Petroleum Marketers Association of Nigeria has urged the Federal Government and the Nigerian National Petroleum Corporation to ensure that private depot owners maintain the…
NNPC Shuts Down Recruitment Portal, Begins Shortlisting Of Applicants
Nigerian National Petroleum Corporation (NNPC) on Wednesday closed its portal for ongoing recruitment exercise and began shortlisting of applicants. Mr Ndu Ugahmadu, the Corporation’s spokesman disclosed this…
NNPC To Woo Investors To Oil, Gas Sector At CERAWEEK
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, will on Wednesday address foreign investors at the CERAWeek, an international energy conference…