Archives for ENERGY - Page 56
Present Shape Of PIB To Create More Problem for Nigeria – Activist
By Ngozi Onyeakusi--- A political activist, Dr Nnamdi Onochie, has criticised the Petroleum Industry Bill (PIB) passed by the National Assembly (NASS) saying that it will bring more problems to…
Senators, Reps raise committees to harmonise positions on PIB
The Senate and House of Representatives have constituted two committees to fine-tune the controversial Petroleum Industry Bill (PIB) for presidential assent. The two chambers of the National Assembly last Thursday…
Nigeria can be world’s No. 1 oil, gas nation — NLNG
Managing Director, Nigeria Liquefied Natural Gas (NLNG) Mr Tony Attah has said Nigeria can become the world’s number one nation in oil and gas if deliberate actions are taken to…
Oil prices hits $77a barrel as OPEC+ calls off output talks
Oil prices rose on Monday, driven higher after OPEC+ nations called off talks on output levels, meaning no deal to boost production has been agreed. Brent was up 94 cents,…
Nigeria earned $997.1bn from oil sales in 27 years –OPEC
The Organisation of Petroleum Exporting Countries (OPEC), has disclosed that Nigeria earned $ billion in 27 years (1990-2017) from the sale of crude oil. Prorated over the 27-year period, which…
Oil price: Experts dismiss gains as subsidy nears N200bn
After the international crude oil benchmark, Brent advanced above $70 as the PUNCH reported earlier in the month, industry experts see meagre benefits as subsidy payments gulp revenues. The Federal Account Allocation…
Technology, very germane to Nigeria’s competitiveness in oil market – Seplat CEO
Srplat logo Technology will play a key role in ensuring Nigeria stays cost competitive in today’s oil market, Mr. Roger Brown, Chief Executive Officer of Seplat Plc, has said. The…
NLNG signs Sales and Purchase Agreements to supply domestic LNG
Nigeria LNG Limited (NLNG) has signed 10-year LNG Sales and Purchase Agreements (SPAs) with three offtakers for the domestic supply of Liquified Natural Gas (LNG) in country. The Company will…
NLNG Signs GMoU To Drive Sustainable Community Development In Rivers State
Nigeria LNG Limited (NLNG) has signed Global Memoranda of Understanding (GMoU) with host communities that enable the communities to take ownership and drive sustainable community development with the active support…
NLNG Commissions Ultra-Modern, Smart Head Office In Port Harcourt
L-R: King of Bonny, His Majesty, King Edward Asimini William Dappa Pepple III, JP, CON Perekule XI, Amanyanabo & Natural Ruler of Grand Bonny Kingdom; NLNG’s Deputy MD, Sadeeq Mai-Bornu;…
