Archives for Oil and Gas - Page 46
Seplat, Board Chairman win most profitable company, Board Chairman of the year
… As Nigerian Exchange, BusinessDay laud winners at the NIVA Seplat Petroleum Development Company Plc has won the Most Profitable Company (Oil & Gas: Exploration and Production), with Dr. ABC…
AGPC to invest $10million on capacity development initiatives
…partners NCDMB to build centre for skills development ANOH Gas Processing Company (AGPC) has reiterated its commitment to spending up to $10million on capacity development initiatives in the oil and…
NNPC Assures No Increase in Pump Price of Fuel, as Subsidy rises to N500bn
The Nigerian National Petroleum Corporation (NNPC) says it will not increase the ex-depot pump price of fuel (PMS – Premium Motor Spirit) also known as petrol in May. The Group…
Oil jumps to $66 on signs of rising crude demand
The international oil benchmark, Brent crude, surged by five per cent on Wednesday, after a report from the International Energy Agency, followed by US inventory data, boosted optimism about returning…
Fuel: Our investments under threat, oil marketers lament NNPC’s monopoly
Palpable fear has gripped major oil marketers that their multi billion Naira investments in the downstream sector are increasingly coming under intense threat over Nigerian government’s inability to grant them…
Seplat issues $650 million 5-year Senior Notes … records largest Nigerian oil & gas bond
Seplat Petroleum Development Company Plc (“Seplat” or the “Company”), a leading Nigerian independent energy Company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE), has…
NNPC set to rake in $600m from Marginal fields — Minister
Timipre Sylva By Ngozi Onyeakusi--- The Minister of State for Petroleum Resources, Timipre Sylva, has disclosed that the Ministry is set to rake in 600million dollars from…
NNPC Posts 80.12% Surge in Trading Surplus ₦24.19billion in December
By Ngozi Onyeakusi -----The Nigerian National Petroleum Corporation (NNPC) has recorded an increase of in trading surplus for the month of December 2020, representing ₦ when compared…
$12bn Refinary: NNPC Worried Over Paucity Of Fund
By Ngozi Onyeakusi----- Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has said that Nigeria lacks the resources to build a greenfield…
US Signs MOU with Natural Gas Giant NLNG to Control Malaria on Bonny Island
By Ngozi Onyeakusi ------ Nigeria LNG Limited (NLNG), a global producer of liquefied natural gas, today signed a five-year Memorandum of Understanding (MOU) with two government development agencies to…
