The Nigerian Liquefied Natural Gas Limited has expressed its commitment towards providing cleaner fuel for Nigerians and globally. The NLNG Managing Director, Tony Attah, spoke on Tuesday when the company delivered its maiden domestic liquefied petroleum gas cargo from Bonny to Stockgap, a gas terminal in Port Harcourt, after many years
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To address challenges of gas constraints in the nation’s industrial and power sectors, the Nigerian National Petroleum Corporation (NNPC), has said it will continue to expand and integrate gas pipeline network systems to meet domestic demand. According to NNPC, its ongoing reforms will include transformation from a traditional oil and gas
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Dangote Group has said it plans to export petroleum products from its refinery to Europe, South America, West Africa and Central Africa. The company stated this on Sunday during a visit by a delegation led by the Minister of State for Petroleum Resources, Chief Timipre Sylva, to the refinery site in
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Royal Dutch Shell PLC reported third-quarter earnings on a current cost of supplies basis, excluding identified items, of $4.8 billion, up from $3.5 billion in this year’s second quarter, and down from $5.6 billion in third-quarter 2018. The earnings reflecting lower realized oil, LNG, and natural gas prices, as well as
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The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to entrench downstream competitiveness using innovation and information technology. The Chief Operating Officer Downstream, NNPC, Mr Adeyemi Adetunji, made this assertion while declaring open the 13th Oil Trading and Logistics Expo taking place in Lagos yesterday. Adetunji, who was represented by the
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The combined yield efficiency of Nigeria’s refineries has crashed to zero, the latest report on the performance of the facilities has shown. Nigeria’s refineries are the Warri Refining and Petrochemical Company, Kaduna Refining and Petrochemical Company, and Port Harcourt Refining Company. In the report, which was released by the Nigerian National Petroleum
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The Executive Secretary/CEO of Nigerian Shippers Council (NSC), Mr. Bello Hassan, has said the maritime industry would become the largest contributor to budget funding in no distant time. According to him, Nigeria needs modern transport infrastructure, especially at the ports.According to him, the Lekki port has become the cynosure of all
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Siemens Limited Nigeria (SLN) has deepened its commitment to enhancing local content in the Nigeria’s oil and gas sector through the provision of innovative equipment, deployment of technology and offering aftermarket services. A statement issued by Vice President Services and Digital, SLN, Seun Sulieman, explained that SLN had been having the
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The 650,000 barrels per day(bpd), Dangote Petroleum refinery has announced the completion of pilling works described as the largest in the world. Group Executive Director (GED), Strategy, Capital Projects and Portfolio Development for Dangote, Mr. Edwin Devakumar, disclosed this on the sidelines of the close out/graduation ceremony for the Ibeju/Lekki Youth
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The Federal Government has said the closure of the land borders by the Nigeria Customs Service has cut down the consumption of Premium Motor Spirit, also known as petrol, from 60 to 52 million litres per day. This represents a difference of eight million litres per day. The Minister of State
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