Wednesday, February 20, 2019

SPDC announces FID on Assa North Gas Project

The Shell Petroleum Development Company of Nigeria Limited (SPDC) has announced the Final Investment Decision (FID) on the Assa North Gas Development Project in...

SNEPCo’s Bonga hits 800 million barrels mark

In 13 years of deep-water exploration, the Bonga vessel of the Shell Nigeria Exploration and Production Company (SNEPCo) has produced over 800 million barrels...

Appeal Court nullifies conviction of Shell MD, others

The Court of Appeal sitting in Port Harcourt has set aside the order of a High Court of Rivers State which sentenced the Managing...

Shell signs gas supply agreement for Aba power project

The Shell Petroleum Development Company of Nigeria (SPDC) and its joint partners have signed a gas supply and aggregation agreement that will support the...
Experts urge FG to engage banks in financing modular refineries

MAN calls for single regulatory system in petroleum sector

The Manufacturers Association of Nigeria (MAN) has urged regulatory agencies in the petroleum industry to clearly define and harmonise their responsibilities to enhance sustainable...
Past govt abandoned 800 containers of power equipment – Lai Mohammed

Past govt abandoned 800 containers of power equipment – Lai Mohammed

Mr. Lai Mohammed, Minister of Information and Culture, had disclosed that the past governments abandoned 800 containers of power equipment meant to help boost...

45 Nigerian firms flaunt potentials at SNEPCo exhibition

In-country value in the oil and gas sector received a major boost from the Shell Nigeria Exploration and Production Company (SNEPCo) as over 45...
Global Market – Oil rises to $56, shares up in Asia on relief at N.Korea inaction

N650bn debt: Oil marketers urge FG to hasten payment, salvage oil, gas sector

Oil marketers  on Thursday appealed to the Federal Government to hasten payment of over N650 billion subsidy arrears owing them to save their assets...
Eko Electricity blames Mushin Community for prolonged outage

Eko Electricity blames Mushin Community for prolonged outage

Eko Electricity Distribution Company (EKEDC) on Monday repudiated the claims made by some communities in the Ilasamaja area of Mushin Local Government, Lagos State...
Buhari sends 30 members of Revenue Mobilization Allocation and Fiscal Commission to Senate

Why Buhari refuses to sign Petroleum bill – Presidency

The Presidency on Wednesday explained why President Muhammadu Buhari withheld assent on the Petroleum Industry Governance Bill. The Senior Special Assistant to the President on...