33.8 C
Lagos
- Advertisement -spot_img

Energy

NLNG signs Sales and Purchase Agreements, SPAs, to supply 1.1 Million Tonnes Per Annum

  ...pays about US$ 18 billion as dividends to the Federal Government of Nigeria   Nigeria LNG has signed Sales and Purchase Agreement for domestic supply of...

‘Subsidy affects Funding of N26.2bn NNPC Projects’

The burden of under-recovery of petrol price currently being borne by the Nigerian National Petroleum Corporation, NNPC, may have begun to affect its operations...

Four firms get NCDMB approval for barites supply

  Four firms have got approval of the Nigerian Content Development and Monitoring Board, NCDMB, to supply Barites required for any drilling project or contract...

World Environment Day: NNPC Restates Commitment to Sustainable Environment

The Nigerian National Petroleum Corporation, NNPC, says it remains committed to the promotion of sustainable environment across it operations, stressing that its energy transition...

Former Petroleum Minister, Dan Etete, Tasks President Biden on Global Peace, Security  

Biden Former Minister of Petroleum Resources, Dan Etete, has called on President Joe Biden of the United States of America to use his position as...

Experts divided over FG’s proposed privatisation of TCN

The announcement by the Bureau of Public Enterprises of the proposed privatisation of the Transmission Company of Nigeria has been greeted with different reactions...

$40bn Investments Needed for Nigeria’s Gas Plan, Says NNPC

  The Nigerian National Petroleum Corporation, NNPC, has said that the Nigerian oil and gas industry will require at least $40 billion in direct investments...

OPEC to increase production in July as Oil Prices Hit 2-Year High

  Oil prices hit their highest level in more than two years as OPEC agreed to maintain its production cut plans while demand projections continue...

IFC invests in Nepal Hydropower Deal

  A majority-owned Korean subsidiary company has signed a financing agreement with nine co-lenders, including IFC, to build a 216-megawatt hydropower plant that will provide...

Nigeria Concludes Marginal Field Bid Round, 18 Years After

  The Department of Petroleum Resources, DPR, yesterday concluded the 2020 marginal oilfield bid round, the first successful bid since 2003 when 24 assets were...