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In an effort to deepen local content in the petroleum industry, the Nigerian Liquefied Natural Gas (NLNG), on Monday disclosed that the entire installation and construction works of its train 7 project would be executed in Nigeria.
“Obviously, in today’s reality, the Nigeria LNG is lagging behind, both as a company and as a country,” said Mr Tony Attah, the Managing Director/Chief Executive Officer of Nigeria Liquefied Natural Gas (NLNG) and the Vice President, Bonny Gas Transport, while bemoaning the slow pace of NLNG development .
The Federal Government says it will rehabilitate the Warri, Port Harcourt and Kaduna Refineries to achieve local production of 360,000 Metric Tonnes Per Annum (MTPA) of Liquefied Petroleum Gas (LPG) by 2023.
The Nigerian National Petroleum Corporation (NNPC) has challenged shareholders of the Nigeria Liquefied Natural Gas (NLNG) to work very quickly towards expanding the production capacity of the company beyond Train 7 to take advantage of developments in the global LNG market.
Oando PLC (referred to as “Oando” or the “Group”), Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, today announced unaudited results for the six months period ended June 30, 2019.
Oando PLC has once again demonstrated its ability to deliver good results and create value for shareholders. The indigenous oil company on Friday, March 29, published its financial results for the full year ended, December 31, 2018.
Hope has rekindled for the actualisation of the Train 7 of the Nigerian LNG Limited as the federal government and the shareholders of the gas-processing and liquefaction company will today in Abuja, sign the Nigerian Content Plan (NCP) worth $1 billion for the project, which has been on the drawing board for 12 years.
Oil prices dropped on Friday as clouds gathered over the global economy after the European Central Bank (ECB) warned overnight of continued weakness and fresh data showed Chinese exports and imports slumped last month.
The Nigerian National Petroleum Corporation (NNPC), has commended the Nigeria LNG Limited (NLNG) on its successful repayment of 5.45 billion dollars (N1.98 trillion) loan on Train 1 to 6 investments.
Hellas Verona president, Maurizio Setti, said ‘Italy is in a war-like situation’ as Serie A clubs try to strike a deal with players amid the coronavirus crisis.
FIFA are reportedly ready to indefinitely extend the 2019/20 season, handing domestic leagues the power to decide their own fate in the coronavirus pandemic.
France is likely to see its deepest recession since the end of World War II this year because of the coronavirus crisis, Finance Minister Bruno Le Maire warned Monday.
Formula One is in “a very fragile state” due to the new coronavirus crisis and risks losing some of its 10 teams unless some big changes are made, McLaren boss Zak Brown warned on Sunday.
Some Twitter users had taken to their handle to express their opinions over claims that 5G network could be an enabler of COVID-19.
The Offa Professors Forum (OPF) has described the process that led to the appointment of Prof. Mohammed Akanbi as the Vice Chancellor, Kwara State University (KWASU), Malete, as unfair.
The Department of Petroleum Resources (DPR), Abeokuta Field Office, has warned the public not to store petroleum products or engage in panic buying during the lockdown.
Manchester United have cleared striker Marcus Rashford to step up his rehabilitation from a back injury that has kept him out of action since January.
It comes after the 20 Premier League clubs took part in a video conference call to try and plan a way forward as to when to start and how the season should be played out.
The sum of N500, 000 has been donated to the Bauchi State government to enable it to fight the spread of COVID-19 in the state.