Oil & Gas - TheDailyNG

German Chancellor Merkel Africa Envoy to drive green hydrogen, Energy Transition at African Energy Week 2021 in Cape Town

Leave a Comment / INTERNATIONAL, Oil & Gas / Godswill Odiong

Personal representative of the German Chancellor for Africa Gϋnter Nooke’s participation will drive a discussion on Africa’s green hydrogen potential, the continent’s energy transition, and the value of Germany-Africa partnerships. The African Energy Chamber is proud to announce that H.E. Gϋnter Nooke, personal representative of the German Chancellor for Africa, will be attending and participating

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NNPC, partners to rake in over $760million revenue from OML 130 Gas Supply Agreements

Leave a Comment / NNPC News, Oil & Gas / Godswill Odiong

The Nigerian National Petroleum Corporation (NNPC) and its partners in the Oil Mining Lease (OML 130) Production Sharing Agreements (PSA) and Production Sharing Contract (PSC) are set to earn over $760m from fresh Gas Supply Purchase Agreements (GSPAs) and Gas Entitlement Agreement (GEA) executed recently at the NNPC Towers. The agreements which are part of

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NEITI, CAC to check tax evasion, terrorism funding

NEITI hails National Assembly on PIB

Leave a Comment / Oil & Gas, The Nation / Godswill Odiong

The Nigeria Extractive Industries Transparency Initiative (NEITI) has welcomed with excitement, the bold step by both chambers of the National Assembly to pass the Petroleum Industry Bill (PIB). In a statement in Abuja on Thursday , shortly after the NASS decision, the Executive Secretary of NEITI Dr, Orji Ogbonnaya Orji described the decision of the

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DPR generates N2.24trn in 8 months, targets N5trn in December

DPR REITERATES SUPPORT FOR INVESTMENT IN OIL, GAS

Leave a Comment / Oil & Gas / Alison_Godswill

DPR REITERATES SUPPORT FOR INVESTMENT IN OIL, GAS The Director, Department of Petroleum Resources (DPR) Mr. Sarki Auwalu, has reiterated the commitment of the organization to support investments in the oil and gas industry to the benefit of all stakeholders. Auwalu stated this when a delegation from Portland Gas in company with their technical partners

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A decade of Gas: OGSPAN urges FG not to impose VAT on LPG

Leave a Comment / Oil & Gas / Alison_Godswill

A decade of Gas: OGSPAN urges FG not to impose VAT on LPG By Eyo Nsima The Oil and Gas Service Providers Association of Nigeria, OGSPAN, has urged the Federal Government not to impose the Value Added Tax, VAT, on Liquefied Petroleum Gas, LPG. According to OGSPAN, the planned imposition of VAT on LPG would

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PIND, CNL partner with IRDC to electrify Ondo riverine communities

Leave a Comment / Chevron News, Oil & Gas / Alison_Godswill

PIND, CNL partner with IRDC to electrify Ondo riverine communities In a bid to provide sustainable energy to some riverine communities in Ondo State, oil giants, NNPC/Chevron Nigeria Ltd Joint Venture (CNL), in partnership with Ilaje Rural Development Committee (IRDC) and Foundation for Partnership Initiatives in the Niger Delta (PIND) have inaugurated a solar power electricity project. The News

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Suriname: TotalEnergies expands its presence with two new Shallow Water Exploration Licenses

Leave a Comment / Oil & Gas / Godswill Odiong

TotalEnergies and its partner Qatar Petroleum have been awarded Block 6 and Block 8 in the Suriname SHO Bid Round 2020/2021. TotalEnergies shall operate these blocks, situated in shallow water with depths between 30 meters and 50 meters, and adjacent to the TotalEnergies operated Block 58, where 4 significant discoveries have been made since January

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Rainoil debunks gas leak rumour , says no cause for alarm

Leave a Comment / Oil & Gas / Godswill Odiong

Rainoil Limited has assured safety around the Ijegun-Egba community where its LPG depot is located, stating that there is no gas leak. In a press statement, the company stated that the speculation and rumour of a gas leak was unfounded . “Rainoil today carried out a routine fire safety drill to ensure the preparedness of

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Construction of Ondo Oil and Gas Park to start, NCDMB assures Govt, Investors

NCDMB, NEXIM Bank sign deal on US$30m Working Capital Fund for oil firms

Leave a Comment / Oil & Gas / Godswill Odiong

The Nigerian Content Development and Monitoring Board (NCDMB) and Nexim Nigerian Export-Import Bank on Wednesday in Abuja signed a memorandum of understanding on the administration of US$30 million Working Capital Fund for oil and gas service companies. The Fund was conceived by the NCDMB to support the operations of local oil companies against the adverse

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SUDAN: Ministry of Petroleum Launches First Licensing Round

Leave a Comment / Oil & Gas / Alison_Godswill

SUDAN: Ministry of Petroleum Launches First Licensing Round . Analysts see a prospect with increasing political stability By Eyo Nsima The Ministry of Petroleum (MoP) of the Republic of South Sudan, has announced the launch of the country’s first Oil Licensing Round. The MoP said it has identified new exploration blocks with potential hydrocarbons and

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