…as partner take FID on project The Nigerian National Petroleum Corporation (NNPC) says it would do everything within its powers to ensure the timeous completion of the $3.6bn Integrated Gas Processing and Methanol Plant in Odioma, Brass Island, Bayelsa State. The Group Managing Director of NNPC, Mallam Mele Kyari, made the commitment at the signing […]
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PIB: Many Promises, Failures & Implications on Nigeria’s Oil & Gas Industry Victoria Ibezim-Ohaeri is a Havard-trained lawyer. She is also the founder and director of research and policy at Spaces for Change. She attended and presented a Memorandum at the House of Representatives on PIB, Thursday. The director has done this several times in
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Shell attributes oil spills in Niger Delta to Sabotage, oil theft, illegal refining as Dutch Court rules against it By Eyo Nsima Shell Petroleum Development Company Limited, has attributed most oil spill incidents in the Niger Delta to Sabotage, oil theft, and illegal refining. In its response to the latest ruling by a Dutch appeals court, which ruled that it is responsible for damage
BFPCL takes FID on $3.6bn methanol plant in Bayelsa The shareholders of Brass Fertilizer and Petrochemical Company Limited have taken the Final Investment Decision, FID, for the construction of Nigeria’s $3.6 billion methanol plant. The plant, to be located in Odioma, Brass Island, Bayelsa State, is scheduled to come into operation in 2024, and produce
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OPEC Daily Basket – January 28, 2021 OPEC daily basket price stood at $54.36 a barrel Thursday, 28 January 2021, compared with $55.31 the previous day https://www.opec.org/opec_web/en/press_room/6291.htm
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The Daily holds Discourse on PIB: Many Promises, Failures, and Implications on Nigeria’s Oil and Gas Industry January 30 The Daily, a leading energy-pro publication in Africa, deliberately driven by innovative technologies and experienced professionals to deliver information, including news, analyses, and data 24 hours each day, to its massive population of readers in
FG lays the foundation, to relocate DPR HQs from Lagos to Abuja THE Federal Government has laid the foundation of the Department of Petroleum Resources, DPR, building in Abuja. On completion, the DPR, which has been closer to operators, including the International Oil Companies, indigenous companies, services providers, in Lagos since inception, would be moved
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SEPLAT appoints Okechukwu Mba as Managing Director for ANOH ….others Seplat Petroleum Development Company Plc has appointed Mr. Okechukwu Mba as the new Managing Director of ANOH Gas Processing Company (AGPC) Limited, the Incorporated Joint Venture (“IJV”) between Seplat and the Nigerian Gas Company (“NGC”), a wholly-owned subsidiary of Nigerian National Petroleum Corporation (“NNPC”).
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NNPC records 92% increase in Sales of Petroleum Products in October …Increases Gas Supply to Power Plants by 8.60% The Nigerian National Petroleum Corporation (NNPC) has announced that its downstream subsidiary, the Petroleum Products Marketing Company (PPMC), recorded a total of ₦158.04 billion from the sales of white products in the month of October 2020
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OIL MARKET: We will continue to assess market conditions, and take necessary actions through the DoC By HE Mohammad Sanusi Barkindo It is a great pleasure to deliver this ‘Special Address’ at the S&P Global Platts Americas Petroleum and Energy Conference. I would like to thank the organizers for the invitation, and to
