Oil & Gas

Nigeria LNG (NLNG) Limited today signed Memoranda of Understanding (MOU) with six Nigerian teaching hospitals nationwide, flagging off the implementation of its multi-billion-naira Hospital Support Programme (NLNG HSP). The six hospitals were selected as part of the first phase of the NLNG HSP. The NLNG HSP targets 12 hospitals from the six geographical zones in […]

Crude prices could rise further amid tighter supplies, Vitol, the world largest independent oil trader, has said. “These prices are justified,” Mike Muller, head of Asia for Vitol Group, told Bloomberg in an interview. “Strong backwardation is very much justified,” he said, referring to a bullish pattern whereby near-term futures are more expensive than later

The Edo State Governor, Mr. Godwin Obaseki has said the state government is determined to exploit its mining, oil and gas assets to boost economic growth. The governor, who said this at the management leadership strategy retreat for members of the Edo State Executive Council, in Lagos, stated that there was the need for a

TotalEnergies EP Nigeria Limited has declared a Force Majeure Event resulting from its NOPL Line vandalization at KP41 on January 7, 2022. According to TotalEnergies EP Nigeria Limited in a letter to the Niger Delta Power Holding Company Limited (NDPHC), “NOPL pipeline was vandalized on 7th January 2022 at KP41 Alaoma Etche Cluster. The Line

By Eyo Nsima The Board of Directors of Nigeria LNG Limited (NLNG) has approved the supply of 100% of the company’s LPG production (Propane & Butane) to the Nigerian market. Consequently, NLNG will prioritize the domestic market for 100% of its Butane production, otherwise known as cooking gas. The milestone is coming just three months

Plastic Energy and TotalEnergies have announced a new agreement to promote the development of advanced plastic recycling. Under this agreement, Plastic Energy plans to build a second advanced recycling plant in Sevilla, Spain, in addition to their existing operational plant, which will transform end-of-life plastic waste into a recycled feedstock called TACOIL using Plastic Energy’s