…………..by Ben Ndubuwa…………. The Nigeria Liquefied Natural Gas Limited (NLNG) has in the past 35 years blistered the path way in buoying the Nigerian economy and has indeed been a global competitive LNG company, helping to build and develop the oil and gas industry in particular. It was incorporated as a Limited Liability Company on May 17, 1989, to harness ...

Photo : L-R, Commissioner II, Lagos State Health Service Commission (HSC), Dr. Mobolaji Olukoya; Director of Nursing Services, Lagos State HSC, Dr. Adebukola Cole; CEO, Egbin Power, Mokhtar Bounour; Director, Governance and Sustainability, Sahara Group Foundation, Ejiro Gray; Ag. Chief Medical Director, General Hospital Ijede, Dr. Olumuyiwa Balogun-Oluwa and Director, Medical Services, Health Service Commission, Dr. Adegbite Olawale, during the ...

….Signs PDA on 400-500mmscf Gas Deal, Eyes FID before Dec 2024 Ending In furtherance of its commitment to monetize Nigeria’s vast natural gas resources, the NNPC Limited has executed a Project Development Agreement (PDA) with Golar LNG for the deployment of a Floating Liquefied Natural Gas (LNG) offshore Niger Delta, Nigeria.The signing ceremony, which took place on Monday 10th June ...

Oil prices rose on Monday, buoyed by hopes of rising fuel demand this summer, though gains were capped by a strengthening of the dollar on receding expectations of imminent cuts to U.S. interest rates.According to Reuters, Goldman Sachs analysts expect Brent to rise to $86 a barrel in third quarter, saying in a report that solid summer transport demand will ...

Savannah Energy PLC, the British independent energy company focused around the delivery of Projects thatMatter, is pleased to announce its audited results for the year ended 31 December 2023. The results show that its average gross daily production was 23.6 Kboepd, broadly in line with FY 2022 production on a like-for-like basis when adjusted for a planned maintenance programme. The ...

………….by Victor Egbo…….Access Bank PLC (“the Bank”) has announced the successful completion 2024: of its acquisition of African Banking Corporation (Tanzania) Limited (“BancABC Tanzania” or “BancABC”), in line with its strategic expansion goals. This milestone follows the Bank’s initial announcement in July 2023 and marks yet another step in its journey to become the world’s most respected African Bank. With ...

The Nigerian National Petroleum Company Limited (NNPC Ltd) has kicked against reports that subsidy claims were inflated by N3.3 trillion. NNPC noted with dismay a report in a section of the media alleging that it inflated subsidy claims by N3.3trillion, and wishes to state that: NNPC Ltd conducts its businesses accountably and transparently in keeping with international best practices and ...

The inaugural Africa Gas Innovation Summit (AGIS 2024), a ground-breaking event aimed at reshaping the future of Africa’s gas industry, will hold from June 13-14, 2024, at the NAF Conference Centre in Abuja. With the theme “Igniting the Future: Driving Sustainability in Africa’s Energy Landscape through Gas Technology and Innovation,” this summit promises to be a pivotal moment for the ...

In a bid to Improve the electric power sector, Nigeria has now reached the final stage of its plan to sell five key power plants at a cost of $1.15 billion, with the bid winners soon to be announced. The move is part of the government’s broader strategy to overhaul the energy sector, boost efficiency, and attract private investment. With ...

Photo: LR Engr. Debo Fagbami, Managing Director, Nedogas Development Company Limited (NDCL); Engr. Emeka Ene, Chairman/CEO, NDCL; Chief Monday Onyeme, Deputy Governor of Delta State/Representative of His Excellency Rt. Hon. (Chief) Sheriff Oborevwori, Governor of Delta State; Hon. Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas) & Engr. Felix Omatsola Ogbe, Executive Secretary Nigerian Content Development and Monitoring Board ...