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We Had Taken Steps to Ensure Workers Safety Before Lockdown -Agip

by Ben Ndubuwa……. Nigerian Agip Oil Company Limited (“NAOC”) has said that it had implemented far reaching measures to ensure safety of personnel and facilities in its operating and field locations prior to the nation’s lockdown due to the coronavirus pandemic. According to Agip, steps had been taken to ensure workers safety before the lockdown declared by the Federal Government ...

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Covid-19: DPR to Support Oil and Gas Companies to Maintain Safety

by Ben Ndubuwa…… The Department of Petroleum Resources has said it will continue to support oil and gas firms in the country to enable them to keep operating amid the impact of the coronavirus pandemic. The DPR, in a circular to operators and service providers over the weekend acknowledged their efforts in implementing stringent measures to contain the spread of ...

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Nigeria and Angola Offer Three Cargoes of LNG Amidst Price Fall

by Jenifer Dike……. Nigeria Liquefied Natural Gas (NLNG) and Angola’s LNG project are offering three cargoes of LNG in the international market in the midst of Price Fall. While NLNG is offering two cargoes next month, Angola is offering one in June. The average LNG price for June delivery into northeast Asia LNG-AS is estimated at around $1.95 per million ...

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NPA CEO Commends APM Terminals’ N33.6 Billion Investment

by Musa Ibrahim……. The Managing Director, Nigerian Port Authority (NPA) Hadiza Bala Usman has commended, the management of APM Terminals for the new $80 million about N33.6 billion investment. She said it the Federal government enabling environment that has continued to encourage new investment in the maritime sector even in the midst of the current global economic crisis occasioned by ...

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NLNG Reinforces Fight Against COVID-19, Donates Vehicles, Protective Equipment.

by Ben Ndubuwa….. The Nigeria Liquified Natural Gas Limited (NLNG) has call on Nigerians to be resilience and determined to win the fight against the coronavirus pandemic. According to NLNG, everyone as a matter of neccesity should adhere to rules prescribed by medical experts which include social distancing, regular washing of hands among others. NLNG emphasised that it has always ...

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COVID-19: NNPC, Partners Donate Ambulances, Medical Kits to South West States

by James Ikenna The ongoing efforts by the Nigerian National Petroleum Corporation (NNPC)-led Oil and Gas Sector coalition against COVID-19 was bolstered Thursday in Lagos with the handing over of six ambulances and medical consumables to the South West states. The donation which was presented by the Hon. Minister of State for Petroleum Resources, Chief Timipre Sylva, on behalf of ...

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Shell CEO Seeks Economic Balance Amidst Covid-19 Challenges

by Harrison Madu he Managing Director of Shell Petroleum Development Company of Nigeria Limited (SPDC), Mr. Osagie Okunbor has said there is the need to balance the economic realities of the time with the challenges of the coronavirus pandemic. He said this during the inaugural meeting of the Edo State COVID-19 Fundraising Committee held virtually, to mobilise resources to buffer ...

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ExxonMobil $10 Billion Petrochemical Plant Raises Hope Post Covid-19

by Abisoye Shola The move by ExxonMobil to kick off the building of a multi-million dollars petrochemical plant in post coronavirus China has raised hopes that countries with the right enabling environment after this global pandemic will experience fast economic recovery. The $10 billion petrochemical plant were some of the planned foreign investment pre-coronavirus in china. Accordingly China has also ...

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Malabu: United States Drop Charges Against Eni

by Jenifer Dike The United States SEC has drop charges against Eni over it’s involvement in the Nigerian controversial Malabu oil deal and that of the Congo. U.S SEC said it has closed its investigation into Eni ENI.MI over the Italian oil major’s activity in Nigeria and the Congo without recommending further action. “Based on the information currently available to the SEC, it ...

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