NLNG has engaged local contractors in building $1.6bn vessels – Official

Nigerian Liquefied Natural Gas (NLNG) has engaged local contractors to paint, supply cables and carpentry works required to build LNG ships worth $1.6 billion,...

NLNG wins 4-year legal battle with NIMASA

The federal high court in Lagos has ruled that Nigeria LNG Limited (NLNG) was right in its refusal to pay levies demanded by the...

Total E&P Nigeria extends contract for Golden Energy PSV until 2018

Total E&P Nigeria has awarded Golden Energy Offshore, a Norway-based shipowner and operator of offshore service vessels, a three-month extension for its Energy Scout...

NNPC’s Duke Oil to handle 80% of oil sales; to also bear costs, risks

The Nigerian National Petroleum Corp (NNPC) intends to handle up to 80% of the country's crude oil lifting contracts via its trading arm in...

Apapa jetty fire incident will not affect supply of petroleum products – NNPC

The Nigerian National Petroleum Corporation, NNPC, has assured motorists and other consumers of petroleum products nationwide that the fire incident which occurred at Apapa...

Nigerian October crude cargoes clearing steadily

Traders said on Monday that the number of unsold Nigerian crude cargoes for October loading is getting steadily smaller due to robust demand, amid...

Nigeria losing $1bn to Illegal oil bunkering annually as firms patronise bunkerers

Nigeria loses an estimated $1 billion yearly in the West African bunkering market valued at over $3 billion as some oil companies operating in...

C&I Leasing lauds BoI, FCMB’s support in oil service vessel acquisition

The Managing Director of C & I Leasing Plc, Mr Andrew Otike-Odibi, has praised the First City Monument Bank (FCMB) and the Bank of...

UK lauds Nigerian Navy for tackling piracy, protecting oil vessels in Gulf of Guinea

The United Kingdom (UK) Foreign Secretary, Mr Boris Johnson, on Thursday in Lagos said that a lot of the UK's oil came through Nigerian...

Pakistani govt approves oil and gas imports from Nigeria

The Pakistani government has given the go-ahead to the Ministry of Energy for kicking off negotiations with Nigeria to explore the possibility of cooperation...

SUBSCRIBE TO LATEST ENERGY NEWS

Read the latest energy industry news and researched articles
for oil and gas, power generation, renewable energy, events and more...