Portugal to receive Nigerian LNG cargo on June 26th

REN-operated Sines LNG import terminal in Portugal is to receive a new cargo of the chilled fuel from Nigeria, LNG World News reports. The cargo...

Nigeria’s gas exports over 70% despite domestic shortages

As the country continues to suffer gas shortage for power plants and household cooking, industry stakeholders have raised concerns about the continued export of...

Indonesian firm to build 10,000 bpd refinery in Akwa Ibom

The Federal Government’s plan to attract investment in modular refineries as part of efforts to boost local refining capacity has started gaining momentum with...

Julius Berger partners Petrolan as it diversifies into oil and gas sector

Julius Berger Nigeria Plc (JBN) has indicated its intention of diversifying into the oil and gas industry through a notice sent to the Nigerian...

Shell considers investment in Niger Delta gas project

Osagie Okunbor, managing director of Shell Petroleum Development Company of Nigeria (SPDC), has said Shell is considering whether to invest in a gas project...

Kachikwu outlines three-pronged strategy to end fuel importation by 2019

To achieve the President Muhammadu Buhari led administration’s target of meeting the nation’s needs and end the importation of petroleum products by 2019 which...

Uncertainty lingers over planned oil exploration in Chad Basin

Few days to the deadline set by the Nigerian National Petroleum Corporation (NNPC) to resume oil exploration in Borno state, indications have emerged that...

FG, states, communities to acquire stakes in modular refineries – Osinbajo

Speaking at the 2017 African Modular Refinery Discussion organised in Abuja by the Modular Refineries Association of Nigeria, Acting President Yemi Osinbajo, blamed the federal...

Kachikwu meets with Shell, Total over investment, PIB, JVs

In continuation of his visit to the headquarters of International Oil Companies (IOCs) operating in Nigeria, Minister of State for Petroleum Resources Dr. Ibe....

Unpaid N800b subsidy arrears threaten downstream sector, banks – Marketers

Nigerian fuel marketers Thursday warned that supply and distribution of oil products across Nigeria may be grounded if the government fails to pay them...

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