30 results
- 21 Jun 2015
NLNG eyes $1.5Bn Ship Yard in Nigeria
Nigeria Liquefied Natural Gas Company (NLNG) is sponsoring the construction of the first major ship yard in Africa's biggest economy at the cost of $1.5 billion, in its attempt to turn the country…
- 5 Dec 2019
Legal Experts Convene to Deepen Knowledge in Nigeria’s Oil & Gas Sector
Global law firm Hogan Lovells, in collaboration with Aluko & Oyebode and Lagos Chamber of Commerce International Arbitration Centre (LACIAC), partnered with the Legal Division of NLNG, to host a…
- 13 Jul 2015
PDP, APC Bicker over $5.6Bn NLNG Dividend
Peoples Democratic Party (PDP) has slammed Nigeria’s ruling the party, All Progressives Congress (APC) for insinuating that the past administration hid the Nigeria Liquefied Natural Gas (NLNG)…
- 22 May 2019
FG Raked in N366Bn in Revenue from SNEPCo in 2018
Shell Nigeria Exploration and Production Company Limited (SNEPCo), Nigeria’s foremost deep-water oil and gas company, paid N366 billion in 2018 as revenue to the federal government from its…
- 24 Jan 2013
Brass LNG Suffers Multiple Headaches
The Brass Liquefied Natural Gas (LNG) project, designed to produce 10 million metric tonnes of LNG per year may be dead on arrival after all, because the economics does not add up, Nigeria…
- 28 Feb 2021
World Bank Withdraws Funding for Fossil Fuel Projects
Mr. Larry Attah, managing director of the Nigerian Liquefied Natural Gas (NLNG) Limited, has disclosed that the World Bank has hinted of plans to withdraw funding for all forms of fossil fuel…
- 17 Jan 2017
AfDB Appoints Nigerian Director for Energy Financial Solutions
The African Development Bank has announce the appointment of Mr. Wale Shonibare as the Director – Energy Financial Solutions, Policy and Regulation with effect from 9th January 2017. He brings with…
- 6 Sept 2017
German Firm Plans Virtual Pipeline for Nigeria's LNG Market
OTI Greentech AG, an international environmental engineering and technology services group listed on the Düsseldorf Stock Exchange, on Wednesday, announced its intention to expand its activities in…
- 18 Oct 2016
Nigeria Demands $15Bn Upfront Oil Payment from India
Nigeria is seeking a $15billion cash raising oil deal with India in a bid to shore up its foreign reserves. Ibe Kachikwu, minister of State for Petroleum who is in India, has negotiated the $15…
- 1 Feb 2013
NNPC Cornered $5Bn in 3 Years-NEITI
Nigerian National Petroleum Corporation (NNPC) has been indicted over failure to remit $4.84 billion from the Nigerian Liquefied Natural Gas (NLNG) to the Federation Account in line with statutory…
- 14 Nov 2016
FG to Restructure NNPC, List Shares on NSE
Federal government plans to list the Nigerian National Petroleum Corporation (NNPC) on the Nigerian Stock Exchange, once it concludes its reforms of the country’s petroleum sector, the latest draft…
- 12 Feb 2016
Nigeria to Fix Refineries through Private Sector Funding
Mr. Ibe Kachikwu, minister of State for Petroleum Resources, disclosed this when Mr. Uwe Beckmeyer, German vice minister for Economic Affairs and Energy paid him a courtesy visit in Abuja, also noted…
- 13 Aug 2021
Ahmed Joda, Ex-Chairman of NCC Board of Commissioners is Dead
Alhaji Ahmed Joda, former chairman of the Board of Commissioners of the Nigerian Communications Commission (NCC), is dead. Ahmed Joda Joda was also a northern elder statesman and former federal super…
- 7 Jul 2022
Afreximbank Signs Deal with UTM on Financing for Historic Floating LNG Project
African Export-Import Bank, Afreximbank, yesterday disclosed that it has executed a project preparation facility financing head of terms with UTM Offshore Limited, under which the Bank will…
- 17 Nov 2017
EcoBank Research: Digital Innovation in SSA Driven by Explosion in Mobile Phone Usage
By peter oluka Digital innovation in Sub-Saharan Africa is being driven by the explosion in mobile phone usage, enabling African consumers to leapfrog existing business models and technologies The…
- 10 Feb 2013
China Dumps Nigeria’s Oil, Heads for Angola
Nigeria has lost its status as Africa’s biggest exporter to Asia, particularly the China to Angola and this is coming as the latest oil and gas outages by oil giants, ExxonMobil and Shell continues…
- 25 Jun 2024
Bonny Youths Shut Down 2 Oil Companies over Alleged Neglect
Finima Youths in the Bonny Local Government Area of Rivers State on Tuesday shut down two major oil service companies: Saipem Construction Nigeria Limited and Daewoo Engineering and Construction…
- 15 Oct 2020
CPJ Enjoins Online Publishers to Rise against Cybercrime Act
Committee to Protect Journalists (CPJ) has enjoined online publishers in Nigeria to rise against the Cybercrime Act, noting that journalists publishing online are vulnerable to the various challenges…
- 12 Feb 2021
FG Floats N1trn Infra-Co to Tackle Infrastructure Deficit
President Muhammadu Buhari has approved the establishment of a Public Private Partnership (PPP), styled Infrastructure company named Infra-Co with an initial seed capital of one trillion naira.…
- 25 Feb 2021
FG Seeks Asset Manager for N15tn Infraco Fund
Federal government plans to hire an asset manager for its new Infrastructure Development Company (Infraco), designed to raise as much as N15 trillion ($36.7 billion) for infrastructural projects and…
- 10 May 2015
Ajisebutu: Taciturn Giant of Telecoms Sector
Wale Ajisebutu, vice chairman and CEO, 21st Century Technologies Limited, Nigeria’s information technology powerhouse is a shining example of a superb Nigerian who has brought value, candour and…
- 15 Feb 2010
Standard Alliance Life pays N4.74bn claims in 3 years
Standard Alliance Life Assurance Ltd, a member-company of Standard Alliance Group, says it has paid out N4,741,170,262.17 as maturities, value and death claims to its affected group and…
- 22 Jan 2020
DEMS Volunteers’ Applaud Ongoing Reforms in Oil and Gas Sector by Minister
The Digital Economy Media Support Volunteers, DEMS Volunteers, has commended the ongoing digital oil & gas reforms being championed by Chief Timipre Sylva, Minister of State for Petroleum…
- 12 Oct 2009
Oando, GNPC Join Hands in $1Bn Jubilee Project
Oando has been selected as a Strategic Partner to the Ghana National Petroleum Corporation (GNPC) to develop assets and infrastructure to harness the gas that will be produced from the offshore…
- 12 Oct 2009
Oando, GNPC Join Hands in $1Bn Jubilee Project
Oando has been selected as a Strategic Partner to the Ghana National Petroleum Corporation (GNPC) to develop assets and infrastructure to harness the gas that will be produced from the offshore…
- 8 Jun 2015
Buhari Reopens Halliburton Bribery Case 4 Years After
President Muhammadu Buhari has ordered the re-opening of the widely publicized Halliburton bribery case, following a request by the United States government. President Buhari has therefore directed…
- 20 Feb 2024
Achieving Universal Clean Cooking Fuel in Africa
By Okoko Chidozie Christian [email protected]; 09025179984 Every person needs food to sustain their lives. The vast majority of staple foods about 95% needs cooking before they can be…
- 10 Feb 2015
HSBC Fingers Garuba, Agom in $182m Halliburton Bribery Scandal
Leaked records from HSBC, a huge global bank based in London, has indicted chief of staff to former military Head of State, General Abdulsalami Abubakar, now retired Major General Chris Garuba, and a…
- 19 Oct 2009
Shell Pens Bonga North-West Flowline, Installation Contract
Shell Nigeria Exploration and Production Company (SNEPCo) has signed a contract with Saipem Contracting Nigeria Limited for the provision of crude oil flowlines and installation of other…
- 16 Jun 2015
Buhari Queries NNPC’s Multiple Accounts
President Muhammadu Buhari was visibly angry when he revealed that the Nigerian National Petroleum Corporation (NNPC), has too many bank accounts, describing it as “improper”. Buhari said either the…