Drop in gas supply frustrated power generation throughout 2019
Fact check beginning from January 2019 to year end on reasons behind poor supplies of electricity across the country has revealed that distorted supply of gas to power plants remains the highest factor amongst others. Also, the poor supply of…
Location of Brass Island ideal for oil & gas investors—FG
The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Mr Simbi Wabote, has revealed that the natural location of Brass Island in Bayelsa State remains the best in comparative advantage for investors in oil and gas in the country….
Train 7 FID: FG’s commitment to acceleration of gas revolution—Derefaka
Technical Adviser (TA) to the Minister of State, Petroleum, Mr Justice Derefaka, has described last week’s Final Investment Decision (FID) on Train 7 of the Nigerian LNG as a milestone, reinforcing Federal Government’s commitment to the acceleration of the gas…
Just in: Final Investment Decision on $10bn NLNG Train 7 taken in Abuja
Fresh boost today, December 27, 2019 emerged for the Nigerian gas sector following the successful Final Investment Decision (FID) for Train 7 Project of the Nigeria LNG Limited (NLNG) in Abuja. The construction period after FID will last approximately five…
Chevron, NNPC seal EGTL Settlement Agreements to deepen domestic gas access
…Highlight socio-economic feats in Nigeria The management of the leading international oil and gas conglomerate, Chevron Nigeria Limited (CNL) has given insights on the expected advantages of newly sealed Escravos Gas-To-Liquid (EGTL) Project Settlement Agreements entered into by it and…
GMD of Ghana’s only national refinery, Isaac Osei resigns
Group Managing Director of the Tema Oil Refinery (TOR), Engr. Isaac Osei, has presented his resignation letter to the Chairman of the Board of the national refinery indicating January 1, 2020 as effective date if leaving office. Business Hilights’ Ghana…
Shell, Imo gov renew commitments to SPDC’s gas project
The Imo State Government has once again reassured the management of Shell Petroleum Development Company (SPDC) and Seplat Petroleum on its determination to drive seamless delivery of the ongoing multibillion-dollar Assa North/Ohaji South Gas development project. The combined volume translates…
2020 year of gas revolution, says Minister
The Honourable Minister of State for Petroleum Resources, Chief Timipre Sylva has declared 2020 as the year of Gas for the Nation. He made this known when he received the Executive Management of the Nigeria Liquefied Petroleum Gas Association (NLPGA)…
Delay suffered by FID on $10bn NLNG Train 7 may make or mar sector in 2020
The Nigerian energy sub sector is currently in serious dilemma following the observed failure of the Federal Government and other shareholders of the Nigeria LNG Limited to take a Final Investment Decision (FID) on the company’s Train 7 project at…
Waltersmith Modular Refinery set to meet scheduled deadline in 2020
Logistics have been put in place to flag off phase one of the modular refinery and the ground breaking ceremony of the phase two is expected to hold in May 2020. The Waltersmith project has already reached 90 percent completion;…
