PIA’ll boost Nigeria’s oil production by 317% to 4m bpd — FG –
The Federal Government has said that the implementation of the newly enacted Petroleum Industry Act (PIA) will boost the oil production capacity of Nigeria by about 317 percent to four million barrels per day (bpd) from the current level of…
Partnering with Nigeria through social investments – The Chevron Nigeria experience
The Chevron companies in Nigeria celebrate with the country on the 61st anniversary of Nigeria’s independence, on October 1, 2021. The Nigerian oil and gas industry is strategic to the overall socio-economic development of the country. It is an industry…
Gas Commercialisation helps Nigeria to cut gas flare by 7.5% in 10 years
In line with the nation’s renewed focus on harnessing and commercialising its gas resources, the flaring or burning of the commodity which was the norm in the past, has now reduced by over 70 per cent in the last 10…
Summary of Chevron Nigeria’s CR Report, key achievements in 2020
Remarks by CNL’s Chairman/Managing Director, Rick Kennedy Chevron Nigeria Limited’s (CNL’s) 2020 Corporate Responsibility (CR) report focuses on the highpoints of the successes the company recorded during the period as well as the socioeconomic impact of its strategic social investments…
Dangote Refinery to break, set new record of 57,000 Personnel in a single company
The President/Chief Executive, Dangote Industries Limited, Aliko Dangote has disclosed plans to increase the human capacity at the Dangote Refinery Project site from 40,000 to 57,000 personnel in the coming months. According to him, the project currently employs 29,000 Nigerians…
Shell, US-based marine solutions seal deal on new LNG bunker barge
As part of international capacity development, Florida-based marine solutions, transportation and logistics company, Crowley Maritime Corporation has signed a long-term time charter with Shell NA LNG for the building and operation of a new LNG bunker barge. Under the arrangement,…
Our values distinguish; guide us in our activities—Chevron Boss
Chairman and Managing Director, Chevron Nigeria/Mid-Africa Business Unit, Mr. Rick Kennedy, has averred that the values of the oil exploration giant distinguish and guide the company’s operations. Chevron Nigeria Limited (CNL) is one of the largest oil and natural gas…
Continuing fuel subsidy till 2022 means violation of PIA—Expert
One of the government’s official abuse avenue of the just signed Petroleum Industry Act (PIA) will be to continue fuel subsidy beyond this year. This is the submission of an energy expert, who pleaded anonymity in an interview. The expert…
Rising cooking gas price blamed on forex as local production remain a ruse
The Petroleum and Natural Gas Senior Staff Association of Nigeria has said that the greatest problem causing the rise in the cost of Liquefied Petroleum Gas, popularly called cooking gas, is the fall of the naira against the United States…
Price of LPG in Nigerian market dependent on several market factors—NLNG
The Nigeria LNG Limited (NLNG) has reacted to a newspaper report article titled “How high cost of cooking gas leaves Nigerians with deadly alternatives” where it was inaccurately stated that NLNG produces 22 Million Tonnes Per Annum (MTPA) of Liquified…
