Gas pricing intrigues hurting new deals
The intrigues trailing the formalisation of the gas pricing at $2.50 may have been jeopardising numerous gas-to-power supply deals anticipated by the operating firms in the sector.
Stakeholders seek abolition of oil swap deals
Stakeholders in the energy industry have endorsed the cancellation of crude oil swap contracts, as well as Offshore Processing Contracts (OPA), which the Nigerian National Petroleum Corporation (NNPC) entered with traders, under the previous administration of President Goodluck Jonathan.
Frontier Oil makes case for local gas companies
CHIEF Executive Officer of Frontier Oil Limited, Dada Thomas, has called on the Federal Government to engage indigenous companies on ways of boosting gas production in the country.
Lubcon Oil bags national productivity merit award
FOR its significant contribution to the growth of the lubricant industry, Lubcon Limited, an indigenous oil lubricant producing company, has been conferred with National Productivity Order of Merit Award by the Federal Government.
Lagos lists benefits of energy conservation
THE Lagos State government has emphasised the need for consumers to adopt the practice of energy conservation to promote efficiency.
World Bank plans to end gas flaring by 2030
THE World Bank has unveiled plans to set a global standard to stop gas flaring, in an attempt to end the pollution and waste of resources that it creates.
Frontier Oil supplies gas to Alaoji, Calabar power plants
FRONTIER Oil Limited (FOL), an indigenous oil and gas exploration and production company, and the operator of the Uquo Marginal Field and the 200mmscfpd central processing facility, has commenced the supply of gas to Alaoji, Calabar and Ibom independent power plants. Chief Executive Officer of FOL, Dada Thomas, who made this revelation in the paper…
OWA confirms strategic partnership with Rave TV
THE Offshore West Africa Conference & Exhibition (OWA) owned and produced by the PennWell Corporation, has confirmed Rave TV onboard as a Strategic Media Partner for the upcoming 20th anniversary edition of OWA in Nigeria. Rave TV acclaimed as the first interactive multi-broadcast entertainment network in Nigeria with a global broadcast reach has in its…
Bristow Group Helicopter Crash Kills Oil Workers Returning from Rig
Bristow Group, a leading charterer of helicopters to the oil and gas industry in Nigeria has lost one of its helicopters in a crash, which killed four people. Six are said to have survived the crash, which occurred as the helicopter, an American-made Sikorsky S-76C, traveling from an oil rig in the Lagos lagoon. It…