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Home » Articles posted by Incar2015 (Page 444)

Nigerian crude differentials under pressure from ample supply

  • By Incar2015
  • Uncategorized
  • Posted on 22 Dec, 2016
Nigerian differentials have remained under pressure from ample supply. Around 30 January-loading cargoes are still available even as the February programmes have started to emerge, Reuters reports. The Qua Iboe programme for February has still Continue Reading 

FG looking for private sector participation in refineries not privatisation – Kachikwu

  • By Incar2015
  • Uncategorized
  • Posted on 22 Dec, 2016
The Federal Government has said that it favours private sector investment and subsequent joint ownership and management of the country’s three refineries in Warri, Port Harcourt and Kaduna for greater efficiency, adding that it Continue Reading 

WHY NIGERIAN POWER GENERATION DROPPED EVEN FURTHER

  • By Incar2015
  • Uncategorized
  • Posted on 3 Mar, 2016
  • Leave a comment
exxon-gas-flaring-photo01
In West Africa, the Nigerian federal ministry of power stated that electricity generation is gradually declining because of gas supply challenges. According to a national statistics on generation profile document provided to local media, The Continue Reading 

Shell being sued in two claims over oil spills in Nigeria

  • By Incar2015
  • News
  • Posted on 2 Mar, 2016
  • Leave a comment
_80099293_024973534-1
Oil giant Shell is being sued in London for the second time in five years over spills in the Niger Delta. Two communities are claiming compensation and want Shell to clean up their land. Shell said it is at an “early stage” in Continue Reading 

Nigeria: N149bn revenue lost to gas flaring in 11 months

  • By Incar2015
  • News, NNPC
  • Posted on 1 Jan, 2016
  • Leave a comment
exxon-gas-flaring-photo01
Using the Nigerian Gas Company’s average natural gas price of $3 per 1,000 cubic feet of gas, Nigeria loses $746.37 million, an equivalent of N149.27 billion to gas, as oil and gas companies in the country flared 248.79 billion cubic feet (BCF) Continue Reading 

Nigeria: Petroleum corporation remits $4.9b to Gov’t

  • By Incar2015
  • News, NNPC
  • Posted on 1 Jan, 2016
  • Leave a comment
nnpc
The Nigerian National Petroleum Corporation (NNPC) paid $4.9 billion for domestic crude oil and gas and other receipts to the Federation Account from January to November 2015, a new report disclosed.According to the November financial report Continue Reading 

Oil prices slide by one per cent on 2016 weak outlook

  • By Incar2015
  • NNPC
  • Posted on 1 Jan, 2016
  • Leave a comment
crude-oil-prices1-300x225
Continue Reading 

How To Block Leakages In Oil, Gas Industry – NEITI

  • By Incar2015
  • News, NNPC
  • Posted on 3 Dec, 2015
  • Leave a comment
US_delegation_visits_NEITI
The Nigerian Extractive Industries Transparency Initiative (NEITI) on Wednesday December 1, said the un-bundling of Nigerian National Petroleum Corporation (NNPC) would curb corruption in the oil and gas industry. Dr Ogbonnaya Orji, the acting Continue Reading 

NNPC pays N872.90b to Fed Govt

  • By Incar2015
  • News, NNPC
  • Posted on 2 Dec, 2015
  • Leave a comment
nnpc
• Refineries record zero products Between January and October this year, the Nigerian National Petroleum Corporation (NNPC) remitted N872.90billion for Domestic Crude Oil & Gas and other receipts to the Federation Account. In its October Continue Reading 

Sustaining the Reforms in Oil and Gas Sector

  • By Incar2015
  • News, NNPC
  • Posted on 17 Nov, 2015
  • Leave a comment
kachiukwu ibe
Within 12 weeks in office as the Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Emmanuel Ibe Kachikwu has set short and long-term targets to tackle the challenges in the oil and gas sector. His recent elevation to Continue Reading 
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