NewsColony

Tag : Oil and Gas

Business

NCDMB: Nigeria saves $2 billion on LNG Train 7 through local content development

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Nigeria has saved $2 billion on Engineering Procurement and Construction (EPC) contract for Nigeria LNG Train 7 Project through the Nigerian Oil and Gas Industry...
Business

Waltersmith to open 5,000-barrel a day capacity refinery in September

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Waltersmith Petroman Oil Ltd., a Nigerian independent producer, will open a 5,000-barrel a day capacity modular refinery next month in Africa’s top crude producer that...
Business

NSE strengthens investor protection, upgrades X-Whistle

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The Nigerian Stock Exchange (NSE) has announced the upgrade of its whistleblowing platform, X-Whistle. X-Whistle which was first launched in 2014, is a web-based whistleblowing...
Business

Total: PIB to drive new wave of investments in Nigeria’s oil industry

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Managing Director, Total Exploration and Production Nigeria Limited, Mike Sangster, Tuesday, disclosed that passage of the Petroleum Industry Bill, PIB, would spur a new wave...
Business

Governor Emmanuel demands petroleum depot in Akwa Ibom

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Governor Udom Emmanuel of Akwa Ibom State has insisted that Akwa Ibom State sitting on 25% of Nigeria’s oil and gas reserve, deserves at least...
Business

Mele Kyari: NNPC now EITI supporting company

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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, says the corporation has become an Extractive Industries Transparency Initiative (EITI)...
Business

IPMAN to shutdown operations in Anambra in solidarity with member

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Following last minute intervention by the Anambra government, members of Independent Petroleum Marketers of Nigeria (IPMAN) in the state, will now shutdown operations on Aug....
Business

Official: DPR to create opportunities to enable business in oil, gas industry

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The Department of Petroleum Resources (DPR) has promised to use its regulatory framework to continue to create opportunities and enable businesses in the oil and...
Business

Heirs Holdings names new group executive director

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Pan-African investment company, Heirs Holdings, has announced the appointment of Dan Okeke as Group Executive Director. The Group in a statement said the appointment took...
Business

Firm petitions House of Reps over unpaid N70 million, $30 million debts

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An engineering company operating in the Oil and Gas sector under the aegis of DE COON Services Limited has petitioned the House of Representatives over...