Tag Archives: Nigeria

Nigeria: Jonathan Sacks Oil Boss

President Goodluck Jonathan on Friday sacked the Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Andrew Yakubu. The Special Adviser to the President (Media & Publicity), Reuben Abati, said in a statement that a replacement, Joseph Dawha, was appointed to take over from him immediately. Mr. Abati also said the President also approved […]

Nigeria: How Environmental Interests Are Being Served in the Niger-Delta Region – Adedeji

Afolabi Adedeji is a fellow of the Nigerian Society of Engineers(NSE).In this piece,he examines the level of environmental degredation in the Niger-Delta Region. Preamble: Energy in general and that sourced from Hydrocarbon Fuels (Petrol, Diesel, Kerosene, Liquefied Natural Gas, various Oils & Greases utilized as Lubricants, etc.) in particular have become increasingly important over the […]

Nigeria: Jonathan Calls for Closer Partnership Between Nigeria, Other OPEC Nations

Abuja — President Goodluck Jonathan on Thursday, called for closer ties between Nigeria and other members of the Organisation of Petroleum Exporting Countries (OPEC). Jonathan made the call at a meeting with the new ambassadors of Qatar and the United Arab Emirates (UAE) to Nigeria, after receiving their letters of credence at the Presidential Villa, […]

Nigeria: Subsidy Must Go – Finance Commissioners, NECA

Commissioners for Finance from the 36 states of the federation rose from their monthly Federation Accounts Allocation Committee, FAAC, meeting in Abuja, yesterday, insisting that petroleum products subsidy must be removed. While their position was consistent with that of the Nigerian National Petroleum Corporation, NNPC, it sharply contradicted the thinking of the Nigerian Senate, which […]

Nigeria: Unaccounted U.S.$49.8 Billion – Senate Rejects Recommendation On Fuel Subsidy Removal

Almost six weeks after the Senate Committee on Finance submitted its report on the allegation made by the former Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, on the non-remittance of oil revenue to the Federation Account by the Nigerian National Petroleum Corporation (NNPC), the Senate yesterday deliberated on the report […]

Omotowa:NLNG Is A Huge Blessing To Nigeria


Omotowa:NLNG Is A Huge Blessing To Nigeria 14 October 2013   • Earns $ 25 Billion Earning From $ 2.6 Billion Investment• 70% Of Its Earnings Go To Nigeria• Supplies Over 70% Of Cooking Gas In Nigerian Market Nigeria is a big country that has not quite lived up to its billing. It has few […]

Nigeria: FG Commissions Calabar Transmission Sub-Station

In its bid to stabilize power supply in Nigeria, the Federal Government has again commissioned another transmission sub-station in Cross River state with a call on Nigerians to protect power infrastructure in their communities. While commissioning the project in Calabar, the Minister of State for Power, Mohammed Wakil said the commissioning is the next in […]

Korea Gas scheduled to get Nigeria LNG spot cargo at Pyeongtaek


Korea Gas scheduled to get Nigeria LNG spot cargo at Pyeongtaek 26 November 2013   Korea Gas Corp., the world’s largest commercial buyer of liquefied natural gas, is set to receive a spot cargo from Nigeria, ship-tracking data show. The Seri Begawan, with about 150,000 cubic meters of capacity, is en route to the Pyeongtaek […]

Not Ready to Buy or Sell Your Equipment?

Join our international network of oilfield buyers & sellers! 
We respect your privacy as well as your time and that's why we only send our newsletter no more than TWICE A MONTH.
Two emails per month (maximum). No ads. No affiliate links.