Nigeria LNG signs 10-year LNG deal with Galp
Nigeria Liquefied Natural Gas (NLNG) has signed a deal with Galp Trading SA for the supply of one million tonnes of LNG per year, the African producer said in a …
Nigeria’s Green Africa Airways signs MOU for 50 A220-300s
Green Africa Airways (Q9, Lagos), a Nigerian start-up, signed a Memorandum of Understanding (MOU) with Airbus covering fifty A220-300s. No tentative delivery schedule was announced. If firmed, the order will …
NNPC, Partners Disburse $360m for Ogoni Clean-up
The Nigerian National Petroleum Corporation (NNPC) and its joint venture partners – Shell Petroleum Development Company (SPDC), Total Exploration and Production of Nigeria (TEPNG) and Nigerian Agip Oil Company (NAOC), …
DPR transfers revoked OML 98 oil asset to NNPC
The Department of Petroleum Resources (DPR) on Friday handed over operatorship of Oil Mining Licence (OML) 98 to the Nigerian Petroleum Development Company, NPDC, the upstream unit of the Nigeria …
ENI signs a LNG supply agreement with Nigeria LNG
Italian energy major ENI signed on 27 January a new long-term contract for the purchase of 1,5 million tonnes of liquefied natural gas with Nigeria LNG Limited (NLNG), a joint …
Shell lifts force majeure on Bonny Light crude exports
The Shell Petroleum Development Company of Nigeria Ltd (SPDC) on Friday lifted a force majeure on Bonny Light crude oil exports, Nigeria’s major oil revenue source. The Royal Dutch Shell’s …
IFC delists Nigeria from top 5 investment destinations in Emerging Africa
The International Finance Corporate (IFC), an arm of the World Bank focused on investing in emerging markets, says it has downgraded Nigeria from among the top five countries that are …
Trump Administration Adds Six Countries to Travel Ban
President Trump added Africa’s biggest country, Nigeria, as well as Myanmar, Eritrea, Kyrgyzstan, Sudan and Tanzania, to his restricted travel list. President Trump on Friday added six countries to his …
Explosions: NCDMB, Rungas begin cylinder production
To address the high rate of gas explosions often occasioned by the influx of substandard cylinders, the Nigerian Content Development and Monitoring Board (NCDMB) has announced a partnership with Rungas Prime …