Nigeria’s oil and gas firm, Techno Oil Limited has unveiled its TechnoGas Liquefied Petroleum Gas (LPG) cylinders at the 31st World LPG Forum holding in Houston, Texas in the United States of America. LPG is also popularly known as cooking gas. The Sun newspaper has reported. The unveiling of the cylinders formally makes Nigeria to…
By Oke Peter Oil price, yesterday, dropped to around $83 a barrel on pressured by expectations that some Iranian oil exports will keep flowing after the U.S. reimposes sanctions, easing a strain on supplies. Brent crude, the international benchmark was down $1.07 to $83.09 per barrel at 0817 GMT. It hit a four-year high of…
By Oke Peter The Transmission Company of Nigeria (TCN) says it has fully repaired the 30MVA 132/33KV power transformer in Oghara transmission substation in Delta. The TCN’s General Manager, Public Affairs, Mrs Ndidi Mbah, made this known in a statement on Monday in Abuja, saying that the transformer under reference had also been energised since…
By Damilola Shittu The Federal Government on Monday announced that it had raised the sum of $177m out of the $1bn required for the cleanup of Ogoni land in the Niger Delta region of Nigeria. It stated that refineries of crude oil were expected to raise the balance, adding that the $1bn was to be…
Several people were injured in a blast that hit on Monday an oil refinery in the City of Saint John located in the eastern Canadian province of New Brunswick, plant’s owner Irving Oil said. “As an update on our Saint John refinery incident this morning, we now understand that all employees and contractors working on…
By Oke Peter The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engineer Simbi Wabote has commissioned a new security vessel, MV Tamuno-Dein II, acquired by BGAM Services Limited, the first oil and gas company to access the Nigerian Content Intervention Fund (NCI Fund). The ceremony was performed on Friday at the Naval Shipyard,…
Italy’s Eni and Britain’s BP on Monday signed a deal with Libya’s National Oil Corporation aimed at renewing oil exploration in the war-ravaged country, the companies said. The three businesses signed a letter of intent in London which will see Eni acquire 42.5 per cent of BP’s Exploration and Production Sharing contracts in Libya in…
Leakage from an oilfield operated by Shell Petroleum Development Company (SPDC) at Aghoro community in Bayelsa has discharged some 1,114 barrels of crude oil into the environment. The leakage has adversely affected the fishing vocation of residents who had withdrawn from fishing to pave way for clean up. The resulting oil spill impacted and polluted…
Amin H. Nasser, President and Chief Executive Officer of Saudi Aramco and Patrick Pouyanné, Chairman and Chief Executive Officer of Total, signed today in Dhahran the joint development agreement for the front-end engineering and design (FEED) of a giant petrochemical complex in Jubail, on Saudi Arabia’s eastern coast. Announced in April 2018, the world-class complex…
The unrivaled, life-changing power of solar energy: battling climate change and accelerating socio-economic development Bouake, the second largest city of Cote d’Ivoire, suffered its first-ever shutdown of domestic water supply. The country’s dammed lake, which supplies 70 percent of the city’s water supply, completely ran dry. According to many experts, this was yet-again another consequence…
