The Oil and Gas Trainers Association of Nigeria (OGTAN), in collaboration with Nigerian Content Development and Monitoring Board (NCDMB) has concluded arrangements to host its second annual international conference and exhibition tagged, “Human Capital Development: as a Driver for National Transformation”, billed to take place next month at Eko Hotel and Suites, Lagos from 13 to 16 of April, 2019.
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Gas
Stanbic IBTC, Eland Oil and Gas in N18b deal
Stanbic IBTC Holdings and its parent company, Standard Bank Group of South Africa, have partnered with Eland Oil & Gas, on a new accordion facility and increased borrowing base of $50 million (about N18 billion). The facility is being underwritten by Stanbic IBTC Bank and Standard Bank while Stanbic IBTC Capital Limited will act as […] …
Price of cooking gas increased in February – NBS
The National Bureau of Statistics (NBS), said the average cost of refilling a five kilogramme (kg) cylinder of Liquefied Petroleum Gas (cooking gas) increased from N2,039.82 in January to N2,067.68 in February.
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Power sector suffers more setbacks
Gas Supply, distribution and transmission facilities continue to plague the availability of electricity to many households in the country, leading to about N86 billion loss of revenue to the power sector in the first two months of 2019.
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Local content is essential to oil, gas
Samsung Heavy Industries Nigeria (SHIN) Limited Managing Director Mr. Jejin Jeon, in this interview with Sunday Oguntola speaks on the importance of local content in the oil and gas sector, among other issues. What is your assessment of the local content legislation in oil and gas industry? It’s fair to say that ‘local content’ regulations […] …
FG commences training of stakeholders on oil, gas sector Measurement
ENUGU – FEDERAL Government has commenced training of stakeholders in oil and gas sector on proper metering and measurement in the sector to enhanced national development.
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MT Africa Gas, MT Sahara Gas boost LPG supply by 437,170 MT in two years
Two years ago in Ulsan, South Korea, a special event that would positively impact accessibility to clean energy in Africa and beyond elicited excited cheers from leading stakeholders, environmentalists and energy experts. It signaled a new dawn and a huge boost for the cause of sustainable supply of Liquefied Petroleum Gas (LPG), especially in West Africa.
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NNPC: Nigeria earns $640.35m from oil, gas
• Pipeline vandalism up 42.9% The Nigerian National Petroleum Corporation (NNPC) yesterday said Nigeria earned $640.35million from the export of crude oil and gas for the month of October, last year. NNPC Monthly Financial and Operations Report for October 2018 which contained this, also showed that the total export receipt of $640.35 million recorded during […] …
More power, oil, gas output
Available fundamentals have shown that the sector will be robust in 2019. With an expected 2.5million barrels per day, there will be more power supply and more oil and gas production, writes EMEKA UGWUANYI. The power industry has, over the years, been replete with excuses, accusations and counter-accusations. Previously, it was due to more than […] …
Oil, gas stakeholders urge FG to make budgetary provision for exploration
Some stakeholders in the oil and gas industry have advised the Federal Government to make provision in subsequent national budgets for offshore and onshore exploration activities to encourage new discoveries.
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