Equity price: Seplat rebounds; Capoil is loser of the day
28 February 2018, Sweetcrude, Lagos – Seplat Petroleum bounced back from decline at Wednesday’s trading for energy companies at the Nigeria...
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USCG confirms Brownsville channel’s suitability for Texas LNG traffic
28 February 2018, News Wires – The U.S. Coast Guard issued a letter recommending to the Federal Energy Regulatory Commission (FERC) that th...
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ExxonMobil’s PNG LNG plant remains shut after quake
28 February 2018, News Wires – The ExxonMobil-operated PNG LNG export project remains closed following a magnitude 7.5 earthquake that stru...
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Equity Price: Seplat rebound as Capoil activate, fall
28 February 2018, Sweetcrude, Lagos — Seplat Petroleum bounced back from yesterday’s drop on Wednesday trading activities on the floor of t...
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Modular refinery: Integrated oil boss urges FG on support for indigenous players
OpeOluwani Akintayo 28 February 2018, Sweetcrude, Lagos — Capt. Emmanuel Iheanacho, the Chairman, Integrated Oil and Gas Ltd., has appealed...
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ABB microgrid supports Jamaica’s transition to renewables
28 February 2018, Sweetcrude, Zurich, Switzerland — ABB will supply an ABB Ability™ enabled microgrid and storage system to help integrate ...
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Solar success in rural Senegal: “Seize the obvious”
“Two limitless local resources—energy from the sun and local confidence— that’s what it takes to win,” asserts CEO of Energy Resources Sene...
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Wärtsilä to secure uninterrupted electricity supply for Geita Gold Mine
28 February 2018, Sweetcrude, Lagos — The technology group Wärtsilä ensures the customer’s business continuity and mitigates interruptions ...
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Financial market products & services update
28 February 2018, Sweetcrude, Lagos — The local and international financial market products and services update. NIGERIA: Nigeria returned ...
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NNPC, Kogi to produce 84 million litres of bio-fuel
“NNPC is committed to implementing Nigeria’s Nationally Determined Contribution (NDC) under the Paris Agreement aimed at combating global C...
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TCN suffers setback in plan to energise 2 substations in Enugu
28 February 2018, Sweetcrude, Abuja – The 132kV double circuit transmission line being constructed by the Niger Delta Power Holding Company...
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Deregulate petrol price, fuel station operators urge govt
Mkpoikana Udoma 28 February 2018, Sweetcrude, Port Harcourt – Fuel station operators in Port Harcourt, the Rivers State capital, have urged...
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Fuel scarcity: Nigeria needs 75 modular refineries by 2020 – Varsity don
Oscarline Onwuemenyi 28 February 2018, Sweetcrude, Abuja – A lecturer at the Federal University of Petroleum Resources, Effurun, Prof. Ogba...
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Template for solar-powered mini-grids emerges in Nigeria
Julie McPherson 28 February 2018, Sweetcrude, Lagos — In a developing country with a population of 186 million people, only a lucky few who...
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NPA harps on regional cooperation and integration for African ports
Vincent Toritseju 28 February 2018, Sweetcrude, Lagos — The Nigerian Ports Authority, NPA, yesterday harped on the cooperation and integrat...
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Weekly SweetcrudeReports/Guardian collaboration Feb 28 2018
Read the Weekly SweetcrudeReports/Guardian collaboration The post Weekly SweetcrudeReports/Guardian collaboration Feb 28 2018 appeared fi...
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Nigerian maritime industry to grow 5% in 2018/2019, says NIMASA
Michael James 28 February 2018, Sweetcrude, Lagos – The Nigerian maritime industry is projected to grow by 2.5 – 5 % in 2018-2019. Also, de...
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Abuja Disco, TCN disagree over power outage in Lokoja
“It is rather unfortunate that the TCN will also turn round to blame the lingering outage in Lokoja on AEDC, when the actual reason for the...
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U.S. to become world’s No.1 oil producer in 2019 – IEA
28 February 2018, Sweetcrude, Lagos – The International Energy Agency, IEA, has said the United States will beat Russia to become the world...
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Equity trading: Total leads, Seplat plunges
27 February 2018, Sweetcrude, Lagos – Tuesday’s trading at the Nigerian Stock Exchange for energy companies saw Total leading the market wi...
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86 percent of Nigerians buy petrol at N199 per litre, survey shows
“The prevailing price of petrol was also ascertained and results revealed that an overwhelming proportion, 86 per cent, of Nigerians disclo...
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Hyundai Heavy develops SMR re-liquefaction test facility
27 February 2018, News Wires – South Korean shipbuilder Hyundai Heavy Industries said it has recently completed the single mixed refrigeran...
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TUC warns against proposed increase in electricity tariff
“TUC recalls with dismay that several billions of naira have been expended in the sector to no avail. The call for tariff hike cannot be a ...
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ExxonMobil shuts LNG plant over Papua New Guinea quake
…At least 14 die in quake 27 February 2018, Melbourne – At least 14 people were reported killed in landslides and by collapsed buildings du...
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New national wage implementation to commence by 3rd quarter of 2018 – Ngige
Akabueze explained that when an agreement had been reached on the new minimum wage, the financial implications would be worked out and a su...
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Shell foresees LNG supply shortage by mid-2020s
27 February 2018, Sweetcrude, Lagos – The Royal Dutch Shell says the world could face a shortage of liquefied natural gas, LNG, within a de...
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Niger Delta: $40bn investments wasted over 20 years — Kachikwu
Ike Amos 27 February 2018, Sweetcrude, Lagos — Minister of State for Petroleum Resources, Mr. Ibe Kachikwu, has described as a waste and in...
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OPEC daily basket price close at $65.18/b
27 February 2018, Sweetcrude, Vienna, Austria — The price of OPEC basket of fourteen crudes stood at $65.18 a barrel on Monday, compared wi...
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Total & Aston Martin renew their global partnership
*Total extends lubricant & technical partnership with Aston Martin Racing *Aston Martin recommends TOTAL QUARTZ INEO DYNAMICS 0W-20 for...
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Revive eastern ports, IYC charges Ameachi
Mkpoikana Udoma 27 February 2018, Sweetcrude, Port Harcourt – The Ijaw Youth Council, IYC, worldwide, has said the Minister of Transportati...
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Shell wins Nigeria Oil and Gas Industry games for record third time
27 February 2018, Sweetcrude, Lagos — For the third time running, Shell has won the Nigeria Oil and Gas Industry Games (NOGIG), posting a c...
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Equity: Japual maintains last week lead, Seplat fall
26 February 2018, Sweetcrude, Lagos – Monday’s trading activities on the floor of the Nigerian Stock Exchange for energy companies saw Japa...
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Chinese January LNG imports hit record high
26 February 2018, News Wires – China’s imports of liquefied natural gas (LNG) surged in January as the country continued its switch from co...
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South Korea’s SK Group may join LNG forces with Malaysia’s Petronas
26 February 2018, News Wires – South Korean conglomerate SK Group and Malaysia’s energy giant Petronas could partner on liquefied natural g...
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Trans-border trade: Nigeria Customs vacates Benin Republic over disagreements
*Alleged molestation of officers Vincent Toritseju 26 February 2018, Sweetcrude, Lagos — The Nigeria Customs Service has said that it is mo...
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SPE renews call for investment in renewable energy
OpeOluwani Akintayo 26 February 2018, Sweetcrude, Lagos – Nigeria has been advised to increase its investment in renewable energy as an alt...
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Novatek seeks Saudi Aramco as partner in Arctic LNG-2
26 February 2018, News Wires – Russian LNG export player Novatek is looking to bring Saudi Aramco onboard its second liquefied natural gas ...
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US LNG exports drop for second week running
26 February 2018, News Wires – Houston-based liquefied natural gas export player, Cheniere, saw a decrease in the number of cargoes of LNG ...
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Dangote Cement gives multi-million Naira scholarship to 115
26 February 2018, Sweetcrude, Lagos — In a major boost to its Corporate Social Responsibility profile, Dangote Cement Plc (www.DangoteCemen...
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Saudi to supply 12m barrels crude to China’s Huajin in 2018 deal
26 February 2018, Beijing — State-run Saudi Aramco has agreed to supply China’s Huajin Chemical Industries Group Corp 12 million barrels of...
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Trelleborg launches next generation Firestop™ material
26 February 2018, Sweetcrude, Lagos — Trelleborg’s offshore operation launches its next-generation Firestop™ material. The newly developed ...
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Financial market products & services update
26 February 2018, Sweetcrude, Lagos — The local and international financial market products and services update. NIGERIA: The four-day rall...
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OPEC daily basket price close at $64.16/b
26 February 2018, Sweetcrude, Vienna, Austria — The price of OPEC basket of fourteen crudes stood at $64.16 a barrel on Friday, compared wi...
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Group accuses Shell of re-laying pipelines in Ogoni
Mkpoikana Udoma 25 February 2018, Sweetcrude, Port Harcourt — The Ken Saro Wiwa Associates, KSWA, have accused the Shell Petroleum Developm...
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Nigeria govt, maritime stakeholders set to automate all processes
Vincent Toritseju 25 February 2018, Sweetcrude, Lagos — In a bid to grow the maritime sector in line with the Presidential order on the Eas...
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$14bn order book shows investors still crave African bonds
25 February 2018, London — The timing could scarcely have been worse. When Kenya started a series of meetings with some of the world’s bigg...
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Libya oil field halt slows exports, sending crude prices rising
*El-Feel protests disrupt output for first time in two months *Oilfield has output capacity of about 90,000 barrels a day 25 February 2018,...
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Total records 1% revenue shortfall in 2017
*Declares N14 per 50 kobo ordinary share dividend OpeOluwani Akintayo 25 February 2018, Sweetcrude, Lagos — TOTAL Nigeria PLC has recorded ...
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MRS Oil approves new director
OpeOluwani Akintayo 25 February 2018, Sweetcrude, Lagos — The management of MRS Oil Nigeria Plc has announced approval of Mr. John Ugochukw...
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Power: NERC, DisCos, Armed Forces, others meet
OpeOluwani Akintayo 25 February 2018, Sweetcrude, Lagos — The Nigerian Electricity Regulatory Commission, NERC, and electricity distributio...
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Lagos - Improved margins and freight rates have boosted price offers for both heavy and sweet West African crude oil as at Friday, November ...
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Lagos - Improved margins and freight rates have boosted price offers for both heavy and sweet West African crude oil as at Friday, November ... -
Mkpoikana Udoma Port Harcourt - The Ijaw Youth Council, IYC worldwide has threatened to shut down the head office of the Niger Delta Develop...