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All posts tagged "gas sector"

  • FG working to make Nigeria regional hub for gas-based industries – NNPC

    Dr David Ige, the Group Executive Director, Gas and Power Directorate of NNPC said that the federal government was working to position Nigeria as the regional hub for gas-based industries. Ige who made this known on Tuesday...

    • Posted September 25, 2013
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  • Investors trade 1.514billion shares in one week

    Investors traded a total of 1.514 billion shares worth N12.062 billion in 24,983 deals last week on the floor of the Nigerian Stock Exchange, NSE. This was in contrast to a total of 1.071 billion shares valued...

    • Posted September 23, 2013
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  • NNPC, Shell disagree over $700m loss claim

    The Nigerian National Petroleum Corporation on Tuesday refuted the claims that Royal Dutch Shell, an international oil company with operations in the country, lost $700m in the second quarter of this year due to oil theft and...

    • Posted August 8, 2013
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  • Power crisis ends soon as FG increases gas supply – Alison-Madueke

    The Federal Government has given the assurance that the end is near for the nation’s current power crises, as more gas will be released to feed the power generating plants in the country. The assurance was given...

    • Posted July 31, 2013
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  • NUPENG to begin 3-day warning strike on Monday

    The Nigerian Union of Petroleum and Natural Gas Workers, NUPENG, has said that it would embark on a three-day warning strike on Monday. NUPENG’s General-Secretary, Isaac Aberare, made this known in a statement on Sunday in Lagos....

    • Posted June 30, 2013
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  • Skye Bank posts N127.7 billion profit for 2012

    …plans to invest over $100m million in power sector Skye bank Plc has achieved gross earnings of N127.7 billion in 2012 operations, against N102.4 billion posted in 2011. Besides, the bank announced plans to inject over $100...

    • Posted May 21, 2013
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  • PIB: Experts call for upward review of host communities’ fund

    SENATORS were,yesterday, told that passage of the Petroleum Industry Bill, PIB, into law might lead to repeal of laws that established 10 agencies, including Nigerian National Petroleum Corporation, NNPC, and preservation of five others. Senators were also...

    • Posted April 30, 2013
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  • PENGASSAN President implores FG to grant incentives to owners of private refineries

    Mr Babatunde Ogun, President, Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), on Thursday called on the Federal Government to grant incentives to owners of private refineries. Ogun made the call at an interactive session...

    • Posted March 30, 2013
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  • PIB: Uncertainties stall Shell’s $30bn investment

    The Country Chair of Shell Companies in Nigeria and Managing Director of the Shell Petroleum Development Company of Nigeria Limited, SPDC, Mr. Mutiu Sunmonu, has said that the non-passage of the Petroleum Industry Bill, PIB, is among...

    • Posted February 21, 2013
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