Magistrates’ Court sitting in Port Harcourt, Rivers State has reserved ruling in a case of alleged obtaining by false pretence brought against the Nigerian Liquefied Natural Gas Limited (NLNG), its former Managing Director, Mr. Tony Attah, and General Counsel, Akachukwu…
By Uthman Salami Germany, the Europe’s largest economy is projected to become a net importer of electricity in 2023 for the first time since 2002 due to retiring coal plants and the nuclear phase-out. The International Energy Agency (IEA) made…
The Minister of Mines and Steel Development, Olamilekan Adegbite, has said Nigeria has what it called “the mineral of the future” that can power electric cars and phones. Adegbite said this to international investors during one of the investors’ forums…
Nigeria LNG Limited (‘NLNG’) has has discreditted an online advertisement announcing vacancies for its Train 7 Project positions. It disclosed this in a statement made available to Nigerian NewsDirect. “The advertisement goes further to request that interested persons join WhatsApp…
…Says accused’s counterclaims contain deficiencies By Uthman Salami A District Court in U.S. at Eastern District of Pennsylvania, on January 5, struck out Jackson Ude, publisher of Pointblanknews.com’s, motion seeking to dismiss the case of defamation against Simbi Kesiye Wabote.…
The Organization of Petroleum Exporting Countries. OPEC and its allies don’t want crude prices to climb to $100 a barrel, and are reviving production quickly enough to prevent global markets from “overheating,” Oman’s oil minister said. The OPEC and its allies, a…
What should have been good news for Nigeria is set to be a fiscal headache as the international benchmark for oil prices surged above $85 per barrel on Wednesday. Data obtained showed Brent crude sold for $85.04 a barrel the day before and the…
President Joe Biden is considering a cut in biofuels blending mandates focusing on ethanol and eying a cut below the 15 billion gallons proposed by the EPA. Reuters reported while quoting an anonymous sources close to the White House. The…
The Board of Directors of Nigeria LNG Limited (NLNG) has approved the supply of 100% of the company’s LPG production (Propane & Butane) to the Nigerian market. Consequently, NLNG will prioritize the domestic market for 100% of its Butane production,…
A local government in the Niger Delta is disputing the conclusion of an investigation over who was to blame for a five-week oil spill, with potentially significant implications for affected communities’ prospects of securing compensation. Lagos-based Aiteo Eastern E&P Co.…
