Energy

NLNG slashes LPG export as local prices bite harder

The Nigeria Liquefied Natural Gas(NLNG) Limited is reducing export of Liquefied Petroleum Gas (LPG) or cooking gas, pushing more volume into the domestic market as the country grapples with gas shortage. “As part of the measures to support the federal…

Shell approves $800m contracts for Nigerian companies

Country Chair, Shell Companies In Nigeria (SCiN), Mr. Osagie Okunbor, has announced approval of $800 million contracts representing 100 per cent of its contracts  to Nigerian companies in 2020. Okunbor made the announcement during a panel session at the Association…

OPEC’s October output increases by 190,000bpd

…As Nigeria, others reject US appeal to raise oil supply By Uthman Salami Though the increase in OPEC’s oil output in October fell short of the rise planned under a deal with allies, the Organization of the Petroleum Exporting Countries…

NLNG to sustain growth of Nigeria’s GDP

The Nigerian Liquefied Natural Gas, NLNG, said it will sustain its intervention in critical sectors of the economy especially in infrastructure support initiative to help boost the economy. This was the submission made by Philip Mshelbila, Managing Director/CEO, Nigeria LNG…