Where Two Or More Are Gathered There Is A Stir

The proposed bill for an amendment of the Nigeria Liquefied Natural Gas (NLNG) Act that seeks to compel the NLNG to pay three per cent of its yearly budget to the Niger Delta Development Commission (NDDC) causes a stir in a no-holds-barred meeting involving oil and gas industry stakeholders and a member of the House of Representatives, Simon Yakubu Arobo. Read more here: http://thenationonlineng.net/planned-nlng-acts-amendment-causes-stir/

Power Outage Equals Cedis Outage

The energy crisis that rocked Ghana from 2011 to 2015 has impacted negatively, and heavily, a number of small and medium-scale enterprises (SMEs) in the country as they lost about 250 million Ghana cedis or 56.24 million U.S dollars. Read more here: http://news.xinhuanet.com/english/2017-08/24/c_136550251.htm

Shelling Ahead!

A gas project projected to supply 175,000 barrels of oil equivalent per day (boepd) at its peak by 2019, and likely to boost gas supply to the domestic market and maintain supply to the export market, is being carried out by Shell Petroleum Development Company of Nigeria Ltd (SPDC) at Gbaran-Ubie Phase 2 in Bayelsa State. Read more here: http://www.thisdaylive.com/index.php/2017/08/24/shell-begins-gas-production-in-second-phase-of-bayelsa-project/

Done And Dusted

President Nana Addo Dankwa Akufo-Addo, yesterday, returned to Ghana after his 3-day official visit to Equatorial Guinea, where he signed two agreements, and one of which is a Heads of Agreement on the Supply of LNG and the support regarding import infrastructure. Read more here: http://www.thestatesmanonline.com/index.php/news/3593-president-back-from-equatorial-guinea-visit

The Total Amount So Far

$10 billion is the amount that has been invested in the oil and gas sector in Nigeria, by Total Nigeria. This was revealed last week by its Managing Director, Mr Nicolas Terraz, at the 2017 August Conference of Association of Energy Correspondents of Nigeria. Read more here:  https://bizwatchnigeria.ng/total-injects-10billion-nigerias-oil-gas-sector/