Decision On $10bn NLNG Train 7 Suffers New Delay   The Federal Government and other shareholders of the Nigeria LNG Limited failed to take a final investment decision on the company’s Train 7 project last week, our correspondent has learnt. It was gathered that the Final Investment...

Nigeria, Others Plan Additional 500,000bpd Oil Production Cut   The Organisation of Petroleum Exporting Countries and its allies are considering a recommendation to cut an additional 500,000 barrels per day of crude production through the first quarter of 2020, with an option to extend it for...

NNPC Confirms Dec For $10bn NLNG Train-7 FID   The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, on Thursday said the Final Investment Decision on $10bn Nigeria Liquefied Natural Gas Train-7 would be executed in December. He said this in Abuja while receiving...

EITI Seeks Partnership With NNPC   The Extractive Industries Transparency Initiative (EITI) is seeking partnership with the Nigerian National Petroleum Corporation (NNPC), the director of EITI, Mark Robinson, said on Monday in Abuja. “NNPC is well placed as a transparent company to promote EITI’s new standards of...

NNPC, Others Move To Curtail Tanker Fire Mishaps   The Nigerian National Petroleum Corporation, in collaboration with other stakeholders in the petroleum industry, have activated an initiative known as ‘Safe-to-Load’ to mitigate incessant tanker accidents and fire outbreaks across the country. Stakeholders in the sector held a...

Senate Summons Kyari Over Pipeline Vandalism   The Senate on Tuesday summoned the Group Managing Director of the Nigerian National Petroleum Corporation, Mr Mele Kyari, to appear before its Committee on Petroleum Resources, over the spate of pipeline vandalism across the country. The Senate President, Ahmad Lawan,...