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Russia to cut gas supplies to Netherlands over payment issues

Russia's Gazprom Export said Monday it would suspend gas supplies to Dutch energy company GasTerra from Tuesday due to its refusal to pay in rubles. "By the end of the working day on Monday (the payment deadline outlined in the contract), Gazprom Export did not receive any payments from GasTerra…

FG targets 90% capacity performance from rehabilitated refineries

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Simbi Wabote, has stated that about 400,000bpd is expected from the rehabilitation of NNPC refineries in Port Harcourt, Warri, and Kaduna using target performance of not less than 90 per cent of nameplate capacity.

Rehabilitated refineries are expected to operate at 90% capacity - FG

Sylva Lauds Seplat On Exxon Mobil Shares Acquisition

By Emmanuella Anokam Abuja, May 17, 2022 Chief Timipre Sylva, Minister of State, Petroleum Resources has lauded Seplat Energy Plc on its recent acquisition of the entire share capital of Mobil Producing Nigeria Unlimited (MPNU) from ExxonMobil Corporation, Delaware, United States of America. Sylva said such investments, which were underpinned by responsible policies that could |

Congo and Italy signs gas supply deal

Italy's ENI group on Thursday signed a declaration of intent to increase gas production and export with the Republic of the Congo in Brazzaville, the Congolese capital. This deal was signed in the presence of the Congolese Minister of Foreign Affairs Jean-Claude Gakosso and his Italian counterpart Luigi Di Maio,…

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