Nigerian Times

  This increase of fuel pump ⛽ prices matter may likely force many NIGERIANS to this 🤣🤣🤣 #FuelScarcity #FuelSubsidy #pumpprice #gas #Nigeria

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Offshore Rig. Photo Credit: Oil Rig Photos . 17 Dec 2011 12:00 Africa/Lagos "Oil & Gas Infrastructure Security Market to Reach 29.16 Billion Dollars in 2012" According to New Visiongain Report LONDON, December 17, 2011/PRNewswire/ -- Over the next decade, global demand for oil & gas [http://www.visiongain.com/Report/738/The-Oil-Gas-Infrastructure-Security-Market-2012-2022 ] is set to rapidly increase as rising populations and economic growth help to drive the industry. This will create a need for additional oil & gas infrastructure [http://www.visiongain.com/report_license.aspx?rid=738 ] to be constructed. At the same time, many countries around the world are currently facing a number of security challenges stemming from civil unrest, terrorist activities, and a competitive global market. Together, these factors will create substantial opportunities for companies involved in the oil & gas infrastructure security market as a range of products and services wil...

Auto Enthusiasts Win Up to Five Years of Free Fuel in Shell V-Power® "Fuel My Passion" Sweepstakes Auto Enthusiasts Win Up to Five Years of Free Fuel in Shell V-Power® "Fuel My Passion" Sweepstakes Auto Enthusiasts Win Up to Five Years of Free Fuel in Shell V-Power® "Fuel My Passion" Sweepstakes Auto Enthusiasts Win Up to Five Years of Free Fuel in Shell V-Power® "Fuel My Passion" Sweepstakes Auto Enthusiasts Win Up to Five Years of Free Fuel in Shell V-Power® "Fuel My Passion" Sweepstakes Auto Enthusiasts Win Up to Five Years of Free Fuel in Shell V-Power® "Fuel My Passion" Sweepstakes more info... Secondary Prize Winner, Hiam L.(PRNewsFoto/Shell Oil Products US) Secondary Prize Winner, Josh L. (PRNewsFoto/Shell Oil Products US) Grand Prize Winner, Travis P. (PRNewsFoto/Shell Oil Products US) Secondary Prize Winner, Richard S.(PRNewsFoto/Shell Oil Products US) Secondary Prize Winner, John L.(PRNewsFoto/Shell Oil Produ...

9 Jun 2011 21:02 Africa/Lagos Unprecedented Int'l Meeting Releases Preliminary Vision for our Energy Future WATERLOO, Ontario, June 9, 2011/PRNewswire/ -- - Global Energy Summit in Waterloo, Canada Offers Ideas for Action on Sustainable Low-Carbon Electricity A unique, international summit of scientists, engineers, entrepreneurs and future leaders from around the world has concluded with the release of the Equinox Summit: Energy 2030 Communiqué. The event's preliminary report includes visionary proposals for transformative action to reduce the electricity-related emissions that drive global warming. The full Equinox Communiqué is now available at: http://wgsi.org/files/EquinoxCommunique_June9_2011.pdf The Communiqué identifies a group of technological approaches and implementation steps that have the potential over the coming decades to accelerate the transition of our energy systems toward electrification and, in the longer term, toward an energy future where our dependence on...

Shell and Cosan: fuelling a lower-carbon future with biofuels The Hague and São Paulo, June 2, 2011 /PRNewswire/ — Shell and Cosan today launched a multi-billion dollar joint venture that will become a leading producer of the low-carbon biofuel, ethanol made from sugar cane. Named Raízen, this major retail and commercial fuels company will operate in Brazil, one of the world's fastest-growing markets. In one of the biggest biofuels deals to date, Shell is combining its extensive retail experience, global network and research in advanced biofuels with Cosan's technical knowledge of producing biofuels on a large scale. Raízen will produce and sell over 2 billion litres a year of the lowest-carbon biofuel commercially available - ethanol made from Brazilian sugar cane. Shell is already one of the largest distributors of sustainable biofuels: now it is moving for the first time into production. The deal with Cosan is a major development in Shell's strategy of investing for sele...

Shell Decides to Move Forward With Groundbreaking Floating LNG Shell Announces Final Investment Decision on Prelude Floating LNG Project in Australia The Hague, May 20 /PRNewswire/ — The Board of Royal Dutch Shell plc (Shell) has taken the final investment decision on the Prelude Floating Liquefied Natural Gas (FLNG) Project in Australia (100% Shell), building the world's first FLNG facility. Moored far out to sea, some 200 kilometres from the nearest land in Australia, the FLNG facility will produce gas from offshore fields, and liquefy it onboard by cooling. The decision means that Shell is now ready to start detailed design and construction of what will be the world's largest floating offshore facility, in a ship yard in South Korea. From bow to stern, Shell's FLNG facility will be 488 metres long, and will be the largest floating offshore facility in the world - longer than four soccer fields laid end to end. When fully equipped and with its storage tanks full, it will ...

Offshore Xodus Group provides integrated oil and gas field development and operational expertise to support the drive to maximise production, to work safely and to respect the environment throughout the asset lifecycle. The fundamental principles are common to both offshore and onshore developments but each require specific attention and expertise in certain areas. Offshore projects are dominated by the challenge of operating in marine environments, with ever increasing water depths being the norm. Specialist expertise from across our service lines enables the following challenges to be addressed: 9 May 2011 09:00 Africa/Lagos Xodus Group Announces Arrival in Africa LAGOS, Nigeria, May 9, 2011/PRNewswire/ -- - Nigeria Joint Venture Will Pursue Robust Growth Strategy in Oil & Gas International energy consultancy Xodus Group today joined forces with Nigerian company Mos Baker to launch a brand new operation in Lagos called XMOS. XMOS brings integrated field development and front end ...

1 Aug 2008 14:21 Africa/Lagos Addax Petroleum Announces Federal Government Approval of Nigeria Gas Utilisation Initiative CALGARY, Canada, August 1/PRNewswire/ -- - International Consortium Formed for Investment in Gas Development - Including the Potential Monetization of OML137 Gas Addax Petroleum Corporation (TSX: AXC and LSE: AXC) ("Addax Petroleum" or the "Corporation"), together with its partners Chrome Oil Services Limited ("Chrome") and Korea Gas Corporation ("KOGAS"), announces today that it has received the approval from the Federal Government of Nigeria, for its proposed implementation of an integrated gas utilization project in Nigeria. Addax Petroleum has also entered into a heads of agreement with Chrome, a leading Nigerian oil and gas company, and KOGAS, South Korea's national gas company, forming an international consortium (the "Consortium") which, upon finalization of the necessary project development agreemen...

20 Apr 2008 22:01 Africa/Lagos World Publics Say Oil Needs to Be Replaced as Energy Source COLLEGE PARK, Md., April 20 /PRNewswire-USNewswire/ -- A new WorldPublicOpinion.org poll finds that majorities in 15 of 16 nations surveyed around the world think that oil is running out and governments should make a major effort to find new sources of energy. Most think that future oil prices will be much higher. Only 22 percent on average believe that "enough new oil will be found so that it can remain a primary source of energy for the foreseeable future." Only in Nigeria does a majority (53%) endorse the view that governments can rely on oil in the long term. Instead, an average of 70 percent takes the position that governments should assume that "oil is running out and it is necessary to make a major effort to replace oil as a primary source of energy." The largest majorities endorsing this view are found in South Korea (97%), France (91%), Mexico (83%) and China (...