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Energy

Port Harcourt Refinery Rehab: We Can’t Afford to Fail – NNPC

    L-R: NNPC Chief Operating Officer, Refineries & Petrochemicals,  Mustapha Yakubu, representative of Tecnimont S.P.A. (the contractor),  Masu Alberto, and Managing Director, Port Harcourt Refining...

NERC approves N215.68bn for Ikeja, Eko DisCos upgrades

    The Nigerian Electricity Regulatory Commission, NERC, has given approval to Ikeja Electric Plc to invest the sum of N121.92 billion for infrastructure upgrade across...

BPE, NDPHC Approve Sale 5 Generating Plants in Nigeria

    The Board of Directors, Niger Delta Power Holding Company, NDPHC, and the National Council on Privatisation have approved the sale of five generating companies...

Corruption, cross-border smuggling scuttle FG’s bid to stabilise fuel supply–MOMAN

      The States along Nigeria’s land borders are consuming more refined petroleum products, especially Premium Motor Spirit, PMS, compared to some states with higher economic...

Revenue Projection in Letter to AGF Not Reflection of Corporation’s Financial Standing- NNPC Clarifies

   Obateru   …Pledges to Optimize Cost, Boost Remittance to FAAC The Nigerian National Petroleum Corporation, NNPC, has clarified that the revenue projection contained in the letter to...

World Bank ranks Nigeria among gas flaring countries

  The World Bank has categorized Nigeria among countries with gas flaring for nine years running. The World Bank listed other countries in this category to...

Gov Sanwo-Olu commissions Medical Oxygen Plant at Gbagada

  L-R: Obafemi Hamzat, Deputy Governor, Lagos State; Victor Bandele, Deputy Managing Director, Total Nigeria; Yunusa Jibril, General Manager, National Petroleum Investment Management Services NAPIMS,...

DPR denies revoking 32 refinery licences

      …set to flag-off Alternative Dispute Resolution Centre   The Department of Petroleum Resources, DPR, has denied revoking 32 refinery licenses issued to private companies in Nigeria. The...

NNPC Signs $1.5billion Contract for Rehabilitation of PH Refinery

    Pix Caption From Left- Vice President, Sub-Saharan Africa Region of Tecnimont SpA, Davide Pelizzolam Group Managing Director of the NNPC,  Mele Kyari and Ahmed Dikko,...

13% Derivation: Oil Producing states shared N454bn in one year

…expert kick against sharing derivation to states Oil producing states in the country received a total of N454.35 billion from the Federation Account in 2020,...