Tag: Industry News
Fuel Crisis May Worsen as Price hit N165 per Litre at...
By Oge Obi
The different strategies and efforts so far adopted by the Nigerian National Petroleum Corporation (NNPC) to tackle fuel supply situation and the...
Kaduna refinery shuts down due to lack of crude oil
Fuel shortages across the country may worsen over the coming weeks as the Kaduna Refining and Petrochemical Company (KRPC) has shut down operations due...
NERC plans new Electricity Metering Strategy
The Nigerian Electricity Regulatory Commission (NERC) is working to grant a 15-year license to Meter Asset Providers (MAP) in order to speed up metering...
WOOD LOGGERS DAMAGE OJI RIVER NSUKKA TRANSMISSION LINE
The Transmission Company of Nigeria regrets to announce that activities of wood loggers in Ukana town, by Nineth Mile-Nsukka road, Enugu, have damaged the...
Why crude oil prices are on upward swing – EIA
The United States Energy Information Administration (EIA), has attributed the current surge in oil prices to shutdown of the Forties Pipeline in the North...
DPR issues 13 licenses for modular refineries in Nigeria
According to The Nation report, The Nigerian National Petroleum Corporation ( NNPC ) yesterday said that out of the 35 interests that were indicated in...
‘Refinery licences expiration won’t undermine self-sufficiency plan’
Stakeholders in Nigeria’s downstream oil and gas sector have said the expiration of licences issued to investors to build private refineries will not hinder...
Dangote group receives land to start $150m Solar Power Project in...
Kano state Government has finally handed over 150 hectares of land promised to Dangote Group of companies for the development of $150m Dangote/Black Rhino...
NLPGA to partner regulatory agencies on safety as DPR probes Lagos...
The Nigeria Liquefied Petroleum Gas Association (NLPGA), the umbrella body for the LPG industry in Nigeria, is collaborating with government regulatory agencies to prevent...
NNPC Targets Huge Investments in Nigeria’s Oil & Gas Industry
…As Search for Oil Continues in Sokoto, Other Basins
The Nigerian National Petroleum Corporation (NNPC) is eyeing massive investments in the nation’s Oil and Gas...
Nigeria not joining OPEC oil cap anytime soon
Indications are that Nigeria may not be joining the Organisation of the Petroleum Exporting Countries, OPEC’s oil output cap anytime soon as data obtained...
‘Exxon Mobil Key to Developing Ghana’s Oil & Gas Industry’ –...
The President of the Republic, Nana Addo Dankwa Akufo-Addo, says close co-operation between Ghana and the world’s largest publicly traded international oil and gas...
“African Development Bank’s lifeline lifted Nigeria out of recession” – President...
Nigerian President lauds Bank for standing tall among multilateral development banks and international financial institutions.
The African Development Bank provided a much-needed lifeline at a...
Chevron, SNEPCo, NNPC and NAPIMS to lead discussions at WAIPEC 2018
The Petroleum Technology Association of Nigeria (PETAN) has announced the first set of speakers to feature on the programme at the West African International Petroleum...
$75.5m Fibre Optic debt: We’ll rely on Court judgement- TCN
The Transmission Company of Nigeria (TCN) Friday, January 19, said it would rely on the legal processes it has initiated to recover about $75.5...
PIGB will check thieving in Oil industry-NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI) says it is delighted with the passage of the Petroleum Industry Governance Bill (PIGB) into law by...
AfDB President, Akinwumi Adesina receives accolade of highest honour of Liberia
Akinwumi Adesina, President of the African Development Bank Group (AfDB), on Monday, January 15, received the Order of the Star of Africa with the...
Global clean energy investments near All-Time High
Booming Chinese solar installations propelled annual worldwide investments in renewable energy and energy-smart technology 3 percent higher to $333.5 billion last year—the second-highest on...
Terminal operator explains cause of Apapa gridlock
The Chairperson, Seaport Terminal Operators Association of Nigeria (STOAN), Princess Haastrup, has explained the cause of Apapa road gridlock.
She said the current reduction in...
NNPC raises alarm over fake NETCO recruitment advert
The Nigerian National Petroleum Corporation (NNPC) on Thursday disowned advertisements on social media seeking for applications to fill phantom positions in the Engineering Department...