The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) on Tuesday expressed concern over the new 0.5 per cent tax on gross turnover of the petroleum marketing firms proposed by the Federal Government. The Executive Secretary, DAPPMAN, Mr Olufemi Adewole…
Security measures have been beefed up at the Kolmani River II Oil Field located at a border community between Bauchi and Gombe States for Presidential flag-off of the Kolmani Integrated Development Project. Newsmen reports that President Muhammadu Buhari will on…
Average price of 5kg cooking gas rose by 0.21 per cent from N4,474.48 in September to N4,483.75 in October. The increased price is contained in the National Bureau of Statistics (NBS) ‘Cooking Gas Price Watch’ for October 2022 issued on…
Transmission Company of Nigeria (TCN) says it will acquire a Supervisory Control and Data Acquisition (SCADA) to check frequent grid collapse and energy rejection by Distribution Companies (DISCOs). The Chairman, Governing Board of TCN, Mr Ekere Nsima said this during a…
Ikeja Electric Plc has cautioned commuters against reckless driving occasioning damage to its electricity assets which consequently leads to total blackout in some communities within its network. The Head of Quality, Health and Safety Environment, Ikeja Electric, Mr Jamiu Badmos,…
TotalEnergies Ltd. says it has committed about 1.5 million dollars to interventionist programmes to rescue flood victims in Rivers. TotalEnergies Deputy Managing Director JV Asset, Mr Guillaume Dulout, said this in a statement on Friday in Lagos. Dulout said as…
Nigeria Liquefied Natural Gas Ltd., (NLNG) says it has commenced the inauguration of Phase 1 projects in its multi-billion-naira Hospital Support Programme (NLNG HSP) to boost healthcare delivery. Mr Andy Odeh, General Manager, External Relations and Sustainable Development of NLNG,…
Global oil demand climbed seasonally in September to the second-highest level of the year and nearly 1 mb/d above September 2019 levels, according to new data from the Joint Organizations Data Initiative (JODI). Demand growth was driven by diesel consumption…
The Federal Government has applauded the UTM Offshore Limited and its technical partners on agreements for the commencement of Front End Engineering Design (FEED) for Nigeria’s first Floating Liquefied Natural Gas (FLNG) facility. The agreements which involved three technical partners…
The African Energy Chamber (AEC) has announced that the African Energy Week (AEW) – Africa’s premier event for oil and gas sector – will return in 2023 from October 16 – 20 to drive Africa’s energy sector growth and make…
