The Minister of State for Petroleum Resources, Timipre Sylva has said Nigeria has the capacity to become the highest producer of petrochemicals in the world. This, according to him, is possible with the implementation of the Decade of Gas Development…
Nigeria has regained the top spot among crude oil producing countries in Africa with the nation’s crude oil production averaging 1.27 million barrels per day in November. The Organisation of the Petroleum Exporting Countries (OPEC) made this known in its…
…As stakeholders, experts charge FG to pursue diversification to avert harshest economic impact Abimbola Abatta, Uthman Salami and Ogaga Ariemu Amid growing concerns over the Omicron variant of COVID-19, the Organisation of the Petroleum Exporting Countries (OPEC) has said crude…
The Managing Director, Shell Nigeria Gas & President Nigerian Gas Association, Ed Ubong has called for urgent strategy to grow Nigeria’s capacity in the gas sub-sector. This, according to him, would ensure that gas is used to spur industrial development…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has assured residents of Lagos State of petroleum products availability during the Yuletide. Mr Ayorinde Cardoso, Zonal Operations Controller, NMDPRA, Lagos, gave the assurance in an interview on Monday in Lagos.…
The Governor of Oyo State, Mr Seyi Makinde, has performed the groundbreaking for the construction of 11 megawatts Hybrid Power Solution in a bid to address the unstable power supply in the state. Makinde, performing the ceremony within the state…
Bankole Taiwo, Abeokuta Determined to prevent road crashes, especially at night and incidents of armed robbery, Ogun State government has embarked on ‘Let there be Light’ project aimed at installing and activating street lights in major towns across the state.…
The Organization of Petroleum Exporting Countries, (OPEC+) interventions on the market in recent years have helped the oil industry to see the beginning of the return of confidence and investments, Russian Deputy Prime Minister Alexander Novak told Russian TV channel…
The Oodua Peoples Congress, (OPC) a Yoruba Socio-Cultural Group founded by Late Dr. Frederick Iseotan Fasheun has appealed to the APC-led Government to rescind her decision on the planned removal of Fuel subsidy and a pump price of N340 per…
The Lafia 2X150 MVA, 2X60 /132/33330kV Transmission Substation was finally completed and energized on Friday 12th November 2021. Contract for the multi-billion Naira National Integrated Power Project (NIPP) 330/132/33kV Lafia Transmission Substation was awarded by the Niger Delta Power Holding…
