The Federal Government said it is targeting Nigeria’s dominance of the oil and gas market in the West African region with its ongoing Refinery Revolution and Decade of Gas initiative. The Director, Department of Petroleum Resources (DPR), Mr Sarki Auwalu,…
A China Energy Engineering firm has secured a 24-month, US$244 million engineering, procurement and construction contract for a 360 Megawatts, MW solar plant in Lagos, Nigeria. The Polysilicon maker and inverter company, known as TBEA, said the soaring polysilicon price…
The House of Representatives has shut down a motion asking the Federal Government to declare Bauchi State as an oil-producing state. The motion was sponsored by Yakubu Abdullahi. But when put to vote, a greater number of lawmakers voted against…
By Uthman Salami On Thursday, the Nigerian senate approved a reconciled version of a bill targeted at attracting billions in investment to oil sector, breaking the jinx of a two-decade calls for reforms. The bill covers all areas of oil…
By Uthman Salami Major stakeholders in the oil and gas have registered their displeasure over the provision in the Senate version of the Petroleum Industry Bill (PIB) that placed right to licence of petrol import to only those who are…
Gloria Akudoro The Board of Directors of the African Development Bank Group has approved a $6 million grant to launch the initial phase of the Desert to Power West Africa Regional Energy Program. The Desert to Power, an initiative championed by the…
By Uthman Salami ln the quest to contribute its quota to the lingering unemployment crisis, the leading solar energy company in Nigeria, BeeBee Jump international company, has successfully trained and created jobs for over 500 youths in Solar Power Installation…
By Uthman Salami The Depots and Petroleum Products Marketers Association (DAPPMAN) and Major Oil Marketers Association of Nigeria (MOMAN), have said that absence of free and open market in the downstream sector will end up killing off small businesses and…
By Uthman Salami The Vice President of Nigeria, Yemi Osinbajo, has called on the Nigerian Ports Authority (NPA) to review its import dues on Premium Motor Spirit (PMS) in a bid to reduce the pressure of the price in Nigeria.…
By Uthman Salami The Department of Petroleum Resources (DPR), said that the Federal Government is working on strengthening strategies that would transform the country into Bunkering hub in Africa. The DPR said that Nigeria would soon, through improved Marine Petroleum…
