Energy

LPG importation will affect growth in gas sector

…Key investors to inject $500M in Nigeria’s Gas By Uthman Salami The Department of Petroleum Resources, (DPR) has warned against granting import license for Liquified Petroleum Gas (LPG), saying that this act would hinder the projected growth in the gas…

AMCON denies plans to take over Dangote refinery

Contrary to some reports that the Assets Management Corporation of Nigeria (AMCON) could take over the Dangote Refinery over debts owed by the Dangote Group to banks, the corporation have denied such claims, saying it have no business with the…

DPR obtains $500m gas investment proposals in one year

The Department of Petroleum Resources (DPR) said it had received about $500 millon gas development investment proposals since the implementation of the Nigerian Gas Transportation Network Code (NGTCN) began a year ago. Mr Sarki Auwalu, Director, DPR, made the disclosure…

NNPC promotes, redeploys senior management

In a bid to strengthen and reposition the Nigerian National Petroleum Corporation (NNPC) towards attaining global excellence and profitability, the Management of the Corporation has announced the promotion and redeployment of some staff to fill key vacant positions. In a…

PHCN pensioners lament over unpaid entitlements

The pensioners under the aegis of Concerned Power Holding Company of Nigeria (PHCN) Pensioners have said matters surrounding their delayed entitlements remained unresolved in spite of efforts made to address them. One of the Coordinators, Mr Muritala Dunmoye said this…

NNPC to support NIPCO in promoting natural gas for auto fuel

The Nigerian National Petroleum Corporation (NNPC) has pledged continuous support to the Nigerian Independent Petroleum Company (NIPCO) in its renewed efforts at increasing her investment in gas infrastructures to promote compressed natural gas as preferred auto fuel. Speaking while visiting…