The Department of Petroleum Resources (DPR) has pledged support to the hitch-free completion of Nigeria’s first floating Liquefied Natural Gas (LNG) production plant. Mr Sarki Auwalu, Director, DPR gave the assurance at the online contract signing of an agreement by…
The Nigerian Content Development and Monitoring Board (NCDMB) says it will showcase opportunities in the oil and gas industry at the Nigerian Oil and Gas Opportunity Fair (NOGOF) 2021. Mr Simbi Wabote, Executive Secretary, NCDMB, made this known during a…
…as State sets end of July to lighten up Lagos By Moses Adeniyi The distribution and installation of no less than 20,000 prepaid meters by the Lagos State Government will commence soon, Nigerian NewsDirect has gathered. Report gathered revealed that…
The Executive Secretary, Petroleum Equalisation Fund (PEF), Alhaji Ahmed Bobboi has said plans are in the pipeline to commence transportation of petroleum products through rail lines to save cost. Bobboi, who said this during an interaction with journalists in Abuja…
The Niger Delta Power Holding Company (NDPHC) says it has begun the construction of a 1×7.5 Megavolt Ampree (MVA), 33/11 Kilo Volt(KV) injection distribution substation in Orogun, Delta State. Mr Chiedu Ugbo, Managing Director, NDPHC, disclosed this in a statement…
The National Emergency Management Agency (NEMA) has advised residents of Abule Osun near Festac Town in Lagos State to stop scooping diesel from a ruptured pipeline in the locality. Mr Ibrahim Farinloye, Acting Zonal Coordinator, South West Zonal Office, NEMA,…
Small and Medium Enterprise (SME) owners around the Port Harcourt Refining Company (PHRC) have expressed optimism that the rehabilitation of the refineries will enhance their businesses. Some of them on Thursday in Eleme urged government to ensure it does the…
…Pledges to Optimize Cost, Boost Remittance to FAAC The Nigerian National Petroleum Corporation (NNPC) has clarified that the revenue projection contained in the letter to the Accountant General of the Federation being cited in the media pertains only to the…
The Nigerian National Petroleum Corporation (NNPC) on Thursday handed over the Port Harcourt Refinery to Tecnimont SPA for the commencement of the $1.5 billion rehabilitation. The Group Managing Director of NNPC, Mele Kyari, who spoke at the event insisted that…
Oil prices slipped on Thursday, reversing early gains under pressure from rising COVID-19 infections in India and elsewhere although prices retained some support from a report the previous session that showed U.S. crude inventories fell much more sharply than expected.…
