The Nigerian Content Development and Monitoring Board (NCDMB), the Nigerian National Petroleum Corporation (NNPC) and DSV Engineering on Friday signed the Final Investment Decision (FID)for the construction of10,000tonnes/day methanol production plant by the Brass Fertiliser and Petrochemical Company Ltd (BFPCL),…
The Independent Petroleum Markerters Association of Nigeria (IPMAN) has said the deal it signed with the Petroleum Equalisation Fund (PEF) will deepen gas utilisation in the country. IPMAN President, Mr Chinedu Okoronkwo, said this in an interview with journalists on…
Enugu Electricity Distribution Company (EEDC) has cautioned South-East residents against activities of scammers who take advantage of the National Mass Metering Programme (NMMP) to swindle unsuspecting members of the public. The Head, Corporate Communications, EEDC, Mr Emeka Ezeh, gave the…
The Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN), an NGO, has described as a healthy development the recent judgement by the Netherland’s court of appeal that held Shell liable for the oil spills it caused across Nigeria’s coastal communities…
…As Partner Take FID on Project The Nigerian National Petroleum Corporation (NNPC) says it would do everything within its powers to ensure the timeous completion of the $3.6bn Integrated Gas Processing and Methanol Plant in Odioma, Brass Island, Bayelsa State.…
Seplat Petroleum Development Company Plc has appointed Mr Okechukwu Mba as the new Managing Director of ANOH Gas Processing Company (AGPC) Limited, the Incorporated Joint Venture (“IJV”) between Seplat and the Nigerian Gas Company (“NGC”), a wholly-owned subsidiary of Nigerian…
The Transmission Company of Nigeria (TCN), a power utility positioned by the Federal Government to advance operations in the private-led power sector is no doubt living up to its mandate. TCN is at the middle of the power sector value…
…Increases Gas Supply to Power Plants by 8.60% The Nigerian National Petroleum Corporation (NNPC) has announced that its downstream subsidiary, the Petroleum Products Marketing Company (PPMC), recorded a total of ₦158.04 billion from the sales of white products in the…
By Ogaga Ariemu The Transmission Company of Nigeria (TCN), a power utility positioned by the Federal Government has attributed power outtage to Electricity Distribution Companies(DisCos), reinterated commitment to further expand Nation’s grid. This disclosure was made to Nigerian Newsdirect Newspaper …
The CBN says Nigeria’s Foreign Exchange Reserves rose from 34.94billion dollars in November 2020 to 36.23billion dollars as at Jan 21, 2021. CBN Governor, Godwin Emefiele, said at the January Monetary Policy Committee (MPC) meeting of the bank, which began…
