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Industry
NUPRC Developes Digital Platform To Ensure Transparency For Host Communities
By Moses Patience Chat
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has developed an industry intelligent digital automated platform for reporting and monitoring the Host Community Development Trust (HCDT) to ensure!-->!-->!-->!-->!-->…
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FG-Dangote Partnership Portrays Nigeria as Attractive Investment Destination – LCCI
Dr. Chinyere Almona
By Adaobi Rhema Oguejiofor
The Lagos Chamber of Commerce and Industry (LCCI) has said that the partnership between the Federal Government and Dangote Refinery portrays Nigeria as an attractive investment!-->!-->!-->!-->!-->…
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Delta Government Advises Chevron To Pay Indigenous Contractors or Risk Shutdown
Gov Ifeanyi Okowa
By Adaobi Rhema Oguejiofor
The Government of Delta State has advised Chevron Nigeria Limited (CNL) to pay the indigenous contractors of Itsekiri Regional Development Committee (IRDC), who have successfully carried!-->!-->!-->!-->!-->…
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San Leon Invests $5.5mn in Decklar Petroleum
By Moses Patience Chat
San Leon Energy Plc has said it is considering a potential sale of its non-core investment in Decklar’s Nigerian arm. It has also made a $5.5 million loan to DPL through a 10 per cent per annum unsecured!-->!-->!-->!-->!-->…
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NMDPRA Urges Nigeria’s Transition from Diesel to Gas
By Adaobi Rhema Oguejiofor
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has encouraged all its stakeholders around the nation to move from the usage of Automotive Gas Oil (AGO), also referred!-->!-->!-->!-->!-->…
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NMDPRA Calls for Stakeholder Collaboration to Grow Gas Utilization in Nigeria
Engr Farouk Ahmed
By Moses Patience Chat
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has promised to create an environment that will enhance the growth of the nation’s gas sector.
The!-->!-->!-->!-->!-->!-->!-->…
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Rainoil GMD Advises Entrepreneurs on Business Knowledge to Sustain Funding
Gabriel Ogbechie
By Patience Moses Chat
The Group Managing Director of RainOil, Gabriel Ogbechie, has advised entrepreneurs on getting funding for their businesses as well as having knowledge of the business they intend to venture!-->!-->!-->!-->!-->…
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PENGASSAN, CISLAC Oppose Disbursement of N800mn Fuel Subsidy Palliative Money
By Adaobi Rhema Oguejiofor
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has advised President Muhammadu Buhari to suspend the disbursement of the $800 million loan facility secured from the World!-->!-->!-->!-->!-->…
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Dangote Refinery to Save Nigeria $10bn in FX, Generate Another $10bn in Exports
By Moses Patience Chat
Africa’s richest man and owner of the Dangote Refinery, Mr. Aliko Dangote, has said that the planned commencement of the refinery located in Lagos, Nigeria could save up to $10 billion in foreign exchange (FX)!-->!-->!-->!-->!-->…
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Edo Refinery Orders for Another 200,000 Barrels of Crude from Oza Field
By Moses Patience Chat
The Edo Refinery and Petrochemicals Company (ERPC) Limited has placed another order for 200,000 barrels of crude oil from the Oza Oil Field, which is operated by Decklar Resources Incorporated and Millennium!-->!-->!-->!-->!-->…
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