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Industry
Ayuk Leads AEC Delegation for Progress Assessment on Senegal Refinery Upgrade
By YANGE IKYAA
A delegation from the African Energy Chamber (AEC) has visited a crude oil refinery in Dakar, Senegal, owed by Societe Africaine de Raffinage (SAR) or African Refining Company, to observe developments that are!-->!-->!-->!-->!-->…
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How Covid-19 increased Nigeria’s LPG Consumption by 55%
By YANGE IKYAA
Unlike other industries and economic sectors that were negatively impacted during lockdowns occasioned by the global Coronavirus pandemic, the lockdown rather caused an increase in household the consumption of!-->!-->!-->!-->!-->…
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SPR Release Call by US to Harm Russia Seemingly Ignored by Allies
By YANGE IKYAA
The call for a coordinated release of Strategic Petroleum Reserves (SPR) by the United States last week as one of the multiple sanctions against Russia seems to have fallen on deaf ears, with no nation from the!-->!-->!-->!-->!-->…
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Stakeholders Brainstorm about Future Fuels and Energy Transition in Africa
At the just concluded Nigerian International Energy Summit, the Group Managing Director/Chief Executive Officer (GMD/CEO) of Nigerian National Petroleum Company (NNPC) Limited, Mallam Mele Kyari, announced that NNPC is vigorously!-->!-->!-->…
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Is Clamour for an African Energy Development Bank Realisable?
"Let me use this opportunity to once again canvass for the creation of an African Local Content Fund that could be utilized to set up a bank or financial institution to provide funding for the development of oil and gas projects in!-->!-->!-->…
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Why Large Reserve to Production Ratio Threatens Nigeria’s Gas Economy
At the current pace of Nigeria’s exploitation and utilization of its natural gas resources, it may be difficult for the nation to deliver adequate energy to its growing population and to supply the required feedstock to power its!-->!-->!-->…
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Senate Orders Stoppage Of Tankers From Lifting Crude Oil Over Tax Evasion
The Senate Committee on Finance, in one of its bid to recover and increase revenue to bridge recurrent budget deficits, has directed the Nigerian Upstream Petroleum Regulatory Commission, (NUPRC) to stop all foreign companies lifting!-->!-->!-->…
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IPMAN Urges Stoppage Of Products Diversion In South
Independent Petroleum Marketers Association of Nigeria (IPMAN) has expressed sadness over the diversion of petroleum products meant for the South Eastern states to other parts of the country, particularly Lagos and Abuja.
Alhaji!-->!-->!-->!-->!-->…
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Buhari Requests Senate to Confirm Four NUPRC Commissioners
By YANGE IKYAA
The Senate has received a formal from President Muhammadu Buhari to confirm four nominees as Executive Commissioners of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
The request was contained in a!-->!-->!-->!-->!-->!-->!-->…
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Soul Patriots: HOW Bala/Kyari Bond Enriches Nigeria …NNPC, NAPIMS Never Had It So Good
Mele Kyari and Bala Wunti are two of a kind. They are men of open trust, whose stewardship is shorn of insolence and suspicion. Some have likened them to the healing stems to the public service’s putrid branches.
The!-->!-->!-->!-->!-->…
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