Industry

The Department of Petroleum Resources (DPR) has reiterated its commitment to fast-tracking full integration of the domestic gas market hubs into the Nigeria Gas Transportation Network Code (NGTNC) to ensure optimal impact in the country’s…
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Nigerian oil company NNPC is asking investors to bid to fix pipelines and depots serving its oil refineries, according to a document posted on its website on Tuesday. Built in the 1970s, the pipeline network is crucial to getting crude…
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Following a successful webinar organised by the Valuechain Magazine yesterday, the Editorial Management and Staff of the publication have expressed appreciation for the success recorded. Valuechain said in an appreciation to…
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Key stakeholders in the Nigerian economy have demanded urgent realization of the Ajaokuta-Kaduna-Kano (AKK) pipeline project as potent strategy for rapid industrial development and economic diversification agenda. Panellists drawn from…
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Africa's largest oil refinery, which is anticipated to be the biggest single-train structure, is set to be opened early next year. The Dangote Oil refinery is the brainchild of Africa’s wealthiest man, the Nigerian Aliko Dangote. It…
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The United States super Oil major, ExxonMobil, has announced the appointment of Richard Laing, as the new Chairman and Managing Director of its 3 affiliate firms in Nigeria with effect from August 1, 2020. Laing, before his new role…
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The federal government has said disclosed that the proposed construction of a shipyard in Brass Island, Bayelsa State for the maintenance and repair services of cargo vessels, oil tankers and Liquified Natural Gas (LNG) carriers, would…
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The Nigerian National Petroleum Corporation (NNPC) has said that it raked in N92.58 billion from the sale of white (refined) products in the month of May, 2020. A statement by its Group General Manager, Dr. Kennie Obateru, the…
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The United Bank for Africa Plc (UBA), the leading pan-African financial services group, has acted as Facility Agent Bank for the Nigerian Commercial Banks in a consortium with other international banks in a $1.5 Billion Pre-Export Finance…
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ExxonMobil on Saturday announced the appointment of Richard Laing as Chairman and Managing Director of its three affiliates in Nigeria. The Manager, Media and Communications, ExxonMobil, Ogechukwu Udeagha, confirmed this in a statement…
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