News

There are indications that Nigeria’s compressed natural gas, CNG, deficit may not abate in the near future as inappropriate pricing, poor state of infrastructure and non-existence of a regulating agency are yet to be settled. Outlining…
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Africa and Nigeria’s richest man, Aliko Dangote is close to completing his multi-billion-dollar petrochemical refinery project. This information was revealed by Nigerian philanthropist and business tycoon, Femi Otedola, after he…
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Nigeria will export around 153, 000 barrels per day of crude oil from the Bonga North West field this month, according to loading programme. Programme for export of the crude grade emerged last week even as operator of the offshore…
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Despite a revised commercial framework said to have been embraced by the Nigerian government and the project investors, Shell Nigeria’s subsidiary, SNEPCo, and others in February 2018, the $10 billion Bonga South West Aparo, BSWA, oil…
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LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and West Africa, has announced the results of the investigation into the origination and execution of the loan agreement, first announced by the Company on…
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*DPR extends bid submission due date of the request for proposal by six weeks The Federal Government has disqualifued applications by 600 firms as the race for multi- million dollars gas flare monetisation contracts hots up. The…
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The Department of Petroleum Resources (DPR) generated N2.4 trillion last year, it was learnt at the weekend. Its Director/Chief Executive Officer, Sarki Auwalu, stated this when the Senate Joint Committee on Petroleum paid an oversight…
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*To start operation early 2021 According to the Appex Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, the supposed biggest oil Refinery in Africa is set to employ atleast 70,000 Nigerians when it begins operation in 2021. …
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Some northern youths on Sunday descended on the rich as well as the political elite in the region for not touching the lives of the people. Specifically, the youth, under the aegis of the Arewa Youth Assembly, carpeted the northern…
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The West African Gas Pipeline Company Limited (WAPCo) has disclosed that it would be resuming natural gas supply from Nigeria to its customers in the Republic of Benin, Togo, and Ghana. WAPCo, which is the operator of the West African…
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