Chinese Firm, NNPC To Develop 350MW Abuja Power Plant
The China Engineering & Machinery Corporation (CMEC) is providing support towards the development of the Gwagwalada Independent Power Plant (GIPP).The company signed a Memorandum of Understanding (MoU) with the Nigerian!-->!-->!-->!-->!-->…
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NNPC, Chevron Sign Conversion Agreement For Petroleum Prospecting License
NNPC Ltd, Chevron Sign Conversion Agreement For Petroleum Prospecting LicenseThe Nigerian National Petroleum Company Ltd on Monday signed an agreement with its Joint Venture (partner, Chevron Nigeria Ltd (CNL), on the conversion of!-->!-->!-->…
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Without subsidy, One Litre Of Fuel Will Equal $1 In Nigeria – Oil Industry Expert
Despite the recent hike in the price of Premium Motor Spirit (PMS), the Federal Government is still subsidising the product for local consumption, Dr. Thomas Ogungbangbe, the Chief Executive Officer (CEO) of CITA, has said.!-->!-->!-->!-->!-->…
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UTM Offshore Gets License to Construct First Floating LNG Plant
By Patience Chat Moses
Nigeria’s UTM Offshore Limited has received approval to Construct the West African nation’s first-ever floating liquefied natural gas facility — five years after it was first announced.The!-->!-->!-->!-->!-->!-->!-->…
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Fuel Subsidy In Times Of Fury
For the first time this week, the Nigerian National Petroleum Company Limited (NNPC) confirmed that it was facing financial constraints in footing fuel imports. By that singular action, the company threw a beam of illumination and!-->!-->!-->…
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NNPC Denies Being Sole Off-taker of Dangote Fuel
The Nigerian National Petroleum Company Limited (NNPC) has debunked the alleged undermining of Dangote Refinery's plan to lower fuel prices.
The allegation was leveled against the NNPC by Muslim Rights Concern (MURIC). NNPC in a!-->!-->!-->!-->!-->!-->!-->…
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Dangote Refinery petrol roll out
president of the dangote group, alhaji aliko dangoteThe President of the Dangote Group, Alhaji Aliko Dangote, was the cynosure of both local and international media within the week following the roll out of petrol from the Dangote!-->!-->!-->…
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We Can’t But Increase Petrol Price If We Want A Developed Nigeria – Tinubu
President Bola Ahmed Tinubu has weighed in on the recent increase in the pump price of fuel in Nigeria. Recall that on Tuesday, price of Premium Motor Spirit, also called petrol, rose to N897 from about N600 per litre across fuel!-->!-->!-->…
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NCDMB Lauds Nigerian Content Achievements in NLNG’s Train 7 Project
Felix O. Ogbe
…Calls For Greater CollaborationThe Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe has commended the significant Nigerian Content strides achieved in the!-->!-->!-->!-->!-->…
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President Tinubu Returns from China, Hails Trip as “Very Successful”
By William Emmanuel UkpojuPresident Bola Tinubu has returned from his official trip to China, describing it as "very good and successful". During his meeting with Nigerians living in China, he emphasized his efforts to!-->!-->!-->!-->!-->…
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