Ibefun Gas Project to Provide Clean Energy, Create Jobs in Oyo State
Gov Dapo Abiodun
By Adaobi Rhema Oguejiofor.
The Governor of Ogun State, Dapo Abiodun, has said that the state is ready to deliver clean energy to its fast-expanding industrial hub after the massive natural gas distribution projects!-->!-->!-->!-->!-->…
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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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NCDMB has the Right to Collect 1% NCDF – Court
Breaking News:
The Federal High Court sitting in Yenagoa, Bayelsa State on Tuesday delivered a judgment confirming the authority of the Nigerian Content Development and Monitoring Board (NCDMB) to collect the one percent Nigerian!-->!-->!-->!-->!-->…
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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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Osinbajo Hands Over Discharge Certificate to Transcorp Power
Osinbajo
By Adaobi Rhema Oguejiofor
The Vice President, Yemi Osinbajo, has handed over the discharge certificate of Transcorp Power Limited, the core investor in the Ughelli power plant, to Tony Elumelu, the Chairman of the Company.
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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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Nigeria Urges Africa to Define Its Path to Energy Transition
By Adaobi Rhema Oguejiofor
The Federal Government has cautioned African nations against being forced to conform to the usual routes of energy transition, insisting that the continent must define its own path and draw up workable!-->!-->!-->!-->!-->…
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