Nigerian Downstream Operators Urge Incoming President to Remove Fuel Subsidy
By Adaobi Rhema Oguejiofor
Downstream operators in the Nigerian oil and gas industry have urged the country's incoming president to make the removal of fuel subsidy and the deregulation of the downstream sector a priority.
The!-->!-->!-->!-->!-->!-->!-->…
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Energy Challenges Responsible for Poor Performance of Nigeria’s Manufacturing Sector –…
By Adaobi Rhema Oguejiofor
The Manufacturers Association of Nigeria (MAN) has said that energy challenges such as inadequate amount and high cost of diesel, gas, and petrol are responsible for the poor competitiveness of the!-->!-->!-->!-->!-->…
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GPPSL Partners Norwegian Firm to Deploy First Cryogenic Pipeline in Africa
By Moses Patience Chat
The Global Process and Pipeline Services Limited (GPPSL), in collaboration with IK-Group of Norway, has deployed for the first time in Nigeria and Africa a 36-inch cryogenic pipeline for Liquefied Natural!-->!-->!-->!-->!-->!-->!-->…
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Shell Lifts Force Majeure on Major Oil Exports From Nigeria
The Shell Petroleum Development Company of Nigeria Limited (SPDC), operator of the SPDC joint venture, has lifted the force majeure slammed on Bonny export programme with effect from Wednesday, March 15, 2023.
A Spokesperson for!-->!-->!-->!-->!-->…
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NCDMB Wins Best MDA Award
By Moses Patience Chat
The Nigerian Content Development and Monitoring Board (NCDMB) has emerged as top performer in business efficiency and transparency in Federal Government’s ranking of ministries, departments and agencies (MDAs)!-->!-->!-->!-->!-->…
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Nigeria Approaches UK Court to Cancel $11bn Judgement awarded to P&ID
By Moses Patience Chat
The Federal Government at the weekend said it has approached and also asked a London Court in the United Kingdom to cancel a previous judgment that was given, asking Nigeria to pay $11 billion as debt to!-->!-->!-->!-->!-->…
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Edo Refinery Orders 150,000 Barrels of Crude Oil to Meet Growing Customer Demand
By Adaobi Rhema Oguejiofor
The Edo State government-backed Edo Modular Refinery has ordered for the supply of 150,000 barrels of crude oil to meet the demand of its growing client base.
This was disclosed on Sunday in a!-->!-->!-->!-->!-->!-->!-->!-->!-->…
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Enugu DisCo Introduces New Policy to Help Customers Clear Energy Debts
Adaobi Rhema Oguejiofor
The Enugu Electricity Distribution Company (EEDC) has introduced a new product known as the Accelerated Settlement of Arrears Project (ASAP) to help customers with outstanding bills to clear their energy!-->!-->!-->!-->!-->…
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Naira Scarcity: CBN Doesn’t Need My Directives To Obey Court Orders – Buhari
President Muhammadu Buhari has distanced himself from the Central Bank of Nigeria’s alleged disobedience to orders of the Supreme Court regarding the implementation of the Naira redesign and cash swap policy of the apex bank.
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NUPRC Introduces New Measurement Regulation to Reduce Oil Loss
By Moses Patience Chat
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) at the weekend said it has introduced a new measurement regulation draft to help reduce oil loss coming from inaccurate measurements and leakages.
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