40 oil firms in possession of dormant refinery licenses
•Dips refining capacity by 1.862m bpd
Early hopes of Nigeria’s refining capacity growing by 1,862,000 million barrels per day (bpd) has further been dashed as 40 firms are currently in possession of dormant refinery license, a!-->!-->!-->…
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’94 Super Eagles Reward: Nigeria Pillar Of Sports Thumbs Up Buhari
Following the recent redemption of Federal Government's pledge, 27 years after, to Nigerian Super Eagles for winning the African Nations Cup in 1994 in Tunisia, the Nigeria Pillar of Sports, Chief Donatus Agu Ejidike, JP has praised the!-->…
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NNPC’s $223.9m funds: Previous management responsible for irregularities – Polaris Bank
The management of Polaris Bank Limited has blamed the previous management of defunct Skye Bank Plc for its inability to transfer the controversial $223.9m belonging to the Nigerian National Petroleum Corporation (NNPC) into the Treasury!-->…
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Schneider Electric to host Innovation Day 2021
...Emphasizes link between Digitisation and Sustainability
Schneider Electric, leaders in digital transformation of energy management and automation, will be hosting its 2021 Innovation Day on July 6, 2021.
Valuechain gathered that!-->!-->!-->!-->!-->…
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FG targets new terminals to boost gas supply
The Programme Manager, National Liquified Petroleum Gas (LPG) Expansion Plan in the office of the Vice president, Mr Dayo Adeshina, has said government is targeting installation of five gas terminals to boost LPG penetration in the!-->…
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Nigeria faces $500m penalty for alleged default on Mambilla Power deal
The federal government could end up paying $500 million to an electricity transmission company for allegedly defaulting on a $200 million settlement agreement it entered into with the firm.
Sunrise Power and Transmission Company Limited!-->!-->!-->…
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How Nigeria ‘accidentally’ discovered 206trn cubic feet gas reserve – Sylva
Minister of State for Petroleum, Timipre Sylva, has said that the country accidentally discovered 206 trillion cubic feet of gas reserves while in search of crude oil.
Sylva, who disclosed this in Abuja at a News Agency of Nigeria!-->!-->!-->…
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DPR REITERATES COMMITMENT TO SUPPORT INVESTMENT IN OIL & GAS INDUSTRY
The Director/CEO, DPR, Engr. Sarki Auwalu has reiterated the commitment of DPR to support investments in the oil and gas industry for all stakeholders.
This was contained in a statement issued by the DPR, a copy of which was made!-->!-->!-->…
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Ologbo modular refinery ready for production – Gov. Obaseki
Govenor Godwin Obaseki of Edo, says the modular refinery in Ologbo, Ikpoba – Okha Local Government Area (LGA) of the state was ready for production.
Obaseki stated this shortly after he was conducted round the facility by the Managing!-->!-->!-->…
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Finally: Buhari allocates houses to ’94 Super Eagles
…In their states of preference
Twenty-seven years after successive governments have failed to redeem pledge, President Muhammadu Buhari has approved the allocation of 3-bedroom houses to each of the Super Eagles team that won!-->!-->!-->…
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