The Minister of State for Petroleum Resources, Chief Timipre Sylva, says the Federal Government will continue to support efforts to ensure the take-off of Waltersmith Modular Refinery by May 2020 Sylva gave the assurance during an inspection tour of the refinery construction site located in Ohaji/Egbema Local Government Area of Imo State. The Modular refinery…
… As Corporation’s Monthly Financial Operations Report Marks 50thEdition The Nigerian National Petroleum Corporation (NNPC) has announced crude oil and gas export sale of $355.93million in September 2019, indicating a significant increase of 52.84 per cent, compared to the August, 2019 figure of $232.87million, a release by the corporation’s Acting Group General Manager, Group Public…
In the bid to improve the quantum and quality of power being supplied to customers, BEDC Electricity Plc. (BEDC) seeks to engage with power generation companies within and outside Nigeria specializing in embedded generation in order to achieve its aims and objectives. According to the Management in a statement, BEDC desires to partner such companies…
Mrs Olayinka Abe, the Forum Secretary of the Nigerian Electricity Regulatory Commission (NERC), Ibadan says it has resolved a total of 435 out of the 580 complaints it received on electricity from January till date. Abe, who made the on Sunday in Ibadan, said that this amounted to about 75 percent of the complaints. She…
The Federal Government and other shareholders of the Nigeria LNG Limited failed to take a final investment decision on the company’s Train 7 project last week, our correspondent has learnt. It was gathered that the Final Investment Decision was due to be reached at a meeting held last Thursday in Abuja by the shareholders, with…
Eko Electricity Distribution Company (EKEDC) has received an award for being an Employee-Friendly organization from the National Union of Electricity Employees (NUEE). Godwin Idemudia, EKEDC Spokesman, said in a statement said the award was in recognition of the company’s efforts toward protecting interest and ensuring a conducive environment for employees. He said NUEE cited the…
The Executive Director, Services, Kaduna Refining and Petrochemical Company (KRPC), Dr Abdullahi Idris has called for greater synergy between the media and oil and gas industry in the country to enhance activities in the sector. Idris stated this on Saturday in Kano at the 7th KRPC annual workshop for media practitioners. He said such relationship…
The Department of Petroleum Resources (DPR) has commended fuel dealers in Adamawa for adhering to government directives on suspension of petrol sales in stations located 20 kilometres to Nigerian borders. The state’s DPR Operations Controller, Alhaji Ibrahim Ciroma disclosed this in Gurin, a border community in Fufore Local Government Area (LGA) of the state while…
Oil prices remained atop three-month peaks on Thursday, extending a robust streak that began a week ago as thawing trade relations between the United States and China supported global markets. Brent crude futures edged up 8 cents to 66.25 dollars a barrel by 0645 GMT, while U.S. West Texas Intermediate (WTI) crude gained 4 cents…
The Department of Petroleum Resources (DPR) has advised motorists in Anambra not to engage in panic buying of petroleum products in the state. Mr Ignatius Anyanwu, Operations Controller of DPR, Awka Area office gave the advice in an interview with newsmen in Awka on Thursday. Anyanwu said there was enough supply to the state that…