The Enugu Electricity Distribution Company (EEDC) says it will stop receiving cash payments above N3,000 from electricity consumers as from Feb. 1. The company said this in a statement by the Head of Communications, EEDC, Mr Emeka Ezeh, on Wednesday in Enugu. Ezeh said that customers making payments above N3,000 were expected to do so…
Oil prices slipped on Wednesday on concerns that the Phase 1 trade deal between the United States and China, the world’s biggest oil users, may not boost demand as the United States intends to keep tariffs on Chinese goods until a second phase. U.S. Treasury Secretary, Steven Mnuchin, said late on Tuesday that tariffs on…
The United Arab Emirates (UAE) has commended the agility of President Muhammadu Buhari in ensuring a strong and stable oil and gas sector in Nigeria. Fahad Al Taffaq, the UAE Ambassador to Nigeria, made the remark when he visited the Minister of State for Petroleum Resources, Chief Timpre Sylva, in Abuja on Wednesday. In a statement signed…
The Department of Petroleum Resources (DPR) on Wednesday inaugurated a multi million Naira laboratory to ensure distribution of quality petroleum products in Cross River. The Operations Controller of DPR Field Office in Calabar, Mr Philip Awolu, performed the inauguration at the agency’s office in Calabar. Awolu, who was represented by Mr Ndaliman Mohammed, also of…
The Department of Petroleum Resources (DPR) has urged Liquefied Petroleum Gas (LPG) plant operators to take necessary measures to ensure safety of end users of cooking gas in Kaduna State. The DPR North West Zonal Operational Controller, Mr Isa Tafida, gave the task at a one-day stakeholders’ sensitisation meeting on Wednesday in Kaduna. Tafida said…
The Nigerian Shippers’ Council (NSC) on Tuesday called for proper optimisation of the Lilypond Park to reduce congestion on the Apapa port access roads. Mr Hassan Bello, NSC Executive Secretary, made the call at a stakeholders’ meeting in Lagos on traffic situation along port access roads (Mile 2-Apapa and Ijora-Wharf Road). Bello represented by Mr…
The Department of Petroleum Resources (DPR), says plans are ongoing to grant Niger Delta Petroleum Resources Ltd. (NDPR) licence to operate its 1000 barrel per day Modular refinery that will be inaugurated soon. NDPR is a subsidiary of Niger Delta Exploration & Production Plc. (NDEP). This was made known in a statement issued by Mr…
The upcoming 2020 edition of the Nigeria International Petroleum Summit (NIPS) will focus on furthering Africa’s energy integration for the continent’s much needed renaissance and shared prosperity in the unfolding decade. The African Petroleum Technology & Business Conference with the theme “Widening the Integration Circle: Technology, Knowledge, Sustainability and Partnership” scheduled for February 9th to…
An Energy Expert, Mr AbdulHafis Sadiq, has advocated for incentives from government to encourage various players in the power sector to enhance desirable results. Sadiq made the call while speaking after his presentation at the 61st session of Greeners Hub B2B Nigeria in Abuja on Sunday. According to him, in most developed countries, incentives are…
So Energy Ghana, an affiliate of Sahara Group, has commissioned a retail station located at Alajo, in the center of the city of Accra to promote seamless access to world-class petroleum products in Ghana. The station bears the characteristic modern So Energy design which has become a brand associated with reliability, efficiency, convenience and safety…