The Department of Petroleum Resources (DPR) in Cross River has assured motorists and others residents of adequate supply of petroleum products to depot in the states. The Operations Controller of DPR in the state, Mr Philip Awolu, disclosed this during a tour of some tank farms at the Calabar depot. Awolu said that majority of…
Dr Jamilu Gwamna, the Managing Director of Kano Electricity Distribution Company (KEDCO),has pledged the company’s commitment to ensuring effective service delivery that would boost customers’ satisfaction. Gwamna made the pledge at a ceremony organised to commemorate the sixth anniversary of the company in Kano on Friday night. He said KEDCO would continue to do its…
The Managing Director of Transmission Company of Nigeria (TCN), Alhaji Usman Mohammed, said that the 1.66 billion dollars received from international donors increased generation capacity in the country. TCN recently received 1.66 billion dollars from multi-lateral donors to boost power supply in the country. Mohammed disclosed this at the Nigeria electricity awareness walk, organised by…
Lagos State Government says it will partner with Niger Delta Power Holding Company to increase power supply in the state. Gov. Babajide Sanwo-Olu said this on Friday when officials of Niger Delta Power Holding Company paid him a visit at Lagos House, Ikeja. Sanwo-Olu said that the collaboration was necessary in view of the importance…
Africa Oil Corp. (“AOI”, “Africa Oil” or “the Company”) is pleased to announce that it has entered into an amendment to the share purchase agreement (the “Amended SPA”) signed on October 31st, 2018, between Petrobras International Braspetro BV (“PIBBV”) and Petrovida Holding B.V. (“Petrovida”), the company formed by the consortium of Africa Oil, Delonex Energy Ltd. (“Delonex”)…
…Conditions for NCI Fund‘ll not be relaxed The Nigerian Content Development and Monitoring Board (NCDMB) will partner with the Oil Producers Trade Section (OPTS) – the umbrella body of major oil producing companies to develop an oil and gas industry marine vessels standards. The Executive Secretary of NCDMB, Engr. Simbi Kesiye Wabote gave…
. Otabagi, Nigeria’s first oil community to become research, tourist centre .Union commends President Buhari, Lawan, Sylva, others THE Federal Government has concluded plans to establish a modern Oil and Gas Research Institute/Museum in Otabagi Community in Ogbia Local Government Area of Bayelsa State, where commercial oil was first struck in 1956. Otabagi,…
Dr Kenneth Okereafor, a Cyber Security Expert, has underscored the need to have regulations in place to monitor and mitigate cyber attacks through a single risk information system security management entity. Okereafor said this during a two-day Information Assurance Workshop, organised for Ministries, Departments and Agencies (MDAs) of government in collaboration with the Office of…
MTN Nigeria Communications Plc on Wednesday announced a revenue of N856.48 billion for nine months ended Sept. 30, 2019. The revenue figure is on the company’s nine months unaudited result posted on the Nigerian Stock Exchange (NSE) website. The unaudited result showed that the revenue represented a growth of 12.03 per cent when compared with N764.46…
The Programme Manager, National LPG Expansion Plan, Mr Dayo Adeshina, on Wednesday said the Federal Government was targeting the consumption of five million tons of Liquefied Petroleum Gas (LPG) by Nigerians in 2023. Adeshina said this at the 13th Edition of the Oil Trading and Logistics (OTL Africa Downstream) Conference in Lagos. The National LPG Expansion…
