ENI builds 41mw plant to boost power supply
Economic and Social activities of the people of Bayelsa State is to be boosted as 41 megawatts Power plants being built in Yeneoga, Bayelsa state by ENI, the Italian oil giant for the…
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$2bn Dangote fertilizers company comes on stream in May
Nigeria is to become the largest exporter of fertilizer in Africa as the $2 billion Dangote Fertilizers Company is set to commence full production by May this year.
Already pre…
Oil prices rise on supply cuts, but global slowdown looms
Oil prices rose on Tuesday amid supply cuts by producer club, OPEC and Russia, although a darkening economic outlook may soon weigh on growth in fuel demand.
Brent crude oil futures LCOc1…
Dangote Refinery records major milestone, begins equipment installation
Hope of Nigeria having functional refinery and stop to be net importer of refined petroleum products has been boosted as the multi billion dollar Dangota Oil Refinery Limited has taken…
LCCI, stakeholders kick against fuel subsidy in 2019 budget
Stakeholders in the downstream sector of the Nigerian oil and gas industry have kicked against the provision of fuel subsidy in the 2019 budget.
They say including subsidy in the budget…
More Nigerians to have access to cooking gas
Large number of Nigerians may soon have access to make use of Petroleum Liquefied Gas (LPG), otherwise known as cooking gas because the Nigerian National Petroleum Corporation (NNPC) is set…
Nigerians to access cheaper cooking gas on expected increased production
Nigerians may soon have access to petroleum liquefied gas (LPG), otherwise known as cooking gas, at cheaper rates as the Nigerian National Petroleum Corporation (NNPC) says it is set to halt…
More Nigerians to have access to cooking gas
Large number of Nigerians may soon have access to make use of Petroleum Liquefied Gas (LPG), otherwise known as cooking gas because the Nigerian National Petroleum Corporation (NNPC) is…
Suppressed 17,000MW electricity load demand puts power sector on edge
Nigeria’s power sector challenges are not likely to improve dramatically anytime soon despite government’s claims on its achievements. The magnitude of the problems on ground appears larger…
Stakeholders worried over uncertainty around PIB
Stakeholders in the oil and gas industry are worried that the uncertainties surrounding the Petroleum Industry Bill (PIB) would persist and nobody knows long it would take.
This has sent…