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Thursday, January 27, 2022
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CATEGORY

Energy

PIA: NNPC Secures $5bn Funding From Afreximbank for Nigeria’s Oil Industry

The Nigerian National Petroleum Company Ltd (NNPC) has secured a $5bn corporate finance commitment from the African Export Import Bank (Afreximbank) to fund major...

Petrol Landing Cost Rises to N282 Per litre as Oil Hits $90

The upturn in global crude oil prices has pushed the landing cost of Premium Motor Spirit (petrol) imported into Nigeria to over N282 per...

Pay us $3.4bn Fine, Niger Delta Fishermen Tell Shell

Members of the Artisan Fishermen Association of Nigeria, Niger Delta chapter, have urged the Shell Petroleum Development Company to immediately pay them the $3.4bn...

These Contractors Are Involved In Building Dangote Refinery

Dangote refinery is a 650,000 barrels per day (bpd) integrated refinery and petrochemical project under construction in the Lekki Free Zone near Lagos, Nigeria....

Asharami Energy Exceeds Industry Target with 2 million LTI-free Man-hours

A zero harm to employee, stakeholders and environment commitment has produced 2,000,000 man-hours without Lost Time Injury (LTI) over 1085 days at Asharami Energy,...

AMCON Takes Over Ibadan Electricity Distribution Company

The Assets Management Corporation of Nigeria (AMCON) has taken over the Ibadan Electricity Distribution Company (IBEDC) Ltd over insolvency. The Chief Operating Officer (COO) Engineer...

NUPRC: Nigeria Loses Over 115,000 Barrels Per Day to Oil Theft, Vandalism

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the country loses more than 115,000 barrels per day to oil theft and vandalism. Gbenga Komolafe, chief...

Dangote Refinery to Reduce Africa’s Petroleum Importation by 36%, says APPO

African Petroleum Producers Organisation (APPO) has said that the establishment of Dangote Oil Refinery will bring about a 36 per cent reduction in the...

Obaseki: Ossiomo Power to supply 24-hour electricity to Benin Airport, NAF base

The Edo State Governor, Mr. Godwin Obaseki, has disclosed plans to supply 24-hour electricity to the Benin Airport and the Nigerian Air Force Base...

FG To Inject 10 Million Cylinders Nationwide

By Abdulwaheed Olayinka Adubi The Federal Government has rolled out its plans to inject 10 million cylinders of Liquefied Petroleum Gas (LPG) into circulation nationwide,...

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