Every government all over the world subsidizes certain things for the citizenry. From America to Europe, it is either agricultural products or housing and to all other basic things of life. Therefore, this present administration must not make the mistake of thinking every subsidy is an aberration. It is certainly not. There is nothing abnormal…
It is difficult to guess what was on the mind of the Nigerian Electricity Regulatory Commission (NERC) in deciding at this time on an increase in electricity tariffs specifically targeted, in this instance, at Band A Customers of the Electricity Distribution Companies and opting to be the face of the hike in the tariff, while…
…Felicitates Temile Devt. Company on Acquisition of LPG Carrier The Nigerian National Petroleum Company Limited (NNPC Ltd.) has held talks with a South Korean consortium led by Daewoo E & C on the development of gas projects in Nigeria. The discussions which held in Seoul, South Korea, yesterday were aimed at deepening NNPC Ltd.’s drive…
Transparency: EITI Rates NNPC Ltd High in Compliance …As Kyari Insists No Public Fund Withheld Global transparency body, Extractive Industries Transparency Initiative (EITI), has scored the Nigerian National Petroleum Company Limited (NNPC Ltd.) very high in its latest global assessment. This was disclosed by EITI’s Deputy Executive Director, Mr. Bady Baldé, during a visit by…
In a bid to fast-track the process of achieving the Final Investment Decision (FID) on the Nigeria-Morocco Gas Pipeline, the Federal Government has intensified discussions with the Kingdom of Morocco. The discussion which held on Wednesday, 24th January, 2024, on the sidelines of a meeting between the Honourable Minister of State for Petroleum Resources (Gas),…
…says NNPC Ltd’s Command-And-Control Centre Has Aided Battle Against Crude Oil Theft, Pipeline Vandalism The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mr. Mele Kyari has called for collaboration between the academia and the Oil & Gas Industry towards addressing the challenges of energy sufficiency and sustainability. …
Transaction will preserve the full range of SPDC’s operating capabilities Shell will remain a major investor in Nigeria’s energy sector through its Deepwater and Integrated Gas businesses Shell has reached an agreement to sell its Nigerian onshore subsidiary, The Shell Petroleum Development Company of Nigeria Limited (SPDC), to Renaissance, a consortium of five companies…
Dangote Petroleum Refinery has commenced production of diesel and aviation fuel. President of Dangote Group, Alhaji Aliko Dangote, elatedly thanked President Bola Ahmed Tinubu for his support, encouragement, and thoughtful advice towards the actualisation of this project. Dangote also thanked the Nigerian National Petroleum Company Limited (NNPC Limited), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigerian Midstream…
Dangote Refinery (http://www.Dangote.com) appears set to commence production of refined petroleum products with the receipt of the sixth batch of the of barrels of crude supplied by the Nigeria National Petroleum Corporation Limited (NNPCL). The fresh one million Agbami barrels of crude via MT ALMI SUN is the sixth to complete the scheduled 6 million…
…Achieves Mechanical Completion, Flare Start-up of Refinery’s Area 5 Plant The Nigerian National Petroleum Company (NNPC) Ltd. has fulfilled its pledge of achieving the mechanical completion of rehabilitation work on Area 5 Plant of the Port Harcourt Refining Company (PHRC). Rehabilitation work has been ongoing at the Refinery for over two years and the NNPC…
