BFPCL takes FID on $3.6bn methanol plant in Bayelsa The shareholders of Brass Fertilizer and Petrochemical Company Limited have taken the Final Investment Decision, FID, for the construction of Nigeria’s $3.6 billion methanol plant. The plant, to be located in Odioma, Brass Island, Bayelsa State, is scheduled to come into operation in 2024, and produce
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OPEC Daily Basket – January 28, 2021 OPEC daily basket price stood at $54.36 a barrel Thursday, 28 January 2021, compared with $55.31 the previous day https://www.opec.org/opec_web/en/press_room/6291.htm
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The Daily holds Discourse on PIB: Many Promises, Failures, and Implications on Nigeria’s Oil and Gas Industry January 30 The Daily, a leading energy-pro publication in Africa, deliberately driven by innovative technologies and experienced professionals to deliver information, including news, analyses, and data 24 hours each day, to its massive population of readers in
FG lays the foundation, to relocate DPR HQs from Lagos to Abuja THE Federal Government has laid the foundation of the Department of Petroleum Resources, DPR, building in Abuja. On completion, the DPR, which has been closer to operators, including the International Oil Companies, indigenous companies, services providers, in Lagos since inception, would be moved
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TCN: Working to further expand Nigeria’s Electricity grid By Ndidi Mba The Transmission Company of Nigeria (TCN), a power utility positioned by the Federal Government to advance operations in the private-led power sector is no doubt living up to its mandate. TCN is at the middle of the power sector value chain, carrying out the
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SEPLAT appoints Okechukwu Mba as Managing Director for ANOH ….others Seplat Petroleum Development Company Plc has appointed Mr. Okechukwu Mba as the new Managing Director of ANOH Gas Processing Company (AGPC) Limited, the Incorporated Joint Venture (“IJV”) between Seplat and the Nigerian Gas Company (“NGC”), a wholly-owned subsidiary of Nigerian National Petroleum Corporation (“NNPC”).
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2021 Budget: Ndume urges youths to tract implementation of Social Intervention Fund FORMER Senate Leader, Senator Ali Ndume, All Progressives Congress, APC, Borno, has urged youths to tract implementation of the social intervention funds of the Federal Government. Addressing journalists in Abuja, he said: “So I’m urging the youth particularly like now the government had
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Biden’s EV Revolution: A boom for Electric Trucks and the Tesla Semi, says IDTechEx The electric truck market in the US is primed for huge growth. Having largely lagged behind China and Europe in electric commercial vehicle deployment, the transition to zero-emission vehicles in this sector now seems set to begin in earnest. The IDTechEx
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Oando Foundation, NCF empower 100 teachers and others in environmental sustainability The Oando Foundation, Nigeria, Sumitomo Chemical, China, with the technical support of the Nigerian Conservation Foundation (NCF) organised a 3-day capacity building on recycling and environmental sustainability for some public primary school teachers in Lagos State, themed “upcycling and composting in schools and
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NNPC records 92% increase in Sales of Petroleum Products in October …Increases Gas Supply to Power Plants by 8.60% The Nigerian National Petroleum Corporation (NNPC) has announced that its downstream subsidiary, the Petroleum Products Marketing Company (PPMC), recorded a total of ₦158.04 billion from the sales of white products in the month of October 2020
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