The Department of Petroleum Resources (DPR) has issued warning to marketers against hoarding of Petroleum products in their outlets. The Director/CEO DPR Sarki Auwalu gave this warning following the emergence of queues in retail outlets in some states of the federation. He stated that from available records, there is product sufficiency in the country and […]
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…Cautions against Hoarding, Panic Buying Contrary to speculations of an imminent increase in the price of Premium Motor Spirit (petrol) in the country, the Nigerian National Petroleum Corporation (NNPC) has ruled out any increment in the ex-depot price of petrol in March 2021. A press release by the Group General Manager, Group Public Affairs Division,
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The plant is located in the Northern Cape of South Africa, which is also the location of ENGIE’s 100 MW Kathu CSP plant ENGIE has announced that it has reached an agreement to acquire from Abengoa a 40% equity stake in Xina Solar One, a 100 MW Concentrated Solar plant, as well as 46% of
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Dangote Grooms Nigerian Engineers to Manage Refinery Complex on Completion The Management of Dangote Oil Refinery is preparing young Nigerian graduates to take over the management of its 650,000 barrels per day single train refinery when it becomes operational in 2022. Already, the company has trained several Nigerian engineers in some of the world’s biggest
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Seplat driving sustainability with growing gas business – Brown Seplat Petroleum Development Company Plc, a leading indigenous energy company, has identified its fast-growing gas business as a strong catalyst for sustainable development in Nigeria. Mr. Roger Brown, Chief Executive Officer, SEPLAT, described this drive as a revolution, indicating that the direction is laudable and highly rewarding
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Leading energy company, The Shell Petroleum Development Company of Nigeria Limited (SPDC), has restated commitment to support the Federal Government of Nigeria’s goal of using the country’s proven gas reserves to trigger economic activities for gas-based industrialization. SPDC’s Managing Director and Country Chairman of Shell Companies in Nigeria, Mr. Osagie Okunbor, said Shell’s support is
Shell invests to support Nigeria’s Domestic Gas Ambition for industrialization Read More »
The Federal Government has concluded plans to sell crude oil to the $15 billion Dangote Refinery in Naira as part of measures targeted at strengthening the currency and Nigeria’s economy. This was disclosed by the governor, Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, who visited the Dangote Refinery, Petrochemicals Complex Fertiliser Plant, and Subsea
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The Alen gas monetization backfill project represents the first phase of Equatorial Guinea’s Gas Mega Hub masterplan; Launched by the Ministry of Mines and Hydrocarbons in May 2018, the Gas Mega Hub seeks to aggregate gas from upstream producers to deliver it to onshore industry; Equatorial Guinea is currently in discussions with Cameroon and Nigeria
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Nigeria losing jobs to China, others due to idle facilities — DPR The Department of Petroleum Resources (DPR), yesterday, raised concerns over moribund oil and gas facilities across the country. Speaking during a visit to one of such facilities, a fabrication yard located at Ilase Village, Snake Island, Lagos State, Director of DPR, Sarki
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Wabote charges Oil workers on 4th Industrial Revolution The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote has challenged oil and gas workers under the aegis of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) to brace up for the 4th Industrial Revolution that has brought Artificial
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