LPG: How VAT, Forex, others impact Nigeria’s market — NLNG By Eyo Nsima The Nigeria LNG Limited, NLNG, has attributed the rising prices of Liquefied Petroleum Gas, popularly known as cooking gas to factors such as the Value Added Tax, VAT, and Foreign Exchange, Forex. According to the company, “NLNG’s domestic LPG pricing is […]
LPG: How VAT, Forex, others impact Nigeria’s market — NLNG Read More »
By Eyo Nsima Dorman Long Engineering Limited, a leading Oilfield Equipment, Structural Steel, Engineering Fabrication Company, and Rockwell Automation, a global leader in Industrial Automation and information technology, have concluded plans to hold their Oil & Gas Solutions Seminar, on Thursday, September 9, 2021, from 9:00 – 12:00, West African Time, WAT, at Eko Hotels
The Federal Government’s decision last year to declare the next ten years, a decade of gas revolution will indeed go down as a watershed in Nigeria’s giant strides to develop a sustainable economic and infrastructural base capable of making it more competitive in an emerging global order. For most energy industry stakeholders, including those who
NIGERIA: A look at 12 months of Domestic Gas Revolution Read More »
By Eyo Nsima The prices of crude oil have bounced back in the international market, hitting over $72 per barrel, as Arabian Gulf Oil Company, AGOCO, a subsidiary of Libya’s National Oil Corporation (NOC), suspends the production of 1.2 million barrels per day, BPD. Before the suspension, AGOCO had given indication that it would stop
BREAKING: Oil prices bounce back, hit over $72 per barrel Read More »
…As Sylva, Board Members Hail Corporation Following the Presidential applause for the Nigerian National Petroleum Corporation (NNPC) on its posting of ₦287bn profit after tax in the 2020 financial year, the Group Managing Director, Mallam Mele Kyari, has given an insight into the measures adopted by his management to achieve the feat. Speaking at a
NNPC ₦287bn Profit: Kyari explains facts behind the figures Read More »
President Muhammadu Buhari has commended energy conglomerate, Sahara Group for hitting the landmark celebration of 25 years in business and operating as a foremost energy conglomerate that provides 21 per cent of power to Nigerians. “I am particularly enthused that you provide about 21 per cent of power to Nigerians and distribute
Sahara Group provides 21% of energy to Nigeria – Buhari Read More »
The Department of Petroleum Resources ( DPR) says it is collaborating with the Standards Organisation of Nigeria (SON) to curb the manufacturing and sale of substandard lubricants in the country. Engr. Sarki Auwalu, Director and Chief Executive Officer, DPR made the disclosure recently while unveiling the agency’s Downstream Remote Monitoring System ( DRMS) platform to
DPR, SON collaborate to tackle proliferation of substandard lubricants Read More »
BREAKING: Shunammite Foundation takes LPG Promotion to Ajegunle, Lagos By Eyo Nsima Shunammite Foundation, a Non-Governmental Organization, has taken its cooking gas campaign to Ajegunle in Lagos. The campaign aims at encouraging households and others to shift from traditional energy sources to the use of cooking gas, known for its cleaner, cheaper and faster benefits.
BREAKING: Shunammite Foundation takes LPG Promotion to Ajegunle, Lagos Read More »
By Eyo Nsima The Petroleum Products Pricing Regulatory Agency, PPPRA, has said it did not present forged documents to the House of Representatives Committee on Finance. The PPPRA Assistant General Manager, Corporate Services, PPPRA, Kimshi Apollo, reportedly, said “There is nothing like forgery and we are bringing our document before the committee tomorrow (Thursday) and
We did not present forge documents to House of Representative Committee — PPPRA Read More »
…As Kyari Clarifies Revenue Projection for 2022-2024 Revenue Framework The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, on Wednesday, received accolades from the House of Representatives Committee on Finance for providing detailed explanations on some burning Oil Industry issues at an interactive session on the 2022-2024 Medium Term Expenditure
House of Reps to Kyari: “GMD You Have Made Our Day” Read More »
