Heirs Energies, Renaissance Africa collaborate to drive Nigeria’s oil and gas devt
Heirs Energies Limited and Renaissance Africa Energy Company have expressed mutual commitment to strategic collaboration following a high-level courtesy visit by Osa Igiehon, CEO of Heirs Energies, to Renaissance's leadership team, led by the Managing Director, Tony Attah.
Nigeria’s cooking gas import dips by 35%
By Michael Eboh Nigeria’s Liquefied Petroleum Gas, LPG, import dipped by 35.13 per cent to 57,187.75 metric tonnes in vacuum, MT VAC, in September 2020, against 88,157.108 MT VAC recorded in the previous month, August 2020. According to the September 2020 LPG supply data of the Petroleum Products Pricing Regulatory Agency, PPPRA, the LPG, also […]
Amnesty Programme yet to address causes of N’Delta’s agitation — Report
By Michael Eboh The Presidential Amnesty Programme, PAP, despite gulping billions of naira annually over the last 11 years, had failed to address various challenges that necessitated its setting up in the first instance, according to a report published by international development consulting firm, Nextier Security, Peace and Development, SPD. Presenting key findings in the […]
Lekoil net loss surges by 34% in one year
By Prince Okafor Nigeria’s indigenous oil and gas exploration and production company, Lekoil, has announced net loss of $7.9 million in its unaudited interim results for the six months ended 30, June 2020. The company’s loss in the first six months of 2020 increased by 34 per cent, when compared to a loss of $5.2 […]
Electricity: AEDC to spend N23bn on installation of 900,000 meters in 18 months
By Chris Ochayi The management of Abuja Electricity Distribution Company, AEDC, has completed arrangements to install free 900,000 meters for customers under its franchisee in the next eighteen months. The meters being delivered under the National Mass Program, NMMP, according to the Managing Director of AEDC, Engr. Ernest Mupwaya, will begin with installation of 101,000 […]
Lubricants traders fight PPPRA over administrative charges
By Prince Okafor The Lubricants Producers Association of Nigeria, LUPAN, has petitioned the Federal Government over the imposition of N1.23 kobo administrative charge on base oil by the Petroleum Products Pricing Regulatory Agency, PPPRA. The administrative charge was N0.10 per litre before the hike. In its petition, titled: ‘Appeal for the Cessation of Administrative Charge […]
