Business

Dangote Refinery drops PMS to N1,165/litre, diesel to N1,570/litre

By Peter Egwuatu Dangote Petroleum Refinery has announced a reduction in the ex-depot prices of Premium Motor Spirit (PMS) and Automotive Gas Oil (Diesel), effective Thursday 6th of August, thereby reaffirming its commitment to providing affordable, high-quality petroleum products to the Nigerian market. The company in a statement said, under the new pricing structure, the […]
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Egbin power targets additional 1800MW under phase 2 expansion plan

MANAGEMENT of Egbin Power Plc, has restated its commitment to fast track its planned investments in additional gas pipelines, the proposed Floating Storage and Regasification Unit (FSRU) project for the Egbin Phase 2 project with an estimated capacity of between 1,350 Megawatts, MW, and 1800MW using modern technologies as well as the deployment of renewable energy sources to boost the plant’s productivity.

OPEC, non-OPEC, others set for Nigeria’s NIPS – Project Director

The Federal Government of Nigeria has started making concerted efforts targeted at attracting foreign and local investors to invest in the nation’s oil and gas industry. In this interview with Udeme Akpan, Mr. James Shindi, the Project Director of the first edition of the Nigeria International Petroleum Summit (NIPS), an African Petroleum Technology and Business Conference (APTC) holding in Abuja from February 19 – 23, 2018, spoke on a wide range of issues.

Nigerians lack adequate knowledge of NipeX – Investigation

There are indications that   many Nigerians do not know much about NipeX, established to provide an electronic contracting platform for the Nigerian National Petroleum Corporation, NNPC and its operating partners in the Joint Venture (JV) and Production Sharing Contract (PSC) arrangement.

Sahara Group hinges future on synergy, diversification

Leading African energy and infrastructure conglomerate, Sahara Group has reinforced its commitment to sustaining its growth and expansion across global markets through diversification, collaboration and innovation

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