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“Without natural capital accountability GDP growth is meaningless’

NDEP lists milestones since first oil find ENERGY

Niger Delta Exploration & Production Plc, the pioneer of indigenous upstream oil & gas production firm in country, has listed several milestones in the sector since it struck its first oil from its Ogbele Marginal field in Rivers State. In a virtual event, which was attended by a cross section of the firm’s stakeholders, the Managing Director, Dr. ‘Layi Fatona, recounted the considerable challenges encountered by the company in its quest to pioneer indigenous upstream activities in Nigeria.

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Dangote Refinery reaches 71% completion

Dangote Refinery 71% complete— DPR

Construction of the $12 billion Dangote Refinery, which has the capacity to refine 650,000 barrels per day/bpd, has reached 71 percent completion stage. The Department of Petroleum Resources, DPR, stated this in its latest report— List of Valid Refinery Licences— obtained by Vanguard.

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