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Why we are building world largest single line refinery in Lekki—Dangote

Dan K1

African lead investor and industrialist, Alhaji Aliko Dangote has given fresh insights on his mission in in the development of Dangote refinery in Lekki Free Trade Zone, Lagos. In his welcome address, during a recent tour of his refinery by the Minister of Petroleum of State for Resources, Dr. Ibe Kachukwu, Dangote explained that his group is building the world’s ...

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Ghana comes, begging for more Nigerian gas for electricity, others

Ghanaian President, Akufo Addo

Energy crisis rocking Ghana can be resolved if Nigeria’s gas is sustained or even increased in volume. This was the revelation of the Minister for Energy, Ghana, Mr. Boakye Agyarko, on Tuesday at the Nigerian Annual International Conference and Exhibition organised by the Society of Petroleum Engineers (SPE) in Lagos. Represented by the acting Chief Executive Officer, Petroleum Commission, Ghana, ...

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Oil workers 21 day ultimatum for nationwide strikes enter day 3 today

pengassan

President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Comrade Igwe Achese, has said there are strong chances of fuel scarcity in the Federal Capital Territory (FCT), Abuja following the decision taken to stop fuel supply to Abuja and its environs. He explained that PENGASSAN’ 21 days ultimatum giving to stakeholders in the oil and gas ...

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Tracking Now: Finish your refinery before 2019-FG begs Dangote

Dan K1

…We’ll deliver the $18bn facility in 2019—Dangote The Federal Government on Monday afternoon, opened up to President of Dangot Industries, saying “it relies heavily on the Dangote refinery to fulfil its promise to Nigerians to end fuel importation by December 2019”. Minister of State for Petroleum Resources, Mr. Ibe Kachikwu, who visited the Dangote oil Refinery site at Lekki free ...

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‘Stubbornly high cost of oil production forcing FG to rest exploration’ –Minister

Ibe K

“The country will have to halt oil production if the cost of producing the commodity remains stubbornly high. “For me, you rather leave the oil in the ground than produce at a cost that doesn’t make sense. So, cost is going to be a very high driver. So that is certainly one area we are focusing on; we are working ...

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IAEA directs FG to establish nuclear safety legal framework before venture

NNRA

For the avoidance of leakage of applications and digital materials to wrong hands, the International Atomic Energy Agency (IAEA)’s Integrated Regulatory Review Service (IRRS) team has presented a report, which directs Nigeria to establish a nuclear safety legal framework. The recommendation follows after a 10-day mission to assess the regulatory framework for nuclear and radiation safety as well as the ...

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FG’s insincerity forcing militants to resume bombardment Sept 1—NDRC

militants-and-buhari

“Our grievance with government is that after the consolatory statement of the government by Prof. Osinbajo, nothing is on ground to show sincerity by government”, this was the key argument of the Niger Delta Revolutionary Crusaders (NDRC), for planned resumption of attacks on oil facilities in Niger Delta effective September 31. NDRC is one of the militant groups that had ...

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FG summersaults, ready to sell refineries commercially unviable

Refinery

Contrary to previous pronouncements by the federal government that it has no plan to either sell or concession any of the four nation’s refineries, indications have emerged that there are fresh plans to put both Warri and Kaduna refineries on sale. Government anchored its defence on the status of each of the refineries, saying those ones found to be commercially ...

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New NPP avails oil communities to participate in block allocations

militants-and-buhari

A policy that may seem as the magic wand to permanently end hostilities in Niger Delta has been signed by the federal government. This is called the National Petroleum Policy (NPP). Key provision coming with policy include the participation of host communities in transparent and competitive licence allocation, albeit through special purpose vehicle controlled, registered and operated by the host ...

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Osinbajo begins make or mar dialogue with N/Delta youth today

Acting president, Prof Yemi

A strategic dialogue capable establishing a last peace or resumption of hostilities will begin today, Monday, July 31, at the Petroleum Training Institute (PTI) Conference Centre, Effunrun, Delta State. The summit, designed as the first expanded Niger Delta Youth Peace Dialogue (NDYPD) and an initiative towards tackling militancy and youth restiveness in the Niger Delta region, will be presided over ...

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