2020 year of gas revolution, says Minister
The Honourable Minister of State for Petroleum Resources, Chief Timipre Sylva has declared 2020 as the year of Gas for the Nation. He made this known when he received the Executive Management of the Nigeria Liquefied Petroleum Gas Association (NLPGA)…
Delay suffered by FID on $10bn NLNG Train 7 may make or mar sector in 2020
The Nigerian energy sub sector is currently in serious dilemma following the observed failure of the Federal Government and other shareholders of the Nigeria LNG Limited to take a Final Investment Decision (FID) on the company’s Train 7 project at…
Waltersmith Modular Refinery set to meet scheduled deadline in 2020
Logistics have been put in place to flag off phase one of the modular refinery and the ground breaking ceremony of the phase two is expected to hold in May 2020. The Waltersmith project has already reached 90 percent completion;…
Discos’ excuses rooted in NERC’s regulatory weaknesses—Nigerian Engineers
Rising from its 52nd National Engineering Conference, Exhibition and Annual General Meeting of the Nigerian Society of Engineers (NSE), the body has traced the endless excuses of poor services delivery by power companies to the regulatory inefficiency of Nigerian Electricity…
New DPR boss, Auwalu assures decades of oil exploration in Nigeria
Newly appointed Director, Department of Petroleum Resources (DPR), Engr Sarki Auwalu, has reassured that contrary to some expert claims that Nigeria’s oil resources are nearing the end of their shelf life in the next 10 years, the resources will serve…
New Director of DPR visits Minister, assures hard work, efficiency
The new substantive Director, Department of Petroleum Resources (DPR), Mr Sarki Auwalu, Thursday, paid an official visit to the Minister of State, Petroleum Resources, Chief Timipre Sylva in his Office. Received by the Technical Adviser (TA) – Gas Business &…
Stakeholders’ still hopeful, waiting for FID on both LNG Train 7, Brass LNG
Even as 2019 curtain draws, industry stakeholders have expressed surety that the Federal Government under President Muhammadu Buhari will cause the Final Investment Decision (FID) on both two hanging gas schemes; the LNG Train 7 and Brass LNG. The delay…
DPR intensifies shutdown of LPG plants breaching safety standards in Lagos
…As Reps urges clampdown on plant illegalities in cities Wednesday was hot for operators of Liquefied Petroleum Gas (LPG) plants that fall short of minimum operating standards and non-compliance to international allowable standards set by the Department of Petroleum Resources…
E’Guinea to convert Methanol Plant to Modular Refinery
…As Nigeria gets first modular refinery April next year A feasibility study is underway on the potential to convert Equatorial Guinea’s methanol plant at Punta Europa; The Ministry of Mines and Hydrocarbons is dissatisfied by declining gas production and expects…
‘Freight rate: FG to save $30.87 per MT of petroleum products from Dangote Refinery’
Considering the Lagos location of upcoming Dangote Refinery, Business Hilights Intelligent Unit (BHIU), an independent business research arm of Business Hilights Media Group, publishers of Business Hilights Online and Markets Business Hilights Newspapers, has revealed that the from the onset…
