Can NNPC meet its 2013 targets with prevailing pace, crude swap deals?
Whereas the new management structure at the Nigerian National Petroleum Corporation (NNPC) has set fresh target of 2023 to turnaround the moribund states of all four national refineries, industry analysts say they are yet to see clear roadmap from the…
Nationwide protests loading as FG succumbs to ANED’s pressure to hike tariff
Majority of Nigerian electricity consumers are warming up to track down the Federal Government should it further with the plan to dance according to the tunes of electricity distributors under the aegis of Association of Electricity Distributors of Nigeria (ANED)…
NGFCP driving innovative, scalable approaches to gas flare reduction—Derefaka
The Program Manager, Nigeria Gas Flare Commercialisation Programme (NGFCP), Federal Ministry of Petroleum Resources, Mr Justice Derefaka, has explained that the design of the NGFCP was an innovative and scalable approach to gas flare reduction in Nigeria. He said the…
E’Guinea close to becoming Africa’s gas hub—Report
Equatorial Guinea Tuesday, made yet another step closer to becoming a gas hub for Africa today as it inaugurated the first LNG storage and regasification plant to be built on the West African coast. While West Africa is a major…
N’Delta communities to gain more from gas flare commercialization—Derefaka
More facts have emerged from the recently concluded workshop for all the qualified applicants in the gas flare commercialization bidding process in Abuja revealing that apart from raising the economy of the nation, the host communities will gain much during…
Shocker: 888mmcf/d flared gas in 178 sites in N’Delta equivalent to 5GW—NGFCP boss
The Program Manager, Nigeria Gas Flare Commercialisation Programme (NGFCP), Federal Ministry of Petroleum Resources, Mr Justice Derefaka, has explained that the average total number gas and carbon dioxide flared in confirmed 178 gas flare sites across Niger Delta is equivalent…
Discos mock FG over rumours to payoff current investors with N736bn
In what may suggest hide and seek game between the Federal Government and current investors in electricity distributors, the Executive Director, Research and Advocacy, Association of Nigerian Electricity Distributors (ANED), Sunday Oduntan, has ruled out possibilities of revoking Discos’ licences…
NNPC: 15 firms to export crude, return equivalent refined products emerge
Again, chances of local refineries coming back from comatose to productivity in the next one year may have been botched following Sunday’s release of names of successful mega 15 oil and gas shipping companies by the Nigerian National Petroleum Corporation…
Inherited 30 NIPP transmission projects, 70 new distribution schemes delivered— NDPHC
The Managing Director/Chief Executive Officer, Niger Delta Power Holding Company Limited (NDPHC), Mr Chiedu Ugbo has revealed that contrary to claims in some quarters that current administration has not done any reasonable project on power, “Between May 2015 and now,…
‘Tag of ‘failed investors’ final step to revoke 2013 power privatization exercise’
The latest move by the Federal Government to repossess 10 out of 11electricity distribution firms as one of the options to rescue the nation’s ailing electricity value chain in Nigeria has been seen by industry expert as readiness to quash…
