57 marginal oilfield bid winners pay off their bonuses—FG
Following the conclusion of the bid round for the award of 57 marginal oilfields, won by 161 of the bidding companies, the Minister of State for Petroleum, Chief Timipyre Sylva has revealed that over half of the bid winners have…
‘No indication that oil sheen on Delta water is from Chevron installations’
Chevron Nigeria Limited (CNL), operator of the joint venture between the Nigerian National Petroleum Corporation (NNPC) and CNL is aware of a report in the media and some communities about an alleged oil spill from Abiteye, Makaraba and Utonana Fields…
Asteven Energy, Kwara team up on solar farm tunnel scheme
Kwara State government has partnered with Asteven Energy Group through its Renewable Energy Academy (REA) to develop technical capacity for the state’s energy ministry staff. This is even as the State has become the toast of the African Energy Industry…
Agbami Parties Donate Model Classrooms to Delta State Government
Star Deepwater Petroleum Limited, a Chevron Company and the operator of the Agbami field, together with the parties in the Agbami field – Nigerian National Petroleum Corporation (NNPC), Famfa Oil Limited, Equinor Nigeria Energy Company Limited, and Prime 127 Nigeria…
MAN cries out as fuel marketers raise diesel price to N265 per litre
The leadership of the Manufacturers Association of Nigeria (MAN) has kicked against the observed hike in the price of the deregulated Automotive Gas Oil, also known as diesel, to a new high of N265 per litre. However, Business Hilights gathered…
Zungeru hydro power station ready for concesssioning, others on the line
As part of meeting up the target of raising about N2tn from sale and concession of moribund national assets, the Bureau of Public Enterprises (BPE) is set to concession the 700 megawatts (MW) Zungeru hydro power station by the end…
Sanwo-Olu hails Dangote, excited over Refinery, Fertiliser plants Progress
Lagos State governor, Babajide Sanwo-Olu, has commended the Dangote Group for situating the biggest investment in the country in Lagos State, and for the positive development which the Dangote Oil Refinery and Dangote Fertiliser Complex would bring to Lagos and…
Duport Modular Refinery in Edo coming on stream year end—NCDMB
Barring last minute hitch, the 2500 barrels per modular refinery being established at Egbokor, Edo State by Duport Midstream Company Limited in partnership with the Nigerian Content Development and Monitoring Board, NCDMB, will be ready for commissioning in the last…
FG watering down fuel crisis with $1.5bn PH refinery rehabilitation approval?
Strong indication emerged Wednesday pointing to the fact that the Federal Executive Council (FEC) has officially reacting to the ongoing nationwide confusion on fuel pump price with the approved $1.5 billion for the rehabilitation of the largest refining company in…
Chevron on to global criticisms over misleading consumers on climate action
Leading global oil and gas brand, Chevron is under scrutiny over concerns that it consistently misrepresents its image across social media, television and other marketing avenues to appear climate-friendly and racial justice-oriented, while its business operations overwhelmingly rely on climate-polluting…
