Jumping Cooking gas price rubbishes FG campaign on usage
Strong indications are beginning to suggest that Nigerians are losing courage in switching from kerosene and fuelwood based cooking methods to gas following rising cost of filling all grades of cylinders. Currently, the price of Liquefied Petroleum Gas, popularly known…
How Oredo gas scheme will pump N2.8tr to Nigeria’s 2021 budget, beyond
All things being equal, fact check shows that not less than N2.8 trillion-revenue is expected from a new 200 million cubic feet gas project being promoted by the Nigerian Petroleum Development Company (NPDC), a subsidiary of the Nigerian National Petroleum…
GE takes stand on Climate Change: Calls for faster user of Renewables, Gas Power
Whitepaper on energy transition builds on GE’s commitment to carbon neutrality in its operations by 2030 and announced intention to exit the new-build coal power market [1]; renewables supported by gas-fired power and ongoing coal-to-gas conversion most impactful way to…
Gas shortage, poor load demand by Discos push generation further lower
Whereas a total of 10,106.8 megawatts of electricity remained unmoved to needed users across the country last week, gas shortage and low or selective demand by Discos have been fingered. Business Hilights gathered that power plants connected to the national…
Total celebrates 50 years of turbine lubrication
Leading global brand in oil and gas industry, Total Tuesday began the celebration of its lubrifiants which it said remains a memorable milestone paving the way for the future: the 50th anniversary of TOTAL PRESLIA, its range of turbine oils….
Hopes of reviving refineries fade as FG begins fuel import from China
Contrary to claims by the Nigerian National Petroleum Corporation (NNPC) that fuel imports will end by early 2021, the country has resumed importation of petrol from China, the world’s top crude oil importer. According to data from the General Administration…
Rick Kennedy replaces Ewing as Chairman, MD of Chevron Nigeria Limited
Chevron Nigeria Limited (CNL), operator of the joint venture between the Nigerian National Petroleum Corporation (NNPC) and CNL (the NNPC/CNL JV), has announced the appointment of Mr. Richard (Rick) Kennedy to the position of Chairman and Managing Director, effective November…
Siemens Energy Week reveals 10 keys for Successful Energy Transformation
Siemens Energy has published the main priorities to enable facilitate a successful long-term energy transition and enable countries to thrive in the lower-carbon world. These findings were based on the discussions held during the MEA Energy Week. The virtual conference,…
Stakeholders seek partnership to build Post COVID-19 strong Oil & Gas Industry
Oil and Gas industry experts have highlighted collaboration and innovation as the fundamental tools required to the address the impacts of COVID-19 on the sector. This was made known at the oil and gas webinar organised by The Nigerian Stock…
Chevron, Global Fund celebrate 12 years of Partnership to fight HIV/AIDS, Malaria and TB
The Chairman and Managing Director, Chevron Nigeria Limited, Jeff Ewing, has lauded the 12-year partnership between Chevron and the Global Fund in the fight against infectious diseases – HIV/AIDS, tuberculosis (TB) and malaria – and building of resilient health systems…
