‘BPE’s stand on Discos makes it accomplice in their poor performances’
Industry experts have picked deep holes in what they describe as the strange of the Bureau of Public Enterprises (BPE) in opposing the reversal of the privatisation of the country’s power sector. Before now, every stakeholder in Nigeria’s power project…
Discos’ poor installations, constructions behind rising consumers’ electrocution
The true cause of momentary electrocution of Nigerian electricity consumers’ have been identified and stringent measures and regulation introduced by the Federal Government to tame the scourge going forward. Otherwise, the Federal Government is officially considering the prosecution of power…
Chevron bags double awards at 2020 NIPS Oil/Gas Industry Dinner & Awards
Leading International Oil Company (IOC), Chevron Nigeria Limited (CNL), operator of the NNPC/CNL Joint Venture, was again, recognized for its outstanding performance in the Nigerian oil and gas industry. The company was presented with two awards during the Industry dinner…
NNPC at NIPS, says ‘Our refineries must come back,’ silent on how
For anxious Nigerians and industry stakeholders attending the ongoing 3rd Nigeria International Petroleum Summit (NIPS) in Abuja, it was total confusion when the Group Managing Director, the Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari said ‘Our refineries must come…
Derefaka explains launch of the National Gas Transportation Network Code
Technical Adviser (TA) to the Minister of State, Petroleum Resources on Gas Business & Policy Implementation, Mr Justice Derefaka has provided additional insights to the launch of the National Gas Transportation Network Code on Monday, saying the scheme remains key…
GTBank Oil outlook 2020 shows how MPR would raise N4.45tn for national budget
More facts smoked out from the GTBank’s Oil Outlook 2020, have shown that of the 2020 targeted spend of N10.59 trillion, the Ministry of Petroleum Resources (MPR) will contribute circa N4.45 trillion. Commenting under the title; ‘The Ministry of Petroleum…
All set for launch of National Gas Transportation Network Code by FG today
After years of strategic planning, the Federal Ministry of Petroleum Resources (FMPR) will today, Monday, February 10, 2020, formally launch the National Gas Transportation Network Code (NGTNC). The unveiling, Business Hilights gathered, would form key part of the opening ceremony…
DPR plans new minimum safety certification for downstream gas vendors
Worried by the endless gas explosion and accidents in parts of the country involving downstream operators, who do business in unsafe outlets, the Department of Petroleum Resources (DPR), is currently structuring what it described as Minimum Industry Safety Training for…
Untimely, inappropriate privatization root of Nigeria energy crisis—Expert
Former Chairman of the Nigerian Electricity Regulatory Commission (NERC), Dr Sam Amadi has opened up on the exact root cause of the endless crisis rocking the nation’s electricity sector, saying “We are offering band aid to a mortally sick patient.”…
Why Sylva led Nigeria’s investment meetings in the US
More facts have emerged on the team of Nigerian top government officials at the US-Nigeria Binational Commission Meeting held in Washington DC earlier this week. It was that gathered that the Minister of State for Petroleum Resources, Chief Timipre Sylva…
