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…
Discos’ achieving revenue targets on estimated billing killing MAP scheme
Contrary to the mindset created by electricity Distribution Companies (Discos) that paucity of fund is derailing speed in the delivery of prepaid meters to Nigerian electricity consumers’ across the nation, an expert has disclosed that setting and achieving of revenue…
Dangote Refinery to save Nigeria’s $10bn annual petroleum products imports—Minister
Ahead of 2023 new deadline for end of refined petroleum imports given recently by the GMD of NNPC, Mr Mele Kyari, the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, Sunday disclosed in Lagos that “We are very…
‘African new oil, gas discoveries may be derailed by cost of new drilling technologies’
Whereas 2019 may be described as Africa’s year of new finds in both gas and oil deposits in commercial quantities, however, the observed high cost of latest exploration technologies may be a big minus in efforts to tap the resources…
