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WACT raises CSR, donates teachers’ quarters, waste disposal skips to Rivers towns

Leading maritime investor, West Africa Container Terminal (WACT), Onne Port, Rivers State, recently stepped up delivery of Corporate Social Responsibility (CSR) with the construction and donation of 10 units self contain apartments for use as Teachers Quarters to Ogu Town…

Renewables, natural gas a perfect pair for reliable flow of power in future—Minister

The Minister of State for Petroleum Resources, Chief Timipre Sylva, has revealed that the best pair of power sources that will drive developments in the near future remains renewable sources and natural gas. Speaking in his Ministerial Address at the…

10,000 jobs, revenue haul for FG expected from NLNG Train 7— NCDMB boss

Nigeria stands to gain a lot as soon as the upcoming Nigerian Liquefied Natural Gas (NLNG) Train 7 is activated by the highly expected Final Investment Decision (FID). This was the position of the Executive Secretary, Nigeria Content Development and…

FID on Train 7 project just days away— NLNG boss, Attah

The management of the Nigerian Liquefied Natural Gas (NLNG) has told Nigerians and industry stakeholders’ that all is getting set for the Final Investment Decision (FID) on its capacity expansion project, the Train 7 project. Speaking at the ongoing 9th…

New power policy rendering Discos technically useless in power value chain?

The newly unveiled electricity distribution policy, called ‘willing seller, willing buyer’ have continued to generate confusion as to the place of Discos in the emerging new value chain of electricity delivery from generation to end users. In a statement issued…

Market access, cooperation keys to unlocking Africa’s energy sector—AEC

The African Energy Chamber (AEC) has averred that Africa’s energy sector is a catalyst for growth and development across the continent, saying “Industry and investors need to stay abreast of the high-speed advances in the energy landscape in the continent.”…

5000bpd Waltersmith modular refinery comes on stream July 2020— NCDMB

…Unveils completed 17-storey office complex in Yenagoa Strong indications have emerged showing that by 2020, Nigeria’s crude oil refining capacity may be tripled as a number of refineries would be completed for operations before the end of the year. This…

‘Integrating Eland’s producing assets, operations into Seplat’s portfolio’ll be seamless’

The management of Seplat Petroleum Development Company Plc, has assured seamless integration of assets and operations of its new bride, Eland Oil and Gas Plc. Seplat said in a terse statement made available to our correspondent that “As a leading…

Dangote Refinery’s key crude oil processor arrives after 8 weeks of sail from China

Confidence of early delivery of the multibillion dollar Dangote Petroleum Refinery and Petrochemicals Company was on Sunday boosted with the arrival of the crude oil processor from China after eight months of sail. Business Hilights gathered that it took Chinese…

FG lists efforts at driving LPG production, affordability, accessibility

Federal Government of Nigeria has given details on its efforts at deepening the local production, affordability and accessibility in the country. Speaking in an exclusive interview with Business Hilights at the just concluded two-day summit of Nigeria Liquefied Petroleum Gas…