‘Foreign investors’ on heavy machineries can’t survive on weekly power collapse’
Experts in development economics have given fresh reason why several roadshows and international campaigns by the Federal and State governments cannot convince deep pocket investors who rely on use of heavy machineries to do their business. In an interview with…
NLNG allays fears of cooking gas scarcity in Lagos, saturates metropolis
The observed rising scarcity of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, in Lagos which last week led to an increase in the retail price of the commodity, has been dispelled following the huge supplies of the product…
NLNG to appear before Senate for local content details on $10bn Train 7 scheme
Once the Final Investment Decision (FID) on the Train 7 Project of the Nigeria LNG Limited is taken, the Nigerian Senate will invite the Managing Director, Mr. Tony Attah to provide details on the local content compliance. This was the…
Ghana begins review of GNPC’s mandate to end unnecessary diversion
Due to observed involvements in irrelevant projects and expenditure that have nothing to do with control and regulatory roles in Ghana oil and gas industry, moves are on to review the establishment Act of the Ghana National Petroleum Corporation (GNPC)….
Still waiting for report on commercial viability of new found oil
…As FG begins hydrocarbon survey in Bida Basin Whereas Nigerians have continued to wait on the Nigerian National Petroleum Corporation (NNPC) to release the results of its research on the commercial viability of new found oil reserves in Gongola Basin…
Delivery of gas directly from B’Island to PH game changer in LPG market—Attah
The Chief Executive Officer of Nigerian Liquefied Natural Gas Limited (NLNG), Mr Tony Attah has viewed the latest feat of the group, the delivery of its maiden domestic liquefied petroleum gas cargo from Bonny to Stockgap gas terminal in Port…
Time up for 8 Nigerian Discos as licence revocation hammer dangles
Exactly one month today, December 7, 2019, it is either all the Electricity Distribution Companies (Discos) had shaped in or on their various way out as the sledge hammer of the Federal Government started dangling from last month following the…
Safety in Bayelsa State helped us attract investing expatriates— Azikel Refinery boss
Fresh insights on the key facts behind the feat of the emerging 12,000bpd refinery in Bayelsa State have been revealed by the President of Azikel Petroleum, owners of Azikel Modular Refinery, Dr. Eruani Azibapu. In an interview, he said “It…
Can FG wrestle self out from fuel import cabal to fix refineries, get new ones?
Whereas the Group Managing Director, Nigerian National Petroleum Corporation (NNPC) in Lekki during a tour of the Dangote Refinery, Mele Kyari, said the Corporation is in the process of establishing two new 200,000bpd condensate refineries to boost in-country refining capacity,…
Dangote’s remark that ‘We would sell products at import price’ a wakeup call—Experts
More development economists have continued to review the meaning of the recent comments by the Group Executive Director, Strategy, Capital Projects and Portfolio Development, Mr Devakumar Edwin, during the first official visit by the new Minister of State for Petroleum…
