(Special Report) The rise and rise of Nestoil Group in energy sector, others
In the last couple of years when several oil and gas firms are complaining of hardship and lull in the industry, the Anambra state born billionaire, businessman, and chairman of Nestoil, Dr. Ernest Obi Jackson, has been towering from strength…
Nestoil invents anti-theft technology in oil, pipeline vandalism
The incessant activities of oil thieves and pipeline vandals have forced indigenous oil and gas group, Neconde Energy Limited (Nestoil) to come up with innovative Alternative Evacuation Technology (AET). Giving an insight on the brain behind the AET, the Chief…
Explain why Egina FPSO is more expensive than others worldwide, Senate tells Total
A fresh twist is engulfing the recently completed $16bn Egina floating, production, storage and offloading (FPSO) by Total Upstream Nigeria Limited. In a memo obtained by Business Hilights Abuja Bureau chief, the Senate Committee on Local Content is seeking to…
