Mele Kyari

Why we shut down refineries – NNPC

The Nigerian National Petroleum Corporation has said it shut down the country's refineries despite maintenance carried out because crude could not be supplied to...

OPEC wants $12.6trn investments to revamp oil industry

The Organisation of Petroleum Exporting Countries (OPEC) has disclosed that the global oil industry will require about $12.6 trillion investments in the downstream, midstream...
Waltersmith modular refinery

Buhari unveils Nigeria’s biggest modular refinery

President Muhammadu Buhari Tuesday said the establishment of modular refineries in the country will make petroleum products available in the country and eliminate importation. The...

Techno terminal pushes Nigeria’s LPG storage capacity to 69,698MT – Sylva

BY EMEKA EJERE The construction of a new terminal by Techno Oil Limited has pushed the Liquefied Petroleum Gas (LPG), storage capacity in the country...

Transcorp, Efora Energy settle legal disputes on Oil Prospecting licence

Adebayo Obajemu Transnational Corporation of Nigeria Plc  has announced that it has entered into an agreement with Sacoil Holdings Limited (now Efora Energy Limited) to...

PIB bringing more gas-to-power infrastructure coming – Omo-Agege

BY EMEKA EJERE Going by the provisions contained in the Petroleum Industry Bill (PIB), more gas infrastructure required for power generation would be constructed in...
Mele Kyari

Era of $30 per barrel of oil no longer exist – Kyari warns

OBINNA EZUGWU The Group Managing Director of Nigeria National Petroleum Corporation (NNPC), Mallam Mele Kyari, has noted that given the reality of Coronavirus and today's...
Calabar power plant

FG to sell power plants in Calabar, Geregu, Omotosho for N434bn

FG to sell power plants in Calabar, Geregu, Omotosho for N434bn Nigeria's federal government has said it plans to sell power plants in Calabar, Geregu...
25 km gas pipeline in Aba

Nigeria’s natural gas production rises to 47bscm

Adebayo Obajemu Statistics from the Organization of the Petroleum Exporting Countries, OPEC, have shown that Nigeria grew its natural gas production to 47 billion standard...
Niger Insurance House

Niger Insurance Plc shareholders vote for business restructuring

BY EMEKA EJERE The shareholders of Niger Insurance Plc have given the company their approval to restructure its insurance business into general, life...