By Oke Peter The Nigerian Electricity Regulatory Commission (NERC) has said the tariff payable by electricity consumers may increase by 61.5 per cent anytime soon, adding that it is awaiting a final approval from the Federal government before implementation begins at the new rate. NERC explained that the actual tariff for one kilowatt-hour of power…
By Oke Peter The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has described the commencement of operations of the newly constructed ultra-modern mega station of NNPC Retail Limited located along Lagos-Ibadan expressway, as part of the strategies to ensuring energy security in the country. Reviewing the giant strides of NNPC Retail…
By Oke Peter ExxonMobil Chemical Company has announced today that it has commenced production on the first of two new 650,000 tons-per-year high-performance polyethylene lines at its plastics plant in Mont Belvieu, Texas. The full project, part of the company’s multi-billion dollar expansion project in the Baytown area and ExxonMobil’s broader Growing the Gulf expansion initiative,…
