NNPC Ltd faces financial strain due to PMS supply costs, impacting supply sustainability
We are actively collaborating with relevant government agencies and other stakeholders to maintain a consistent supply of petroleum products nationwide.
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NNPC to hand over Warri, Kaduna refineries to private operators
The NNPC, in a notice on its website, said this was to ensure reliability and sustainability to meet the nation’s fuel supply and energy security obligations.
Nigerian Govt vows to honour $5b African Energy Bank host country agreement
Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri has pledged that Nigeria would honour the host country agreement for the $5billion African Energy Bank. The African Petroleum Producers Organization (APPO) asked the federal government of Nigeria to honour the host countries’ agreement with the bank. Nigeria won the hosting right for the $5billion…
FG unveils integrated electricity policy
The event, according to the government, marks a critical juncture in the nation’s journey toward achieving a robust, sustainable, and inclusive power sector that meets the aspirations of all Nigerians.
FG, states raise N100bn for prepaid meter procurement
The mandate we have was to procure and install a minimum of two million meters on a yearly basis over the next five years.
Dangote Refinery awesome, mind-blowing, say engineers, as company prepares for PMS rollout
Margaret Oguntala described the facility as “mind-blowing”. She added that the refinery project from construction to employment, gives her hope and assurance that young Nigerian engineers are ready to take up the world.
Allianz Risk Barometer 2024 highlights key risks in the renewable energy sector
Collaborative efforts between governments and private entities can foster innovation and accelerate the transition to a low-carbon economy.
AFC supports Africa’s largest Methanol Plant, transforming flared gas into valuable resources
The venture is led by Blackrose, a project development and investment firm, and co-developed with the International Finance Corporation (IFC), the private sector arm of the World Bank Group, which are co-financing alongside AFC.
NNPC has no funds to fix old pipelines, says FG
The reason why pipeline vandalism is very easy to do is because the pipelines have all expired they completely corroded and so, anybody can just go and tap it and the thing is busted.
Group warns Ogoni youths against threats to disrupt Shell-operated Trans Niger Pipeline
I want to call on our youths to desist from issuing threats as a means of achieving their goals. If there are issues, we should explore all peaceful means to dialogue and get things resolved.