NNPC seeks investors to operate, maintain refineries
The Nigerian National Petroleum Corporation (NNPC) is soliciting expression of interest (EOI) from companies qualified to operate and maintain three state-owned oil refineries.
Tag: Timipre Sylva
Read More
Cautious optimism as contractor takes over PH refinery for $1.5bn rehab
Stakeholders in the energy industry, on Thursday, called for cautious optimism and a public policy document as the Nigerian National Petroleum Corporation (NNPC) in Port Harcourt handed over the Port Harcourt Refinery to Tecnimont SPA for the commencement of the $1.5 billion rehabilitation project.
FG urges Nigerians to disregard N212.61 per litre new petrol price
While speaking at the groundbreaking for the Rungas composite cylinder manufacturing plant in Alaro City Free Zone, Epe, the Minister of State for Petroleum Resources, Mr Timipre Sylva, urged Nigerians to disregard the increase, explaining that it was a mix-up.
Buhari commissions 5,000bpd Waltersmith modular refinery in Imo
President Muhammadu Buhari on Tuesday commissioned a 5,000-barrel per day Waltersmith modular refinery in Imo State, saying the advent of such refineries in the country will aid the availability of petroleum products and eliminate importation.
Unlock Nigeria’s gas potential for economic development —Dangote urges FG
“But, our focus at Dangote is how to add value to the natural gas. After all, this Liquefied Natural Gas (LNG) that is being imported by various countries is used as fixed stock. They use this natural gas to generate power, fuel and as feedstock. The value-added products are thereby exported to Nigeria.
Filling stations’ll dispense gas in vehicles from September, says FG
Documents obtained from the Federal Ministry of Petroleum Resources in Abuja on Friday stated that the Committee on National Gas Expansion Programme had been assigned to ensure the effective implementation and take off of this initiative.
Petroleum ministry vehicles to run on autogas, says Sylva
It was gathered on Tuesday that the Minister of State for Petroleum Resources, Chief Timipre Sylva, who gave the directive in Abuja, had already submitted all his vehicles to be converted to run on gas, as opposed to petrol.
NCDMB tower to attract investors to Nigeria —Experts
Project 100, conceived in 2017, is an initiative of the Ministry of Petroleum Resources and the NCDMB to identify 100 Nigerian oil and gas service providers and support them through special interventions to facilitate their incubation, maturation and growth into world class service companies.
NNPC spends N10bn on comatose refineries in April
“We have a situation now of a refinery that has not functioned for three years, yet it’s paying salaries. Every staff is being paid. We have carried on paying salaries. Nobody can sack anybody.
No going back on petrol subsidy removal, says Sylva
According to him, deregulation means that the government will no longer continue to be the main supplier of petroleum products but will encourage the private sector to take over the role of supplier of the products.