Archives for ENERGY - Page 66
Third Mainland Bridge Is Safe — Ministry
The Federal Ministry of Power, Works and Housing, on Sunday said that the Third Mainland Bridge in Lagos was safe for use, contrary to a Facebook posting spreading…
Nigeria’s oil exports threatened as Aiteo declares force majeure
The nation’s crude oil exports have suffered a setback as Aiteo Eastern Exploration and Production Company Limited declared force majeure on Nembe Creek Trunk Line following a…
Nigeria produced 2.019m barrels of crude oil per day in 2018—NNPC
The Nigerian National Petroleum Corporation (NNPC) says that the national average daily crude oil production stood at about million barrels in 2018. The NNPC Group Managing Director,…
No Plan To Remove Fuel Subsidy Now — FG
The Federal Government has again clarified its stance on the removal of fuel subsidy, saying it had no plan to do so in the immediate future.…
Fuel Subsidy : NUPENG, PENGASSAN Kick Against IMFs Admonition
Workers in the oil and gas sector on Sunday advised President Muhammadu Buhari to shun any counsel that would destabilise or cause chaos in the economy. The…
Kachikwu Assures Nigerians of Sufficient Fuel
The Minister of State for Petroleum Resources, Dr Ibe Kachikwu on Sunday assured Nigerians that there is sufficient Premium Motor Spirit (PMS), also known as fuel…
800 Companies Bid For 176 Gas Flare Sites — Kachikwu
No fewer than 800 companies have bidded for management of 176 gas flare sites in the country, the Minister of State for Petroleum Resources, Dr Ibe…
Fuel Price Increase: Sanction Depot Owners Selling Petrol Above Ex-depot Price, IPMAN Urges DPR
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on Department of Petroleum Resources (DPR) to sanction depot owners selling petrol above ex-depot price of…
Shell Leads IOCs in Local Content- NCDMB
The Nigerian Content Development and Monitoring Board (NCDMB) on Sunday recognized Shell as the most impactful International Oil Corporation (IOC) on Local Content Initiatives in the…
Dangote refinery’ll improve Nigeria’s trade balance by $2bn yearly –IMF
The International Monetary Fund has said the crude oil refinery being built by Dangote Industries Limited will improve the trade balance by $2bn per year after coming…
