Archives for ENERGY - Page 69
NNPC Is A Mafia Organization , I’ll Privatize It – Atiku
The presidential candidate of the Peoples Democratic Party, Atiku Abubakar, said on Wednesday that he would privatise the Nigerian National Petroleum Corporation if elected, describing the state-owned oil…
Cabotage: NCDMB Develops Five-year Vessel Demand Profile For Oil, Gas Operations
The Nigerian Content Development and Monitoring Board (NCDMB) in partnership with key stakeholders have developed a five-year vessel demand profile for oil and gas operations in the…
Nigeria Loses Over N244.8bn to breaches in Forcados pipeline – NNPC
The Nigerian National Petroleum Corporation said on Tuesday that over $800m () had been lost to breaches in the Trans Forcados Pipeline, one of the nation’s key…
Subsidy Debt: Pay Us Now Or Face Industrial Action in 7 Day, Oil Marketers Tells FG
Oil marketers have issued a seven-day ultimatum to the Federal Government for the payment of all outstanding subsidy debts, including foreign exchange differentials and interest rate…
Shell contributed N338.12bn to NDDC since 2002’
The General Manager, External Relations, Shell Petroleum Development Company of Nigeria Limited, Igo Weli, has said Shell companies alone contributed to the Niger Delta Development Commission between…
Subsidy Debt Payment Delay Worries Oil Marketers
By Ngozi Onyeakusi -- The Major Oil Marketers Association of Nigeria and the Depot and Petroleum Products Marketers Association of Nigeria have expressed worry over the delay in…
FG, Investors Negotiate Fresh Terms on Sale of Power Stations
As the federal government resumes privatisation of some national assets, THISDAY learnt at the weekend that negotiation of fresh terms has begun with preferred bidders of three…
NNPC Seeks Increase Of Retail Outlets
The Nigerian National Petroleum Corporation (NNPC) says it is set to increase its 14 per cent market share in the nation’s downstream petroleum retail market. The Group…
Refineries’ upgrade suffers delay, NNPC records N68bn loss
The proposed rehabilitation of the nation’s ailing refineries has suffered delays as the third-party financiers for the project have yet to be announced, more than a year after…
FG Targets 9,000Mw Power Generation Level In 54 Days
The Federal Government on Tuesday said it was doing everything possible to increase the nation’s power generation level by 2,000 megawatts from the current 7,000mw to 9,000 megawatts…
