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Energy
Senate approves harmonised PIB bill, 3% allocation for host communities
Senators in upper legislative chamber of the National Assembly have passed the conference report of the National Assembly on the Petroleum Industry Bill (PIB) and also approved three per cent allocation for contributions to the host…
How Kyari sustain transparency, others within 2yrs in NNPC
The Nigerian National Petroleum Corporation (NNPC) General Managing Director (GMD) Kyari, has disclosed that the corporation has been able to scale up to level transparency and used the opportunity to maximize development and innovations…
Nigeria, US firms partner on high-density pipes production, others
As part of the effort to create more job opportunities, a Nigerian firm, Quantum Strategies, and Energy Solutions (QSES), has signed an exclusive sales agreement with a United States (U.S) firm, ISCO Industries, to provide High-Density…
DPR seals 30 filling stations, gas plants in Akwa Ibom
The Department of Petroleum Resources has sealed 30 filling stations and eight liquefied Petroleum Gas outlets for various offences, including contravening safety procedures put in place in Akwa Ibom.
It explained that the filling…
NNPC, partners to generate $760m through gas supply, others
The Nigerian National Petroleum Corporation (NNPC) has disclosed that it would, alongside its partners in the Oil Mining Lease (OML 130) Production Sharing Agreements (PSA) and Production Sharing Contract (PSC) generate over $760m from…
LASG, IT firms set up 700-capacity hub for tech startups
The Lagos State Government, an enterprise technology company, Versecom, and an independent mobile telecommunications infrastructure provider, IHS Nigeria, have joined forces to set up a 700 capacity hub and laboratory for technology-based…
FG justifies 20% equity stake in Dangote, other private refineries
The Minister of State for Petroleum Resources, Timipre Sylva, has clarified that the Federal Government's decision to acquire 20 per cent equity stake in all private refineries was to guarantee energy security and stability in the country.…
JUST IN: NASS okays Petroleum Industry bill after 20yrs delay
After 20 years of deliberations, the Senate and House of Representatives have passed the much-awaited Petroleum Industry Bill (PIB) into law following a thorough consideration of the over 300 provisions in the bill presented before the…
Buhari sets completion target for NLNG Train 7 project
President Muhammadu Buhari has charged stakeholders and contractors involved in the Nigeria Liquefied Natural Gas (NLNG) Train 7 to fast track its completion process and delivers on schedule such that would allow the commencement of Train 8…
FG signs N10.5b Niger Delta petroleum terminal project, targets 5,000 jobs
At least 5000 youths from Niger Delta should be expecting direct jobs from N10.5 billion petroleum terminal projects, which was signed between federal governments through the Nigerian National Petroleum Corporation (NNPC), the Nigerian…