Energy Archives — Page 30 of 58

April 1, 2020 No Responses

COVID-19: Ikeja Electric Suspends Disconnection For Non-Paying Customers

Non-Paying customers within Ikeja Electric Plc franchise network will not be disconnected during the two-week stay-at-home period enforced by the government to curb the spread of COVID-19.According to the Disco, the decision to suspend all disconnection activities was taken to...

April 1, 2020 No Responses

Nigeria Reduces Fuel Price To N123.50 Per Litre

The Petroleum Products Pricing Regulatory Agency (PPPRA) has announced further reduction of the pump price of Premium Motor Spirit (PMS) also known as petrol from N125 to N123.50k per litre. The agency made the announcement on Tuesday in a statement...

March 31, 2020 No Responses

Lockdown: DPR Warns Against Hoarding

The Department of Petroleum Resources (DPR) on Tuesday urged oil marketers to ensure distribution of petroleum products even with the stay at home order meant to check Coronavirus spread in the country.The DPR Abuja Zonal Director, Mr Buba Abubakar, gave...

March 29, 2020 No Responses

NNPC Assures Nigerians Of Steady Fuel Supply

The Nigerian National Petroleum Corporation (NNPC) has assured Nigerians of adequate fuel supply following implementation of sit-at-home order in some states to contain the spread of the COVID-19. Mr Mele Kyari, Group Managing Director, NNPC, who g...

March 18, 2020 No Responses

NNPC To Professionals: Find Solutions To Oil Industry Challenges

The Nigerian National Petroleum Corporation (NNPC) has challenged professionals in the Nigerian Petroleum sector to come up with solutions to tackle current challenges facing the industry.The Group Managing Director of NNPC, Mallam Mele Kyari, gave the charge ...

March 18, 2020 No Responses

Nigeria Reviews Oil And Gas Free Zones Authority Act

The Nigerian Government on Tuesday in Abuja commenced review of the Act establishing Oil and Gas Free Zones Authority (OGFZA). According to the Government, the review is to remove ambiguities and enhance effectiveness in the sector. The Minister of Industry,.....

March 11, 2020 No Responses

Nigeria To Reduce Cost Of Crude Oil Production

The Nigerian National Petroleum Corporation (NNPC) has expressed its readiness to strategically put in place measures that would alleviate the cost of crude oil production in Nigeria to create market for Nigeria’s crude and make Nigeria a choice destination ...

March 3, 2020 No Responses

DPR Seals Seven Cooking Gas Plants

The Department of Petroleum Resources (DPR) on Tuesday intensified efforts to curtail incidence of gas explosion in Lagos State with the closure of seven Liquefied Petroleum Gas (LPG) plants.The oil and gas industry regulator said the affected LPG (cooking gas...

February 19, 2020 No Responses

Nigeria Loses $750m To Oil Theft In 2019

Nigeria lost about 750 million dollars to oil theft in 2019, the Nigerian National Petroleum Corporation (NNPC), said on Tuesday .The NNPC Group Managing Director, Malam Mele Kyari, disclosed this in a statement signed by the Acting spokesman for the...

February 14, 2020 No Responses

NNPC Recruits 1,050 Graduate Trainees

The Nigerian National Petroleum Corporation (NNPC) has announced the recruitment of 1,050 Graduate Trainees, signaling the successful completion of its 2019/2020 employment exercise.A statement from the corporation’s Acting Group General Manager, Group Publi...

February 11, 2020 No Responses

NLNG Train 7: Nigerians To Handle 55% Of Procurement

Nigerian vendors are to handle 55 per cent of all procurement for the execution of Train 7 project, the Managing Director, Nigerian Liquefied Natural Gas (NLNG), Mr Tony Attah, has said. Speaking at the ongoing 3rd Nigeria International Petroleum Summit....

February 5, 2020 No Responses

China’s Oil Demand Drops

The rippling effect of the spread of the coronavirus is being felt across the shipping markets, the tanker and cruise sectors being at the front line.The impact of the virus outbreak is already being felt on oil markets as China,...

January 31, 2020 No Responses

DPR Automates Downstream Operations

The Department of Petroleum Resources (DPR) has launched its digitization initiative for Downstream operations under the ‘AUTOMATED DOWNSTREAM SYSTEM’ (ADS) program.The digitization initiative is designed to improve overall efficiency and accelerat...

January 30, 2020 No Responses

Refineries: Senate Probes NNPC Over $396m Spent On Maintenance

The Senate on Thursday resolved to probe the Nigerian National Petroleum Corporation (NNPC) over the sum of $396 million expended on Turn-Around Maintenance of refineries in the country between 2013 and 2015.Accordingly, the Upper Chamber mandated the Committe...