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Author: Lucy Morgan

Pan Ocean to unveil 160,000 bopd alternate oil export pipeline

Pan Ocean to unveil 160,000 bopd alternate oil export pipeline

Pan Ocean Oil Corporation, operator of the Nigerian National Petroleum Corporation (NNPC) Pan Ocean Joint Venture is set to unveil the 67-kilometre 160,000 barrels of oil per day Amukpe-Escravos Pipeline Project (AEPP) in Delta State. The unveiling, which is scheduled to come on stream before the end of the second quarter of 2019, will further… READ MORE

Dangote Refinery awards $368m contracts to indigenous firms

Dangote Refinery awards $368m contracts to indigenous firms

Dangote Refinery and Petrochemical has so far awarded $368 million worth of contracts to 120 local contractors as part of its contribution to Nigeria’s content development initiative. Group Executive Director, Strategy, Portfolio Development and Capital Projects, Dangote Industries Limited, Mr. Devakumar Edwin, made this disclosure during the tour of Dangote Refinery by members of Nigerian… READ MORE

Promoting entrepreneurship education in Nigeria for job growth

Promoting entrepreneurship education in Nigeria for job growth

The rate of unemployment – including graduate unemployment – in Nigeria is alarming. While the unemployment rate across the entire working population was 23.1%, according to the National Bureau of Statistics (NBS), the jobless rate among Nigerians between the ages of 15-34 was 29.7% in the third quarter of 2018. Apart from a weak economy… READ MORE

FG to release new gas pricing template May 29

FG to release new gas pricing template May 29

The Federal Government will release a new gas pricing template before May 29, to address what it describes as ‘unreasonable tariffs’ imposed by gas distributors on natural gas used by commercial consumers in the manufacturing sector. The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, during an interactive session on National Gas Policy and… READ MORE

Buhari woos Qatar over investments in refineries, power and economy

Buhari woos Qatar over investments in refineries, power and economy

President Muhammadu Buhari has asked Qatar to invest in Nigeria’s refineries, power, economy and other sectors as he attempts to improve bilateral relations between both countries. The President played host to the Emir of Qatar, His Highness Sheikh Tamim bin Hamad Al-Thani, at State House, Abuja, on Tuesday. In a statement by the Special Adviser… READ MORE

4,000 Ariaria Shops now set to enjoy constant electricity

4,000 Ariaria Shops now set to enjoy constant electricity

The Rural Electrification Agency (REA) has disclosed that out of the 37,000 shops located within the busy Ariaria International Market in Aba, Abia State, 4,000 have been connected to clean, affordable and stable electricity generated from a 9.5 megawatts (MW) gas-based power plant built under its Energising Economies Initiative (EEI) by a private investor. It… READ MORE

NNPC to unveil largest cooking gas facility in Benin

NNPC to unveil largest cooking gas facility in Benin

The Nigerian National Petroleum Corporation (NNPC) is to open a liquefied petroleum gas (LPG) storage and dispensing facility in Benin City, Edo State. The facility, developed in partnership with its upstream exploration and production subsidiary, the Nigerian Petroleum Development Company Limited (NPDC), is part of efforts to fast track the consumption LPG, popularly called cooking… READ MORE