The Tesla Model 3 is Green Car Reports’ Best Car To Buy 2019. It’s the second time a Tesla product has won our annual award, which was captured by the Tesla Model S in 2013. Many have called the Model 3 Tesla’s “iPhone moment.” But that was the Model S—the shock to an auto industry that had dismissed its… READ MORE
At 42,Airport Road,Ikeja Nigeria.
The nigeria Liquified Natural Gas (NLNG) has identified railway as a viable option to achieve deeper distribution of Liquified Petroleum Gas (LPG) and boost its local consumption. Specifically, it says Port Harcourt offers such opportunity for the expansion of the LPG distribution market to the East and the North via the railway network, adding, however,… READ MORE
Nigeria’s oil production and 2017 budget implementation could be hampered by the lull in global oil market, as crude price dropped to around $40 per barrel. Global benchmark crude, Brent, has remained below $47 per barrel this week, while OPEC daily basket price stood at $43.14 a barrel on Wednesday. Nigerian crude grades are under… READ MORE
REN-operated Sines LNG import terminal in Portugal is to receive a new cargo of the chilled fuel from Nigeria, LNG World News reports. The cargo will be delivered from Nigeria LNG’s Bonny Island liquefaction plant onboard the LNG Borno liquefied natural gas carrier. Shipping data from the port of Sines shows that the LNG carrier… READ MORE
Benjamin Rotimi, the Vice-Chairman, South-West Chapter of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), on Wednesday commended the Federal Government on the proposed second refinery in the Northern part of the country, Premium Times reports. On April 22, Ibe Kachikwu, Minister of State for Petroleum Resources, told journalists in Bauchi State that… READ MORE
Nigeria LNG Limited (NLNG), has revealed that it plans to boost production of Liquefied Petroleum Gas (LPG) from 250,000 tonnes to 350,000 to meet the current market demand. The Chief Executive Officer of NLNG, Tony Attah, who made this revelation in Lagos during the launch of the company’s 2017 Facts and Figures publication, said the… READ MORE
During my childhood, Aba-made or made-in-Aba was a popular cliché amongst Nigerians. The phrase referred to any locally made product believed to be cheap and inferior in quality. As a matter of fact, when you got to the market, it was common to hear someone ask: “I hope say no be Aba-made?” But I was… READ MORE
Before the enactment of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act of 2010, which became law on April 22, 2010, and giving birth to the Nigerian Content Development and Monitoring Board (NCDMB), the Nigerian oil and gas industry was dominated by International Oil Companies (IOCs), including briefcase businessmen, who relegated indigenous operators… READ MORE
ABUJA—Nigeria recorded slight improvement in crude oil revenue in 2016, as total export appreciated by 0.75 per cent to N6.997 trillion at the end of 2016, according to data obtained from the National Bureau of Statistics, NBS. This amount is 96.09 per cent of Nigeria’s proposed 2017 budget estimate of N7.281 trillion, while it represented… READ MORE