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Thursday, June 17, 2021
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DPR revokes Addax’s oil mining licenses for non-performance

.Re award licenses  to Kaztec and Salvic Consortium The Director Department of Petroleum Resources (DPR), Engr. Sarki Auwalu, has said that DPR revoked three Oil...

FG commissions Obudu 60kWp solar hybrid mini-grid plant

.Groundbreaking 100kWp isolated mini-grid at bottom hill, Obanliku The Federal Government has commissioned the 60kWp solar hybrid mini-grid power plant in Obudu Ranch Resort of...

FEC approves $1.5bn for rehabilitation of Port Harcourt Refinery 

The Federal Executive Council (FEC) presided over by President Muhammadu Buhari on Wednesday approved 1.5billion dollars for the rehabilitation of the Port Harcourt Refinery...

DPR seals 86 illegal gas plants in Lagos in 2020

The Department of Petroleum Resources (DPR) says it shutdown 86 cooking gas plants in Lagos State in 2020 for operating illegally. According to Paul Osu,...

DPR warns depot owners against petroleum products hoarding 

The Department of Petroleum Resources (DPR) has issued warning to depot owners against hoarding of petroleum products in their facilities. Mr Sarki Auwalu, Director, DPR...

Oil Marketers call for national discourse on fuel subsidy removal

With the price of Brent crude oil still hovering around $61 per barrel, oil marketers under the auspices of Major Oil Marketers Association of...

DPR ISSUES LICENCE TO ESTABLISH FIRST FLOATING LNG PRODUCTION PLANT

DPR ISSUES LICENCE TO ESTABLISH FIRST FLOATING LNG PRODUCTION PLANT TheDepartment of Petroleum Resources (DPR) has issued Licence to Establish (LTE) the first floating...

BonnyLight Energy imports 20,000 MT AGO into Nigerian market

BonnyLight Energy and Offshore Limited, a wholly indigenous petroleum downstream have announced the supply of 20,000.00 MT of Premium Automotive Gas Oil (popularly known...

DPR ASSURES OF PRODUCTS AVAILABILITY DURING YULETIDE

The Department Petroleum Resources (DPR) have assured Nigerians of petroleum products availability during the yuletide period. The DPR said that there is product sufficiency nationwide...

Interview with Abayomi Awobokun, CEO, Enyo Retail & Supply on the firm’s Gas Expansion Plans in Nigeria

Enyo has been operating in Nigeria for a while now and has done well in its expansion across the country so far. As we...

NIPCO fits 6,000 vehicles to run on gas

.Lauds govt, assures of easy conversion of cars to run on gas The Nigerian Independent Petroleum Company (NIPCO) said that it has fitted about 6,000...

COVID 19: FG considers tax holiday for Maritime sector

In a bid to stimulate investment and boost activities in the maritime industry, amid the downturn induced by COVID-19, the Federal Ministry of Transportation...
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Lagos begins demolition of structures under power lines

The Lagos State Building Control Agency, (LASBCA), said it would embark on demolition of illegal structures constructed under high tension cables and others. A statement...

Lekan Akinyanmi in full control of Lekoil Nigeria

Lekan Akinyanmi remains in full control of Lekoil Nigeria Limited (Lekoil Nigeria), the company officially recognized by the Nigerian government as custodian of some...

Firm to set up 1GW solar panel manufacturing factory in Nigeria

Solmont Technologies, an OEM, plans to construct a 1,000 MW per annum solar panel manufacturing facility in Ondo State, Southwest Nigeria. The factory is...

OAU to begin electricity generation, distribution

The Vice-Chancellor of the Obafemi Awolowo University (OAU), Prof. Eyitope Ogunbodede, has announced that the University has obtained the license to distribute electricity to...