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Category: Energy

Ex-DPR boss urges FG to privatise refineries

Ex-DPR boss urges FG to privatise refineries

A former Deputy Director of defunct Department of Petroleum Resources, Engineer Sunday Adebayo Babalola, has said that it will be better for the Federal Government to privatise the nation’s four refineries. He noted that billions…

Stakeholders identify challenges, solutions to energy growth

Stakeholders identify challenges, solutions to energy growth

Nigeria’s energy sector has many challenges that need to be addressed for the sector to grow, stakeholders have said. According to the Managing Director/Chief Executive Officer, Falcon Corporation, Mrs Audrey Ezeigbo, in addressing Nigeria’s energy…

Navy Arrests Two Suspected Oil Thieves In Asugbo Delta

Navy Arrests Two Suspected Oil Thieves In Asugbo Delta

The Nigerian Navy Ship (NNS) in Delta State on Wednesday handed over two suspected crude oil thieves to the officials of the Nigeria Security and Civil Defence Corps (NSCDC) for further interrogation and investigation. New…

PIA: S4C, NUPRC, others advise on host community devt

PIA: S4C, NUPRC, others advise on host community devt

Stakeholders in the energy sector have canvassed fair treatment for host communities of energy companies in Nigeria. They also urged the host communities to embrace opportunities provided by Nigeria’s Petroleum Industry Act (PIA) to achieve…

Gas Flare: ‘Negotiation’ll achieve more results for Nigeria’

Gas Flare: ‘Negotiation’ll achieve more results for Nigeria’

Adoption of negotiation by the Federal Government with oil and gas companies in Nigeria could be a more potent strategy to reduce or eliminate the multi-billion dollar gas flare losses incurred by the country. While…

Chevron: Illegal bunkering, oil theft negatively impacting operation

Chevron: Illegal bunkering, oil theft negatively impacting operation

Chevron Nigeria Limited (CNL), has decried that illegal bunkering and oil theft in the Niger Delta region has negatively impacted its operation. It added that it had devastating effects on Nigeria’s economy and the environment…

NNPCL begins replacement of ruptured petroleum pipelines

NNPCL begins replacement of ruptured petroleum pipelines

The Nigerian National Petroleum Company Limited (NNPCL) has commenced the replacement of ruptured petroleum product pipelines in Lagos. Chairman, HfC, Kudeyibu Estate, Muyiwa Akinwumi, in a statement, said NNPCL had begun comprehensive repairs on the…

Stakeholders: Reinforcing drive to increase oil production

Stakeholders: Reinforcing drive to increase oil production

The assertion by Organisation of Petroleum Exporting Countries (OPEC) that Nigeria’s oil supply to the international oil market increased by 100,000bpd to hit 1.18mbpd in August as against 1,081mbpd in July, using direct communication, is…

Gas To Play Significant Role In Africa’s Energy Mix – NLNG’s MD

Gas To Play Significant Role In Africa’s Energy Mix – NLNG’s MD

The Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), Dr Philip Mshelbila, has said that natural gas should and will play a significant role in Africa’s energy mix to meet the demands…

Energy Sector Challenges Require Quick Intervention, NAEC Tells Ministers

Energy Sector Challenges Require Quick Intervention, NAEC Tells Ministers

The Association of Energy Correspondents of Nigeria (NAEC) has said Nigeria’s Energy sector was grappling with many challenges that require the quick intervention of the ministers in the sector in order to meet the aspirations…