NMDPRA dismisses Dangote Refinery’s claims of dirty fuel imports as “False”
... claims as of June 2024, average sulfur content in all imported Diesel is below 50/ppm limits ... says deregulation of downstream sector allows petroleum marketers to source products…
DAPPMAN says Dangote Refinery’s claims on importation of dirty refined products “laced with inaccuracies”
...alleges DRC's recent batch of diesel contains 1200/ppm Sulphur contents, exceeds 200/ppm imported by marketers ... urges all downstream operators to adhere to PIA 2021, avoid monopolistic practices Oredola…
FG sets to secure $3bn from Standard Chartered Bank for NLNG dividend initiative
"Nigeria still requires substantial investments in the oil and gas sector" - Tinubu informs GCEO of Standard Chartered Bank Oredola Adeola The Federal Government has confirmed Standard…
Two men bag jail terms in Kirikiri for vandalizing EKEDC transformer in Satellite Town, Lagos
"It is significant breakthrough in combating vandalism, cable theft in Satellite Town" - Dr. Akinrolabu Oredola Adeola Magistrate Mrs. A.S. Okubule has sentenced two individuals, Raymond Anthony Okoye and Olamilekan…
AGIS 2024: Experts suggest multi-sector collaboration, innovation for development of Africa’s gas resources
Oredola Adeola Participants at the just concluded Africa Gas Innovation Summit (AGIS) 2024 held in Abuja, have called for collaboration among government, industry, academia, entrepreneurs, and venture financial institutions…
Residents of Lalupon, environs disrupt IBEDC operations in protest of 10-year power outage
... IBEDC says construction of Lalupon injection substation, 33kV Feeder pending due to awaited CBN financial intervention Oredola Adeola Residents of Lalupon and environs in Oyo State disrupted…
Dangote refinery accuses NMDPRA of permitting import of ultra-high sulfur Russian diesel
... faults IOCs for inflating local crude prices by $6 above market rates Oredola Adeola Dangote Oil Refinery and Petrochemicals has raised concerns about its survival, accusing the Nigerian…
FG boosts foreign reserves by $5 m with first gold sale
Oredola Adeola The Federal Government has executed the first commercial transaction under the National Gold Purchase Program (NGPP), having refined over 70 kilograms of gold bars sourced from local artisanal…
11 DisCos receive N21.86bn for metering of unmetered Band A customers
... as NERC allocates N4.36bn to Ikeja Electric, N2.99bn to Abuja DisCo, N2.92bn to EKEDC Oredola Adeola The Nigerian Electricity Regulatory Commission (NERC) has approved the use of N21,864,851,725.00…
After 7 years of delays, FG confirms August 2024 completion date for OB3 gas pipeline
... new contractors adopt advanced micro-tunneling technology enabling OB3 pipeline under River Niger Oredola Adeola After over seven years of attempts to meet the deadline, August 2024 has…
