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Dangote Refinery pledges price cushion for domestic fuel market
Sopuruchi Onwuka Nigeria’s largest private fuel producer, Dangote Petroleum Refinery, has pledged to continue providing price cushion for the domestic market despite the prevailing volatility in the international prices of crude oil. The company stated at the weekend that it…
Cost-effective financing propels ongoing revamp of depots, pipelines — Soneye
The Chief Corporate Communications Officer (CCCO) of the Nigerian National Petroleum Company Limited (NNPCL), Olufemi Soneye, has stated that the company has commenced rehabilitation of pipelines and depots to strengthen the country’s energy infrastructure for long term benefits. He stated…
NMDPRA says govt policies transform Nigeria into regional oil hub
Sopuruchi Onwuka The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has assured that fiscal and operating strategies guiding then petroleum industry are course to transform the country into continental energy powerhouse. Authority Chief Executive, Engr Ahmed Farouk, who spoke…
Board appoints Adeosun as new boss at Eterna Plc
Sopuruchi Onwuka The Board of Directors of has appointed Mr. Olumide Adeosun as the new Managing Director and Chief Executive Officer of Eterna Plc. According to a statement issued on Thursday by David Edet, the Company’s Secretary/Legal Adviser, the appointment…
Chief S.L. Edu Memorial Lecture: Chevron commits to climate action, conservation
Chevron Nigeria has restated its commitment to continuous investment in reducing carbon intensity and expanding lower-carbon businesses. The company declared at the 23rd Memorial Lecture honoring late Chief S.L Edu in Lagos that th commitment is part of its measures…
China leads plans to build space based solar power station
Sopuruchi Onwuka, with agency reports As the race to locate more facilities in the orbit gets intense, China has begun working on plans to be the first to take a space for its gargantuan orbital solar farm that would harness…
Eni awards 30 post graduate scholarship to Nigerian graduates
Sopuruchi Onwuka Some 30 Nigerian varsity graduates will now proceed with post graduate studies in various disciplines in Nigeria and overseas under the patronage of Italian oil multinational, Eni, whose local subsidiary, the Nigerian Agip Exploration Limited (NAE), awarded the…
Axxela drives growth with new corporate structure
Sopuruchi Onwuka Leading gas and power portfolio company,Axxela Limited, say it is restructuring to accelerating growth and expand its market influence in Africa. Corporate Communications Manager, Omolara Shitu, declared in a media statement that the restructuring is conceived to align…
Refineries: Inside Kyari’s desperate efforts to sell performance
Sopuruchi Onwuka Since November when the Nigerian National Petroleum Company (NNPC) Limited declared re-streaming of some of its moribund refineries in Port Harcourt and Warri, doubts and controversies have drowned the open excitement obviously targeted by the national oil company…
Miniature anti-drones missile to be tested in Ukraine
Frankenburg Technologies’ Mark 1 anti-aircraft missile, a new type of miniature missiles developed by an Estonia-based company which can counter low-flying drones is set to be tested in Ukraine in the month. The latest test is set to be conducted…
