Archives for ENERGY - Page 12
Nigeria’s refining capacity crashes to 6,000b/d – OPEC
Drums of oil Nigeria’s crude oil refining capacity has further reduced to just 6,000 barrels per day, according to data obtained from the Organisation of the Petroleum Exporting Countries. In…
Akubuiro, Gomba, Ojomu make 2023 Shortlist of Three for Nigeria Prize for Literature
The Advisory Board for the Nigeria Prize for Literature has announced the finalists for the 2023 edition of the Prize. The shortlisted plays in alphabetical order of their titles are:…
NSA COMMENDS GOVERNMENT SECURITY FORCES, COMMUNITY SECURITY, NNPC FOR STEPPING UP FIGHT AGAINST CRUDE OIL THEFT
By Ngozi Onyeakusi---President Bola Ahmed Tinubu today dispatched a high-powered delegation to the Niger Delta for stakeholder engagements and on-the spot assessment of the fight against crude oil theft in…
NLNG restates commitment to community-driven development in host communities
By Ngozi Onyeakusi---Nigeria LNG Limited (NLNG) has restated its committent to the Global Memoranda of Understanding (GMoU), signed with its host communities in 2021, to drive community-initiated sustainable development. The…
NNPCL, Afreximbank seal $3bn crude repayment deal to redeem Naira
NNPCL logo The Federal Government secured a reprieve for the tumbling Naira on Wednesday, with the Nigerian National Petroleum Company Limited (NNPCL) and Afreximbank jointly signing a commitment letter and term…
Diesel price hits N950/litre, manufacturers fear shutdowns, job losses
Diesel illustration Oil marketers, on Monday, said the foreign exchange crisis in Nigeria and the recent implementation of a percent Value Added Tax on Automotive Gas Oil, popularly called diesel,…
Nigeria’s Crude Oil Underproduction Losses Hit N6.8tn in Seven Months
Drums of oil Nigeria’s inability to ramp up production to meet the Organisation of Petroleum Exporting Countries (OPEC) output quota cost the country a gross loss of about trillion in…
Forex crisis: Marketers propose N720/litre, suspend fuel imports
Drums of oil Oil marketers, on Sunday, indicated that the cost of Premium Motor Spirit, popularly called petrol, would rise to between N680/litre and N720/litre in the coming weeks should…
NCDMB seeks corporate governance for indigenous oil firms
Executive Secretary NCDMB The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Simbi Kesiye Wabote, says indigenous oil and gas companies must inculcate the principles of corporate governance in their operations…
NLNG holds second digital communication skills workshop for journalists
By Ngozi Onyeakusi---Nigeria LNG Limited has completed the second edition of its highly impactful 2023 #NLNGChangeYourStory workshop, aimed at equipping journalists with cutting-edge digital communication and social media skills. From…