Pipelines and Product Marketing Company (PPMC) realised ₦N160.76 billion from the sale of refined petroleum or white products in December 2016, far above the N145.47 billion collected in November.
Total set to achieve 100 per cent quality services
As part of its commitments to customers, Total Nigeria Plc has reiterated its efforts to achieve a 100 per cent quality customer service delivery in subsequent years.
Otakikpo marginal field to evacuate crude oil soon
The Otakikpo marginal oil field would soon commence evacuation of crude oil following the successful completion of Maximum Efficiency Rate (MER) test on the production wells of the project.
Power generation hits 4,043MW as gas supply improves
The Transmission Company of Nigeria (TCN) says the nation’s power generation rose from 3,528 megawatts (MW) to 4,043 megawatts between February 1 and 15.
Producing through recession
Production of crude oil and subsequent storage happens only after a well has been drilled and completed where a profitable accumulation of the black gold has been found.
Government to implement energy efficiency standards
The Federal Government in collaboration with the European Union (EU) and its German partners in the Nigerian Energy Support Programme (NESP) is set to implement energy efficiency policy before year end.
Propetrol eyes oil retail outlets
An indigenous company, Propetrol Limited, has concluded plans to increase its retail outlets through the acquisition of more available assets in the country.
Onne Oil & Gas Free Zone offers incentives to foreign company
The Chief Commercial Officer (CCO) of Intels Nigeria Ltd., Mr Patrick Bird, has said that the Onne Oil & Gas Free Zone offers enormous incentives to foreign companies to invest in Nigeria.
28 power stations generate 3,134 MWh/hour electricity
The Nigerian Electricity Supply Industry (NESI) says 28 power stations sent out average of 3,134mw/hour of electricity on Feb. 8, according to the industry’s website’s report in Abuja.