THLD Group, Doowe Gas sign deal to promote sales of autogas
Doowegas and THLD GROUP have signed a collaboration agreement to promote the conversion, usage and sales of autogas (liquefied petroleum gas) vehicles in Nigeria. The agreement was signed by James Atiti; Doowegas chief executive officer and Olajuwan Olusegun, chief executive officer and managing director of THLD Group. Doowegas is currently the largest online retailer for…
Prices of petroleum products decreased in March
Prices of Liquefied Petroleum Gas (LPG), National Household Kerosene (kerosene), and Automotive Gas Oil (diesel) decreased by 3.03 per cent, 6.79 per cent and 1.65 per cent respectively in March 2018.
NNPC’s GMD lauds Arco group for contributing to oil, gas development
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, commended the Group Managing Director of ARCO Group, Engr. Alfred Irabor Okoigun, for his contribution to the oil and gas sector.
OPEC loses $1 trillion investment in two years
The Organisation of the Petroleum Exporting Countries (OPEC) has said that more than a $1 trillion of frozen capex or cuts were recorded in 2015 and 2016.
Siemens prescribes Egypt model of electricity solution for Nigeria
To realize regular electricity supply in Nigeria, the need for the Federal Government to adopt the Egypt model of power generation, has been emphasized.
Government activates national oil spill contingency plan
The Federal Government and oil firm, Nigeria Agip Oil Company (NAOC) have concluded arrangement to carry out activation of National Oil Spill Contingency Plan (NOSCP) as agreed by the stakeholders. Similar exercises took place in 2011 and 2013, and knowledge and expertise gained helped in no small measure in combating Bonga Oil Spill incident.…
How governemnt contributed to collapse of Nigeria’s electricity industry, by Amadi
The failure of successive governments to fund capacity expansion in generation, distribution, and transmission networks led to the collapse of the electricity industry, as the national grid could no longer satisfy the growing energy demand. A former Chairman of the Nigerian Electricity Regulatory Commission (NERC), Dr. Sam Amadi, who made this submission in The Guardian Compendium…
20 private refinerie’s licences expire for non-activity
Twenty of the 43 licences granted by the Department of Petroleum Resources (DPR) to set up private refineries in Nigeria have expired without going beyond the initial level of Licence to Establish (LTE).
OGTAN, NCDMB, PTDF partner to sustain local content through training
The Oil and Gas Trainers Association of Nigeria (OGTAN), in conjunction with the Nigerian Content Development and Monitoring Board (NCDMB), and the Petroleum Technology Development Fund (PTDF), have concluded plans to hold a one-day National Education Summit (NES).