NLPGA to partner regulatory agencies on safety as DPR probes Lagos gas explosion
The Nigeria Liquefied Petroleum Gas Association (NLPGA), the umbrella body for the LPG industry in Nigeria, is collaborating with government regulatory agencies to prevent the incidence of explosion in gas plants across the country.
PETAN announces speakers at WAIPEC forum
The Petroleum Technology Association of Nigeria (PETAN) has announced the first set of speakers to feature on the programme at the West African International Petroleum Exhibition and Conference 2018 (WAIPEC), a two day major platform ....
36 ships to arrive Lagos ports
Thirty-six ships laden with petroleum products, food items and other goods are expected to arrive Apapa and Tin-Can Island ports in Lagos from Jan. 22 to Feb.13.
Optimising income from the emerging oil boom
When oil prices begin to rise as they have been doing in the last couple of months, particularly in the last few weeks, my heart begins to palpitate.
Total reaffirms commitment to due process, zero tolerance for corruption
Following a petition from the Indigenous Vessels Operators Association of Nigeria to the Senate Committee on Local Content, Total Upstream Nigeria Limited (TUPNI), and the National Petroleum Investment Management Services (NAPIMS), last week appeared before the Committee to clarify the call for tender for the provision of support vessels. Following the Senate Committee’s meeting,…
Why crude oil prices are on upward swing, by U.S. energy agency
The United States Energy Information Administration (EIA), has attributed the current surge in oil prices to shutdown of the Forties Pipeline in the North Sea on December 11, as a result of a crack in the pipeline, which remained closed through December 30. EIA in its Short Term Energy Report, released at the weekend, added…
Nigeria’s power unutilisation capacity hits 2,336.4mw
Nigeria’S power sector recorded about 2,336.4 Megawatts (MW) of unutilised capacity on Monday, according to data from the Transmission Company of Nigeria (TCN). The TCN in its daily power generation report for Monday, disclosed that Ihovbor Gas Turbine (GT) 1 and 3 recorded capacity untilisation of 225 MW; Alaoji National Integrated Power Plants (NIPP) GT1 and…
Axxela expands gas supply across West Africa
Axxela Limited, (Axxela), sub-Saharan Africa’s preferred and fast-growing gas and power portfolio company, is set to expand its gas supply footprint across the West African region following its recent qualification as a Shipper on the West African Gas Pipeline (WAGP). The appointment follows an extensive due diligence process conducted by the West African Gas…
Black gold managers reel out expectation for 2018
Ministers of oil resources in Organisation of the Petroleum Exporting Countries (OPEC), have reeled out expected challenges for the global oil sector in 2018.
Two refineries process 331,705MT crude oil in one month
Port Harcourt Refineries Company (PHRC), and the Warri Refining and Petrochemical Company (WRPC), processed 331,705 Metric Tonnes (MT) of crude oil in October last year.