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Dissimilarities in petrol pump price persist

Modelling Or Hot New Romance: TBoss Cuddles Up To ‘Bae’

The price of Premium Motor Spirit (PMS), popularly called petrol, increased by 0.1 per cent month-on-month to N146.90 in August 2018 from N146.80 in July 2018, due to slight edge above official pump price of […]
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Nigeria’s gas production now 8.163bscuf/d

Nigeria’s gas production now stands at 253.06 billion cubic feet (bcf), translating to an average daily production of 8,163.58 million cubic feet per day (mmcfpd) according to latest edition of monthly financial and operations data […]
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Why we terminated Samsung’s sublease — LADOL

Why we terminated Samsung’s sublease — LADOL

LADOL Group, an indigenous logistic service company, has said its affiliate, Global Resources Management Limited, terminated the SHI MCI FZE’s sublease for three reasons. SHI MCI FZE is a joint venture between LADOL and Samsung formed to perform the Egina FPSO EPC contract between Samsung and Total Upstream Nigeria Limited. The counsel to LADOL and […] …

Oando boss highlights gas development challenges

Oando boss highlights gas development challenges

The Group Chief Executive Officer, Oando Plc, Mr Wale Tinubu, has said gas development in Nigeria has been stunted by the slow development of the market and the difficulty in accessing long-term, low-interest capital needed to undertake the massive projects that can ensure delivery of gas to all parts of the country. “Gas development is […] …

NERC worries over reliance on gas-fired power plants

NERC worries over reliance on gas-fired power plants

 ’Femi Asu The Nigerian Electricity Regulatory Commission has expressed concern about the over-dependence on gas-fired power plants for the generation of electricity in the country. NERC, in its latest quarterly report, said gas-fired thermal plants dominated the electricity generation mix, accounting for 81 per cent of the energy generated in the first quarter of this […] …

Nigeria needs to fast-track gas pipeline construction –Nestoil

Nigeria needs to fast-track gas pipeline construction –Nestoil

’Femi Asu The Chairman/Chief Executive Officer, Nestoil Limited, Dr Ernest Azudialu-Obiejesi, has called on the Federal Government to increase the construction of gas pipeline in order to enhance access to natural gas supply by power-generating stations and other areas where gas is needed. Azudialu-Obiejesi, who spoke at the second edition of the Nigerian International Pipeline […] …

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