Category: Energy/Power

Mobil, Conoil, Others face Sanctions of Senate for Shun Hearing

Amehnews- Exxon Mobil Oil, Conoil Nig. PLC, and Oriental Energy are top on a list of 20 oil companies operating in Nigeria which Thursday failed to appear before the Senate in spite of a one week notice of invitation for a public hearing. The Senate has accordingly threatened to apply sanctions on the erring firms if…

More Trouble as Refineries lose N14bn in one month

Minister of State for Petroleum Resources, Ibe Kachikwu The amount of crude oil processed by Nigeria’s three refineries slumped by 224,342 metric tonnes between January and February 2016, the latest financial and operations report of the Nigerian National Petroleum Corporation indicated. It also showed the consolidated revenue from the facilities nosedived by N14.17bn. Nigeria’s refineries…

Explosion Kills Two Chevron Workers At Billion Dollar Gas Project In Delta

 At least two persons, identified as contract staffs of Chevron Nigeria Limited, have been confirmed dead in a chemical explosion at the multi billion dollar Escravos Gas To Liquid (EGTL) Project in Escravos, Warri South-West Local Government Area, Delta State. The explosion which reportedly shook the foundation of the gas plant occured around 10am on…

Fuel Scarcity – IPMAN Urges FG to Revive NNPC Depots to Ease Distribution

Lagos — The Independent Petroleum Marketers Association of Nigeria (IPMAN) has advised the Federal Government to revive operations at NNPC depots across the country to ease petrol distribution. Alhaji Ahmed Debo, the Chairman of South-West Zone of IPMAN, gave the advice on Friday in Lagos. Debo said that government had neglected the depots for too…