The NNPC boss stated that, as part of efforts to find a lasting solution to the perennial problem of pipeline vandalisation and sundry security challenges bedeviling the oil and gas industry, the NNPC had outlined plans to establish a security advisory council.
Traders said the field has planned maintenance in the second half of the month. Field operator Shell did not immediately respond to a query about maintenance plans.
The programme which was launched by President Muhammadu Buhari on November 17, 2015 is intended to create a linkage between anchor companies involved in the processing and small holder farmers (SHFs) of the required key agricultural commodities.
Already, nine companies have submitted bids for co-location of new refineries within the complexes of Nigeria’s three existing refineries in Kaduna, Warri and Port Harcourt, which are expected to increase the nation’s refining capacity from 445,000 barrels per day (bpd) to 650,000bpd.
Oscarline Onwuemenyi 06 January 2017, Sweetcrude, Abuja – The Federal Government said it has resumed payments of cash stipends to…
06 January 2016, London — A court in London will decide in the coming weeks whether Royal Dutch Shell can…
05 January 2017, Lagos – Oil prices should average around $55 per barrel in 2017 for West Texas Intermediate, which…
05 January 2017, Sweetcrude, Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $52.71 a barrel…
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According to the Nigerian Electricity Supply Industry (NESI), operational report for Jan. 3, the power sector hits a peak generation of 4,959 megawatts as against 3,321 megawatts recorded on Dec. 2.
