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LPG: FG Targets New Terminals to Noost Supply

Mr Dayo Adeshina, Programme Manager, National Liquified Petroleum Gas (LPG) Expansion Plan in the office of the Vice president, says government is targeting installation of five gas terminals to boost LPG penetration in the country. Adeshina made this know at a special interview in Abuja on Sunday. “From 2017 to 2020, the market has moved from 750 thousand tones to ...

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NNPC/Chevron partners IRDC to Provide Power in Ondo Riverine Communities

In a bid to electrify some riverine communities in Ondo State the Nigeria National Petroleum Corporation (NNPC) and Chevron in partnership with Ilaje Rural Development Committee (IRDC) have inaugurated a solar power electricity. The communities are Awoye and Odofado in Ilaje Local Government Area (LGA) of the state. The “Solar Power Mini Grid Energy Cabins’’ which would benefit no fewer ...

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IBEDC Assures Customers of Free Prepaid Meters

The Ibadan Electricity Distribution Company (IBEDC) has assured its customers that every household under its franchise will be supplied with the free digital prepaid meter in due course. IBEDC’s Regional Head, Ogun, Dr Ademola Adewumi, gave the assurance on Thursday, at a public sensitisation programme on the ongoing National Mass Metering Programme (NMMP) held in Abeokuta. The programme was organised ...

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NPDC Corporate Social Responsibility Projects Impactful — Sambo

The Nigerian Petroleum Development Company Limited (NPDC), has said that its Corporate Social Responsibility (CRS) programme has been impactful. The NPDC, a subsidiary of Nigerian National Petroleum Corporation (NNPC), observed that the corporation has long been ahead of other organisations in carrying out CSR programmes to its host communities in Edo. The Managing Director of NPDC, Mr Mansur Sambo, made ...

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Rep. Frowns Over NNPC’s $300 Million Left in Polaris Bank

……by Ibrahim Musa……. of Representatives ad hoc committee on the assessment and status of all recovered loots from 2002-2020 has frowned at the $300 million Nigerian National Petroleum Corporation (NNPC) deposit left in Polaris Bank for seven year. The House Committee querried the intention of Polaris Bank to have allowed the NNPC money to remain in their banj for close ...

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Enyo Announced Second Edition of Open Idea Competition

. …….challenges creatives on innovative recycling……. As part of its commitment to support the sustainable development goal of combating climate change and enhance creativity among young minds, leading fuel retailing company, Enyo Retail and Supply Limited has announced the second edition of the Enyo Open Ideas Competition, EOIC, an annual competition that aimed at giving Nigerians the opportunity to express ...

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Smuggling Pushes PMS Consumption to 103 Million Litres Per Day – NNPC

The Nigerian National Petroleum Corporation (NNPC) said that smuggling has pushed up daily consumption of Premium Motor Spirit (PMS) otherwise known as petrol to 103 million litres per day in the month of May. Group Managing Director NNPC, Mele Kyari, made this known at stakeholders meeting organised by the corporation to discuss how best to stop smuggling in the country. ...

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No Gas Leakage It is Routine Safety Drills – Rainoil

……..by Abisoye Shola….. Rainoil Limited has said that there was no incident of gas leakage at their gas Depot at Ijegun-Egbe in Lagos. This is contrary to the reports making rounds that the company was trying to contain any fire incident that may occur as a result of the said leakage in the early hours of yesterday. Rainoil said in ...

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NCDMB, NEXIM Seal $30m Capital, Capacity Building Fund Agreement

The Nigeria Content Development and Monitoring Bank (NCDMB) and the Nigeria Export Import Bank (NEXIM) have signed agreement on $30million Capital and Capacity building Fund for the oil and gas sector servicing. Mr Simbi wabote, the Executive Secretary of NCDMB said at the signing ceremony in Abuja on Wednesday that the fund would go a long way to stabilise the ...

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Midwestern Oil Makes Reverse Take-over Offer to San Leon Energy

Midwestern Oil & Gas Limited has made a reverse take-over (RTO) offer to San Leon Energy Plc, an energy company listed in the Alternative Investment Market (AIM) of the London Stock Exchange (LSE). A source said that the initial approach for the RTO was done three years ago, adding that the offer appears to be a natural progression from the ...

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