All Recent News Listing (Page 3)
  • Bua, 27 Others Now Have Active Refinery Licences, Says Dpr
  • The Department of Petroleum Resources said on Tuesday that 28 investors, including BUA Refinery & Petrochemicals Limited, have active refining licences.  Report on Tuesday that 32 refinery project licences[...]
  • Date Posted:: 15/Apr/2021
  • Oil Jumps To $66 On Signs Of Rising Crude Demand
  • The international oil benchmark, Brent crude, surged by five per cent on Wednesday, after a report from the International Energy Agency, followed by US inventory data, boosted optimism about returning demand after the co[...]
  • Date Posted:: 15/Apr/2021
  • BUA, French Firm Confirm Progress On 200,000bpd Refinery
  • BUA Group and Axens of France have signed a progress acknowledgement statement for BUA’s proposed 200,000-barrels-per-day refinery in Akwa Ibom State. BUA said in a statement on Wednesday that the French President[...]
  • Date Posted:: 15/Apr/2021
  • Firms Seal Power Plants Maintenance Deal
  • Technology group, Wärtsilä, has signed a five-year long-term optimised maintenance agreement with Paras Energy, covering power plants in three locations owned by the later, a 100-percent privately-owned Nigeria[...]
  • Date Posted:: 13/Apr/2021
  • Electricity Generation Falls To 3,922MW, 11 Plants Idle
  • Electricity generation in the country fell below the 4,000 megawatts mark on Sunday as 11 plants were idle, even as several others suffered declines in the output. Total power generation fell to 3,922.2MW as of 6am on S[...]
  • Date Posted:: 13/Apr/2021