More foreign investors show interest in 300bpd Green Refinery
Three companies from China and the United Arab Emirates (UAE) have joined the league of foreign investors in frame for the 300,000 barrels per day Lekki Green field refinery being promoted by Nigerian National Petroleum Corporation (NNPC). .more>>
Govt appoints four banks to administer N8.4b cabotage fund
FOUR banks have eventually emerged as primary lending institution under the country's $55 million (about N8.4 billion) Cabotage Vessels Financing Fund (CVFF). They are Diamond Bank, Fidelity Bank, Skye Bank and Equatorial Trust Bank..more>>
APMT acquires new mobile crane
APM Terminal is set to take delivery of a new Mobile Harbor Crane, to further boost efficiency and cargo handling operations at the container terminal within Apapa port complex..more>>
Uncompleted plants, not gas supply, bane of low power generation - Barkindo
The group managing director of the Nigerian National Petroleum Corporation (NNPC), Mohammed Barkindo, yesterday sought to convince Nigerians and the business community that the Federal Government is serious about tackling the problems of the electricity sector as he offered explanation for the failure to attain the 6,000 megawatts target set for December 2007 despite spending over $2 billion. .more>>
Uncompleted plants, not gas supply, bane of low power generation - Barkindo
The group managing director of the Nigerian National Petroleum Corporation (NNPC), Mohammed Barkindo, yesterday sought to convince Nigerians and the business community that the Federal Government is serious about tackling the problems of the electricity sector as he offered explanation for the failure to attain the 6,000 megawatts target set for December 2007 despite spending over $2 billion ..more>>
