Post Tagged with: "Nigerian oil and gas news"

oil and gas rig

DPR remmits $1.03bn oil royalty, legacy debts to Federation Account

Energy, Oil & Gas September 23, 2020 at 10:26 am Comments are Disabled

Nigeria’s oil industry regulator, the Department of Petroleum Resources (DPR), has declared that it remitted $1.03billion to Federation Account from oil and gas royalties and legacy debts.   The DPR, which said this in a statement made available to Platforms Africa, quoted its Director, Sarki Auwalu, to have said thatRead More

Justice Derefaka

NGEP: FG assures investors of sanctity of contract

Energy, Oil & Gas September 23, 2020 at 10:17 am Comments are Disabled

The federal government has assured private investors in the National Gas Expansion Programme, NGEP of sanctity of contract, saying it would not “change game midway”.   While speaking on NTA’s ‘Good Morning Nigeria’ on Tuesday, Engr. Justice O. Derefaka, Technical Adviser on Gas Business & Policy Implementation to the MinisterRead More

Representatives at the signing

All On, Auxano Solar Nigeria Sign $1.5m Investment Deal for Solar Panel Assembly Plant Expansion

Energy, Oil & Gas September 23, 2020 at 10:09 am Comments are Disabled

  Shell-funded impact investment company All On is pleased to announce a $1.5m investment in Auxano Solar Nigeria Limited to scale its operations over the next five years. “This investment would guarantee the expansion of Auxano’s solar panel assembly capacity by over 50 percent and is a great win forRead More