Fidelity Bank Backs Temile Development Company to boost Nigeria’s Gas Revenues

LAGOS JANUARY 31ST (NEWSRANGERS)-In what has been termed a significant milestone in the advancement of Nigeria’s domestic gas industry and the generation of gas revenues, Temile Development Company Ltd -a key indigenous player in the oil and gas industry- recently commissioned a 23,000 cubic meters ultramodern Liquefied Petroleum Gas (LPG) Carrier. Named ‘Alfred Temile 10’,…

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Scores Feared Killed, Goods Worth Millons Destroyed In Rivers Jetty Explosion

LAGOS JANUARY 31ST (NEWSRANGERS)-An unspecified number of traders and passengers were feared killed, while goods and property worth millions of naira were destroyed, following a fire that gutted three passenger boats in Rivers State. The Guardian learnt that the incident happened on Monday evening at the popular Bonny/Nembe/Bille jetty in Port Harcourt City Local Council…

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Dangote Refinery Shuns Nigeria Crude Oil, To Import Crude Oil From US

LAGOS JANUARY 30TH (NEWSRANGERS)-Dangote refinery is preparing to import crude from the US in the forthcoming months, signalling the increasing competitiveness of American barrels in the global market. This is according to reports from Bloomberg.   Traders’ familiar with the matter disclosed that Trafigura Group has sold 2 million barrels of WTI Midland to the…

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