FG LISTS CONDITIONS FOR OIL MAJORS’ DIVESTMENT FROM UPSTREAM OPERATIONS
As oil majors unveil their divestment plans in Nigeria, in line with the energy transition agenda, the Nigerian National Petroleum Corporation (NNPC)...
Power Sector News
SENATE COMMITTEE TO HELP IKEJA ELECTRIC RECOVER N70.96BN MDAS’ DEBT
The Senate Committee on Privatisation and Commercialisation has promised to assist Ikeja Electric to recover over N70.96 billion in customer debt. T...
EXPLORATIONISTS ADVOCATE CREATION OF ENERGY BANK FOR OIL SECTOR
Petroleum explorationists in Nigerian have advocated for the creation of an energy bank in the mold of Bank of Industry (BOI) for the Nigerian oil an...
OPEC JULY OIL OUTPUT HITS 15-MONTH HIGH AS FG ASKS CARTEL FOR HIGHER PRODUCTION QUOTA
Oil output from the Organisation of Petroleum Exporting Countries (OPEC) rose in July to its highest since April 2020 as the group further eased prod...
DORMANT OILFIELD COMPOUNDS NIGERIA’S ECONOMIC WOES
The inability of investors to bring oilfields into production several years after they take possession of such critical national asset has becom...
OIL & GAS: FG PLANS DIVESTMENT POLICY TO GUIDE OPERATORS
The Federal Government, yesterday, dropped hints of plans to introduce a comprehensive divestment policy to guide operations in the oil and gas indus...
NIGERIA, RUSSIA PLAN DEAL ON NUCLEAR POWER PROJECTS
Nigerian government officials have met with their counterparts from Russia in preparation for a deal that would see the country site some nuclear pow...
NNPC UPBEAT ABOUT TIMELY DELIVERY OF AKK GAS PIPELINE
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has assured that the ongoing 614kilometres Ajao...
MANUFACTURERS IN EDO, DELTA GROAN UNDER POOR POWER SUPPLY, OTHERS –MAN CHAIRMAN
The Manufacturers Association of Nigeria (MAN) has identified poor power supply, high cost of diesel, and raw materials, as affecting the businesses ...
BEDC DECRIES RISING CASE OF VANDALISM IN FRANCHISE AREAS
BEDC Electricity Plc (BEDC) has decried rising cases of vandalism across its franchise zone stressing that aside being an economic crime, it is ...