MIDDLE EAST ENERGY X-RAYS ENERGY TRANSITION PRIORITIES, FACILITATES US$1.86BN BUSINESS DEALS
Middle East Energy, the leading energy event in the Middle East and Africa (MEA) region, has further advanced the industry at its recently concluded ...
Power Sector News
ADVANCING POWER SUPPLY VIA LOCAL CONTENT
Correspondent writes that the engagement of competent indigenous firms to carry out major works in the Nigerian power sector could make a significant...
CHAD NATIONALISES EXXON MOBIL ASSETS AFTER SALES DISAGREEMENT
Chad has nationalised all the assets and rights including hydrocarbon permits and exploration and production authorisations that belonged to a subsid...
S&P: AFRICAN OPEC HEAVYWEIGHTS ON GROWTH PATH DESPITE CRUDE UNDERPRODUCTION
Nigeria and Angola are seemingly unable to return to pre-pandemic levels of production, where Nigeria would produce between 1.7 and 1.8 MMbo/d and An...
SANDA: DISCOS UNABLE TO ATTRACT FUNDING DUE TO LIQUIDITY CHALLENGE IN POWER SECTOR
The inability of power distribution companies (Discos) in Nigeria to access necessary external funding required for capital projects has been attribu...
OIL PRODUCTION RISES TO 1.7M BPD – FG
The Minister of Defence, Major General Bashir Magashi has said the onslaught launched against crude oil theft by the Nigerian Navy and other sister s...
REPS INVITE MINISTERS, FIRMS OVER $2.4BN OIL SALE
The House of Representatives’ will on April 11, 2023, grill ministers and other heads of ministries, departments and agencies of the Federal Go...
SEPLAT BOARDROOM CRISIS GETS MESSIER AS ORJIAKO FIRES BACK
The last may not have been heard of the Boardroom crises rocking Nigeria’s indigenous oil and gas production company, Seplat Energy Plc, a...
ENUGU DISCO TO DEPLOY 500,000 METERS WORTH N37BN TO ANAMBRA
Enugu Electricity Distribution Company PLC (EEDC) is set to deploy 500,000 metres worth N37 billion to Anambra State. This was disclosed by the Mana...
BUDGET 2023: FEARS AS OIL PRICE DROPS 3% TO $73.87 PER BARREL
There were fears, weekend, as the price of Nigeria’s premium oil grade, Bonny Light, dropped to $73.87 per barrel, from $76.37, recorded last w...