Fuel scarcity: IPMAN seeks FG’s intervention, as 9,000 marketers may lose their licences
• To avert fuel crisis, IPMAN implore NMDPRA, NNPC not to remove operators from sales portal. • Pump price drops though qu...
Energy
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Nigeria receives 60% share of $30bn Afreximbank’s oil, gas funding
NIGERIA, Feb. 29 – The African Export-Import Bank (Afrexim bank) on Wednesday, made it public that it has become the largest f...
Electricity Overbilling: 7.1 million customers overbilled by Discos in nine months – FG
NIGERIA, Feb. 12 – The issue of refusal of Power distribution companies (Disco) to metered its customers is perceived to be de...
NNPCL Handover pipelines rehabilitation to private firm, builds storage facility at PHC refinery
NIGERIA, Jan. 25 – The Nigerian National Petroleum Company Limited (NNPCL) stated on Wednesday that it has constructed a 150 m...
OPEC confirmed Nigeria’s crude oil production increases to 1.4mbpd
NIGERIA, Jan. 18 – Nigeria’s crude oil production increased to 1.418mbpd in December 2023, according to a report by the Organi...
NNPCL to Technically Privatized Port Harcourt refinery
NIGERIA, Jan. 16 – The federal government of Nigeria, the owner of Port Harcourt Refinery through the Nigerian National Petrol...
NNPCL, TotalEnergies Signs MoU on Adoption of Methane Detection Technology as the energy giant Boss lauds NNPCL Reforms
NIGERIA, Dec. 19 – The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has signed a Memorandum of Understanding (MoU) wit...
Total Energies to Invest $6bn in deep water exploration, gas production
NIGERIA, Dec. 19 – The Nigeria oil and gas sector is unarguably the sector with the largest foreign investment in the country....
European Gas Prices drop slightly to 52 euro per megawatt-hour
WORLD, Oct. 16 – Natural gas futures in Europe edged slightly lower to €52 per megawatt-hour after soaring 41% to an eight-wee...
FG gives Contractor 2024 dateline to complete AKK Gas Pipeline
NIGERIA, Oct. 13 – Oilserv Limited, Pipelines and Facilities (EPCIC), the contractor handling the $2.5 billion Ajaokuta-Kaduna...