Energy

Nigeria’s Daily Crude Production In 2018 Stood At 2.019m Barrels – NNPC NNPC Group Managing Director, Dr Maikanti Baru The Nigerian National Petroleum Corporation (NNPC) says that the national average… Continue reading Nigeria’s Daily Crude Production In 2018 Stood At 2.019m Barrels – NNPC

Estimated Billing: Over 5m Nigerians Still Unmetered, Says NERC NERC The Nigerian Electricity Regulatory Commission (NERC) on Monday said over five million Nigerian electricity consumers were unmetered. Mr Abdulkadir Shettima,… Continue reading Estimated Billing: Over 5m Nigerians Still Unmetered, Says NERC

OANDO PLC ANNOUNCES FYE 2018 RESULTS, POSTS N28.8 BILLION PROFIT-AFTER-TAX Mr. Wale Tinubu Oando PLC (referred to as “Oando” or the “Group”), Nigeria’s leading indigenous energy group listed on both… Continue reading OANDO PLC ANNOUNCES FYE 2018 RESULTS, POSTS N28.8 BILLION PROFIT-AFTER-TAX

NEXT LEVEL IN POWER SUPPLY: ASO ROCK TO BECOME ELIGIBLE CUSTOMER, FG APPROVES CONCESSIONING OF 5 HYDRO DAMS Mr. Babatunde Fashola,SAN As FEC approves distribution expansion programme to off-take part… Continue reading NEXT LEVEL IN POWER SUPPLY: ASO ROCK TO BECOME ELIGIBLE CUSTOMER, FG APPROVES CONCESSIONING OF 5 HYDRO DAMS

Depleted ECA: NNRC Warns against Possible Slip into Another Recession The Nigeria Natural Resource Charter (NNRC) has warned that Nigeria could slip into another economic recession if the prices of crude… Continue reading Depleted ECA: NNRC Warns against Possible Slip into Another Recession

29 Bayelsa Communities Want OML 29 Licence Renewal Reversed Twenty nine communities in Bayelsa State have approached the Federal High Court, Yenagoa, Bayelsa State, to reverse the licence renewal fee… Continue reading 29 Bayelsa Communities Want OML 29 Licence Renewal Reversed

Chevron, NNPC To Supply 70m mmscfd Natural Gas To Dangote Fertilizer Chevron and NNPC Logo Chevron Nigeria Limited  (CNL) and Nigerian National Petroleum Corporation (NNPC) have agreed to supply 70… Continue reading Chevron, NNPC To Supply 70m mmscfd Natural Gas To Dangote Fertilizer

NNPC To Woo Investors To Oil, Gas Sector At CERAWeek Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru. The Group Managing Director of the Nigerian… Continue reading NNPC To Woo Investors To Oil, Gas Sector At CERAWeek

GENCOs Release 4,114 MW Of Power Power Grid Electricity generating companies in Nigeria released an average of 4,114 megawatts of power into the national grid on Monday, a daily energy… Continue reading GENCOs Release 4,114 MW Of Power

I Will Ask Our Agencies To Provide Details Of Corrupt Contractors’, Fashola Tells SERAP Mr. Babatunde Fashola, Minister of Power, Works and Housing The Minister of Power, Works and Housing… Continue reading I Will Ask Our Agencies To Provide Details Of Corrupt Contractors’, Fashola Tells SERAP

Election: IPMAN Crashes Petrol Price To N140/litre Elder Chinedu Okoronkwo, National President, Independent Petroleum Marketers Association of Nigeria (IPMAN) In what could be termed a soothing development, the Independent Petroleum… Continue reading Election: IPMAN Crashes Petrol Price To N140/litre

IPMAN endorses Buhari for Presidential re-election Elder Chinedu Okoronkwo, National President, Independent Petroleum Marketers Association of Nigeria (IPMAN) The Independent Petroleum Marketers Association of Nigeria(IPMAN) on Friday at the Presidential… Continue reading IPMAN endorses Buhari for Presidential re-election

Electricity: Bill to criminalise estimated billing passes 3rd reading at House of Reps Power grid A bill for an Act to amend the Electric Power Reform Act to prohibit and… Continue reading Electricity: Bill to criminalize estimated billing passes 3rd reading at House of Reps

Refinery: “FG Will Source Forex from Dangote” …CBN Gov Mr. Aliko Dangote The Federal Government will soon start sourcing foreign exchange (forex) from Dangote Group, as soon as the latter’s… Continue reading Refinery: “FG Will Source Forex from Dangote” …CBN Gov

HEDA WANTS EFCC TO PROBE FASHOLA OVER DIVERSION OF $600M POWER PROJECT Mr. Babatunde Fashola The Human and Environmental Development Agenda Resource Centre (HEDA), which is a non-governmental and non-partisan… Continue reading HEDA WANTS EFCC TO PROBE FASHOLA OVER DIVERSION OF $600M POWER PROJECT

Stop Attacks Against BEDC, 46 CSOs Warn Godwin Obaseki, Governor Of Edo State Against the backdrop of incessant hostility mounted on its operation, electricity consumers in Edo State, especially those… Continue reading Stop Attacks Against BEDC, 46 CSOs Warn

Fashola Tackles Leno Adesanya, Denies Diverting N219 Billion Mambila Power Project Mr. Babatunde Fashola Super Minister, Babatunde Raji Fashola, SAN, has finally responded to Leno Adesanya’s allegation that he diverted… Continue reading Fashola Tackles Leno Adesanya, Denies Diverting N219 Billion Mambila Power Project

Report Any Filling Station Selling Petrol Above N145′ NNPC GMD Tell Nigerians Dr. Maikanti Baru Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, has urged… Continue reading Report Any Filling Station Selling Petrol Above N145′ NNPC GMD Tell Nigerians

Fashola: FG, Stakeholders Working To Solve Power Supply Challenges Debunks report claiming Fashola absolved FG of power supply blames Mr. Babatunde Fashola, Honourable Minister of Power, Works and Housing (right)… Continue reading Fashola: FG, Stakeholders Working To Solve Power Supply Challenges

ANED Berates Gov Obaseki Over Row With BEDC  Governor, Edo State, Godwin Obaseki The Association of Nigerian Electricity Distributors, ANED, has lent its voice to the ongoing row between the… Continue reading ANED Berates Gov Obaseki Over Row With BEDC 

Oil falls, heading for biggest monthly slide since 2008 Oil rig Oil fell on Thursday bringing losses for the month so far to 23 per cent, marking its largest one-month… Continue reading Oil falls, heading for biggest monthly slide since 2008

Nigeria indecisive over oil output cuts as OPEC meets Ibe Emmanuel Kachikwu Indications emerged Wednesday that the Nigerian government is yet to decide whether it would participate in any production… Continue reading Nigeria indecisive over oil output cuts as OPEC meets

Nigeria to hit London Confab with mining opportunities An iron ore mining sit Nigeria is planning to unveil its investment opportunities in the mining industry to foreign investors. Mr Ishaku… Continue reading Nigeria to hit London Confab with mining opportunities

Stoning Fashola To Death Over APC Failed Power Promise Mr. Babatunde Fashola By Erasmus Ikhide Mr. Babatunde Raji Fashola, Minister of Works, Power and Housing should have been stoned publicly… Continue reading Stoning Fashola To Death Over APC Failed Power Promise