Energy

THERE IS SO MUCH TO DO TURNING POWER SUPPLY AROUND; AND WE SHALL DO IT – OSINBAJO VP Osinbajo *Additional 669MW coming this year *How we plan to close 5.3million… Continue reading THERE IS SO MUCH TO DO TURNING POWER SUPPLY AROUND; AND WE SHALL DO IT – OSINBAJO

NNPC Targets China To Boost Crude Oil Reserves Group Managing Director of NNPC Malam Mele Kyari The Nigerian National Petroleum Corporation (NNPC) says strategic partnership and new investments in the… Continue reading NNPC Targets China To Boost Crude Oil Reserves

Ogah Bows Out as Masters Energy Repositions for Excellence Dr. Uchechukwu Sampson Ogah The board of Masters Energy Group has constituted a new management following the resignation of Dr. Uchechukwu… Continue reading Ogah Bows Out as Masters Energy Repositions for Excellence

VP Osinbajo Receives Members Of Nigeria Liquified Petroleum Gas Association Vice President Yemi Osinbajo on Monday received in audience members of the Nigeria Liquified Petroleum Gas Association, led by its… Continue reading VP Osinbajo Receives Members Of Nigeria Liquified Petroleum Gas Association

VP Osinbajo commissions 2.8 MW solar hybrid power plant, other projects in Ebonyi L-R: Vice President Yemi Osinbajo; Gov. Dave Umahi of Ebonyi State and others during the commissioning of… Continue reading VP Osinbajo commissions 2.8 MW solar hybrid power plant, other projects in Ebonyi

OAU to go off national grid by October ending – VC Electricity Grid The Obafemi Awolowo University (OAU), Ile-Ife, Osun State may go off the national grid by October ending.… Continue reading OAU to go off national grid by October ending – VC

PRESIDENT BUHARI SETS TARGET FOR ELECTRICITY SECTOR, SAYS 11, 000 MGW ACHIEVABLE BY 2023 President Buhari President Muhammadu Buhari Monday in Abuja challenged stakeholders in the electricity sector to improve… Continue reading PRESIDENT BUHARI SETS TARGET FOR ELECTRICITY SECTOR, SAYS 11, 000 MGW ACHIEVABLE BY 2023

Refineries N141b losses surpass allocations to critical sectors Oil Refinery Stakeholders insist on assets commercialisation Refineries operated by the Nigeria National Petroleum Corporation (NNPC), recorded deficits running into N141billion within… Continue reading Refineries N141b losses surpass allocations to critical sectors

ABDULRAZAQ ISA BUILDING MODULAR REFINERY IN IMO, ANAMBRA. INVESTS N7BN. Mr. Isa Abdulrazaq, Chairman, Waltersmith Refining and Petrochemical Company Limited and the Refining under construction Waltersmith Refining and Petrochemical Company Limited… Continue reading ABDULRAZAQ ISA BUILDING MODULAR REFINERY IN IMO, ANAMBRA. INVESTS N7BN.

SEC directs Oando to suspend AGM SEC and Oando The Securities and Exchange Commission (SEC) on Monday directed Oando Plc to suspend its scheduled Annual General Meeting. The capital market… Continue reading SEC directs Oando to suspend AGM

Pictures: Fashola inspects FG’s 1mw Solar power plant at the Federal University, Ndufu Alike Ikwo, Ebonyi State Hon. Minister of Power, Works & Housing, Mr Babatunde Fashola, SAN(right) inspecting one… Continue reading Pictures: Fashola inspects FG’s 1mw Solar power plant at the Federal University, Ndufu Alike Ikwo, Ebonyi State

NIGERIA WILL CONTINUE TO INVEST IN RENEWABLE ENERGY – VP OSINBAJO VP Osinbajo (m) receives gift from CEO of TOTAL Group, Mr Patrick Pouyanne (l) The Federal Government of Nigeria… Continue reading NIGERIA WILL CONTINUE TO INVEST IN RENEWABLE ENERGY – VP OSINBAJO

India now Nigeria’s biggest crude oil buyer –Buhari L-R: President Buhari and High Commissioner of India to Nigeria, Mr Abhay Thakur. President Muhammadu Buhari on Thursday spoke of a growing… Continue reading India now Nigeria’s biggest crude oil buyer –Buhari

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