Thursday, November 28, 2024

MOMAN decries continues Subsidy Regime

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The Major Oil Marketers Association of Nigeria (MOMAN) has decried the continuation of petrol subsidy, saying it has effectively affected industry players to deal...
Daily fuel supply remains 68m litres, NNPC insists

Nigeria-Morocco gas pipeline: Nigeria signs MoU with Ghana, Gambia, Guinea Bissau

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The Nigerian National Petroleum Company Limited has signed five Memoranda of Understanding with the national oil companies and relevant entities of five African countries on...
Set aside risk funds to minimise impact, NNPC advises oil firms

NNPCL, partners begin devt of 1bn barrels Kolmani oil field

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President Muhammadu Buhari yesterday flagged off the Kolmani Integrated Development Project in Bauchi State, marking the commencement of efforts to commercially exploit oil in...
Power intervention fund jumps to N2.9trn

Group kicks against Sale of NIPPs

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The Future Group (TFG) has called for a halt in the proposed sales of five of the Nigerian National Integrated Power Project (NIPP), describing...
No inflation in Ajaokuta-Kaduna-Kano gas pipeline project- NNPC

N170 per litre for petrol not sustainable, landing cost is thrice the amount- NNPC

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The Group Managing Director, of Nigerian National Petroleum Company Limited (formerly Nigerian National Petroleum Corporation), Mele Kyari, has disclosed that NNPC cannot maintain a...
Discos revenue collection hit N127bn in first three months

Power Generation peaks at 4,735.1MW

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Nigeria’s power generation rose by three per cent to 4,735.1 megawatts, MW, from 4,594.6MW recorded last week. The Nigeria Electricity System Operator, a semi-autonomous body under...
NUPENG directs tanker drivers to withdraw service from Lagos

Another Fuel Scarcity Looms As NUPENG Threatens

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The Lagos State branch of the Nigeria Union of Petroleum and Natural Gas Workers have written to the Governor of Lagos State, Mr Babajide...
Afam Power Plant

Strike by electricity workers crashed power generation to 43MW- FG

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Data obtained from the Federal Ministry of Power has revealed that the recent one-day strike by workers of the Transmission Company of Nigeria crashed...

TotalEnergies’ Ikike Field To Yield 50,000bpd

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OML 99 operator, TotalEnergies has announced the commencement of production from the Ikike field in Nigeria, which is expected to deliver peak production of...

Preline Limited Takes Over Eterna Plc, Eyes LPG Sector

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Nigeria’s indigenous integrated energy company, Eterna Plc, has stated its commitment to make solid investment in Liquefied Petroleum Gas (LPG). The company also plans to...