Discos to pay for rejected electricity load- NERC
The Nigerian Electricity Regulatory Commission has announced that power distribution companies (Discos) that reject electricity load due to constraints in their networks will now...
Court grants injunction blocking Shell’s bank accounts
The Federal High Court in Lagos has granted an interim injunction directing Nigerian banks to block the accounts of Shell Petroleum Development Company of...
Blackout as national power grid collapses
The nation’s power grid has suffered its first collapse this year, plunging parts of the country into a blackout.
Two of the electricity distribution companies...
Fuel Scarcity: DPR warns depot owners against hoarding
The Department of Petroleum Resources has issued a warning to fuel depot owners against hoarding petroleum products in their facilities.
The Director, DPR, Mr Sarki...
FG spends N50bn monthly subsidising electricity- Power Minister
The Minister of Power has revealed that the Federal Government has been subsidising electricity supply across the country to the tune of over N50bn...
Total joins Maersk MC-Kinney Moller Centre for Zero Carbon Shipping
Total has joined the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping as a strategic partner and accelerates its R&D program for carbon-neutral shipping...
NNPC rallies Industry Stakeholders for Upstream Cost Optimization
By Ignatius Ushie
The Nigerian National Petroleum Corporation (NNPC) has called on stakeholders in the oil and gas industry to join in working towards reducing...
Kyari commends President Buhari’s Non-Interference in NNPC
By Ignatius Ushie
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has commended President Muhammadu Buhari for giving the...
Refineries lost N152,08bn after 15 idle months- NNPC
The Nigerian National Petroleum Corporation has announced that the nation’s refineries lost a total of N152.08bn in 15 consecutive months of being idle.
Analysis of...
1.5tn intervention in power sector made no impact- TCN
The Transmission Company of Nigeria has declared that the N1.5tn intervention of the Federal Government in the power sector is not reflecting in the...