Nigeria’s newest crude, Anyala, set for Europe
The first export cargo of Nigeria’s newest crude grade, Anyala, is on its way to Northwest Europe, trading and shipping sources said on Monday.
This...
No leakage or spill incident at any of our facilities- Chevron Nigeria
Chevron Nigeria Limited has declared that there was no leakage or spill incident at any of its facilities in Bayelsa.
The oil major said this...
N94.8M Petroleum Industry Bill’s flyers unacceptable- Senate
The Senate Public Account Committee has described the payment of N98.4m by the Petroleum Resources Ministry for the printing of leaflets as unacceptable.
According to...
PHCN: Senate opens investigation into N387M loss
The Senate Public Account Committee has opened an investigation into how the Federal Government allegedly lost N387m withholding tax to a Canadian company, CPCS...
Nigeria’s crude oil production hit record low in December- OPEC
According to the Organisation of the Petroleum Exporting Countries, crude oil production in Nigeria tumbled by 155,000 barrels to a record low in December...
96 firms interested in rehabilitating downstream infrastructure- NNPC
The Nigerian National Petroleum Corporation has revealed that about 96 companies from various jurisdictions have indicated an interest in undertaking the rehabilitation of the...
Ardova Plc in talks to acquire Enyo
Ardova Plc and the shareholders of Enyo Retail and Supply Limited have reportedly have entered discussions relating to AP acquiring Enyo.
A statement signed by...
IBEDC begins distribution of 104,000 free meters
The Ibadan Electricity Distribution Company, in Ibadan, Oyo State, commenced the distribution of 104,000 free meters under the Federal Government National Metering Scheme.
A total...
Egbin, Shiroro power plants output hits record high
Electricity generation from the nation’s largest power station, Egbin, and one of the hydropower plants, Shiroro, surged to record highs on Tuesday.
Total electricity generation...
No plans for petrol, power subsidy- FG
The Minister of Finance, Budget and National Planning, Zainab Ahmed, has revealed that the Federal Government is not subsiding Premium Motor Spirit, popularly called...
