COVID-19: Reps proposes two months free electricity supply
The House of Representatives has stated that it is considering a stimulus bill that will ensure that Nigerians get free electricity supply for two...
NNPC on tension as PENGASSAN threatens strike
Following the threat of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) that it may embark on industrial action, there was...
NNPC signs $1.5bn oil prepayment deal with traders
The Nigerian National Petroleum Corporation (NNPC) has reportedly signed a $1.5bn prepayment deal which was led by Standard Chartered and backed by two oil...
Edo 6,000bpd modular refinery at 95% completion
The Federal Government on Thursday inspected the modular refinery project in Ologbo, Ikpoba Okha Local Government Area of Edo State which has reached 95...
30% of Nigeria’s petrol smuggled out- Oil marketers
The Major Oil Marketers Association of Nigeria has disclosed that the absence of subsidies in neighbouring countries created the incentive to smuggle about 30...
Discos follows NERC directive, suspends electricity tariffs
Power distribution companies have begun to comply with the order of the Nigerian Electricity Regulatory Commission by suspending the September 1, 2020 tariff increase.
The...
NNPC reports Explosion in OML 40 Facility managed by Partners
The Nigerian Petroleum Development Company (NPDC), an upstream subsidiary of the Nigerian National Petroleum Corporation, has reported an explosion at a production facility in...
Discos selling prepaid meters to face stiff measures- Buhari
President Muhammadu Buhari has reiterated his resolve to impose stiff measures to any of the Discos or their agents selling prepaid meters to their...
PMB approves Sajou as ED of REA
President Muhammadu Buhari has approved the appointment of Engr. Barka Joda Sajou as Executive Director Technical Services, Rural Electrification Agency REA, and representative, North...
NUPRC To Tackle Funding Challenges Facing Companies
The Nigerian Upstream Regulatory Commission, (NUPRC), has moved to ease funding challenges faced by Nigerian companies that won 57 marginal fields in June last...
