Friday, March 29, 2024
No crude oil refined in refineries with N142.07bn operating cost- NNPC

Nigeria's crude oil production fell to record low last month

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The Organisation of Petroleum Exporting Countries has revealed that Nigeria’s crude oil production fell to a record low of 1.57 million barrels per day...
Power generation hits another all-time peak of 5,520.4MW

President Buhari approves committees for Mambilla Power Project

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President Muhammadu Buhari has approved the organisation of two committees for the Mambilla Hydroelectric Power Project in Taraba State. He approved the Inter-ministerial Steering Committee...
We are unable to guarantee the safety of oil workers- Host communities

Russian to partner NNPC in gas and power sectors

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Russia has declared its readiness to partner the Nigerian National Petroleum Corporation in the development of Nigeria’s upstream, gas and power sectors. This was made...
Discos revenue collection hit N127bn in first three months

Total power generation hit 4,898.2MW for 2020

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The total quantum of electricity generated on the national grid since the beginning of 2020 reached a peak of 4,898.2 megawatts on Wednesday, the...

United States reduce flights to Cuban airports

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The United States on Friday sharply reduced flights permitted to go to Cuba in efforts to reduce tourism revenue to the communist island. Secretary of...

DPR to collaborate with NSCDC to tackle Kaduna illegal gas operators

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The Department of Petroleum Resources will collaborate with the Nigeria Security and Civil Defence Corps to tackle the activities of illegal retail gas operators...

NLNG pay $7bn tax, $15bn dividend to FG

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The Nigeria LNG Limited has announced that it has paid over $7bn as taxes and distributed more than $15bn as dividend to the Federal...

NLNG takes final investment decision on Train 7 project

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The Nigeria LNG Limited shareholders have taken the long-awaited final investment decision on the company’s Train 7 project. The NLNG made the announcement on Friday...

DPR express concerns over exploration of oilfields

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A number of oilfields in Nigeria will reach the end of their shelf life in the next 10 years if nothing is done, the...
Buhari to inaugurate Ajaokuta-Kaduna gas pipeline in Kogi

Sarki Auwala named as new DPR Director by Presidency

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President Muhammadu Buhari on Wednesday appointed Mr Sarki Auwalu as the substantive Director, Department of Petroleum Resources. He is to serve “for an initial term...