Crude oil demand will still be high after 2040- NNPC GMD
The Nigerian National Petroleum Corporation Group Managing Director- Mallam Mele Kyari, has stated that fossil fuel will remain relevant in the global energy mix...
Border closure has reduced smuggling of petrol – NNPC
The Nigerian National Petroleum Corporation has revealed that the recent closure of Nigeria’s borders has significantly led to a decrease in the smuggling of...
DSS to assist NNPC recover debts, protect assets
The Group Managing Director of the Nigerian National Petroleum Corporation- Mr Mele Kyari, has requested the assistance of the Department of State Services...
NLNG Train-7 project FID to be concluded soon
The Minister of State for Petroleum Resources- Chief Timipre Sylva, has instructed all agencies in the ministry to work to ensure that the final...
Agip discovers significant gas and condensate in Niger Delta
Eni- an Italian oil major player has revealed that it has obtained a huge gas and condensate discovery onshore Niger Delta.
Eni disclosed this on...
Nigeria emerge as third largest supplier of oil to India
Nigeria increased its ranking as it emerges as the third-biggest oil supplier to India in July, replacing Venezuela, which slid to number four.
India imported...
Kano Disco faces Liquidation
By Ignatius Ushie
The Transmission Company of Nigeria (TCN) says it has recommended to the government that the Kano Electricity Distribution Company (Kano DisCo) should...
LNG projects in Africa to attract $103Bn investments
Liquefied Natural Gas projects in Nigeria, Egypt, Mozambique and subsequently on the African continent are foreseen to attract nearly $103bn investments this year.
According to...
Increased electricity charges reached after consultations- NERC
The Nigerian Electricity Regulatory Commission has stated that the proposed increase in electricity tariff was reached through consultation with Electricity Distribution Companies and stakeholders...
Power sector to receive N600Bn intervention fund from FG
The power sector is set to receive another intervention worth N600bn from the Federal Government in earnest.
President Muhammad Buhari recently signed for the release...
