NNPC reveals N6.33Bn profit for the month of May
The Nigerian National Petroleum Corporation (NNPC) announced a trading surplus of N6.33bn for the month of May, an amount which is 13 per cent...
Kaduna power plant to deliver 200MW to national grid
In six months time, Kaduna Power Plant will start delivering about 200MW of electricity to the national grid following the successful conclusion of arrangements...
Get your meter now, pay later- NERC
The Nigerian Electricity Regulatory Commission (NERC) has said electricity consumers will be able to obtain meters without upfront payment.
NERC said customers could get meters...
FG begins evaluation of 250 bids for gas flare points
The Federal Government has begun evaluating the statements of qualification submitted by about 250 firms for the commercialisation of gas being flared by oil...
NERC grants GEIL 40MW electricity generation license
In a bid to increase the growth of the country’s power generation, the Nigerian Electricity Regulatory Commission issued a licence to Green Energy International...
British firm seeks seizure of $9bn Nigerian assets over failed gas deal
A firm consolidated in the British Virgin Islands; Process and Industrial Developments Limited will ask a British court today for the right to seize...
NERC may revoke licences of DISCOs-Fashola
By Ignatius Ushie
Minister of Power, Works and Housing, Babatunde Fashola, SAN, has said the Nigerian Electricity Regulatory Commission (NERC) has the power to revoke...
NNPC exploring options to commercialise gas flares sites
The Nigerian National Petroleum Corporation declares it is exploring options for commercialising existing gas flare sites in the country.
The Group Managing Director, NNPC, Dr...
ExxonMobil considers sale of Nigerian oil and gas fields
Almost 2 and also a half years after going out Nigeria's downstream oil industry, ExxonMobil is actually analyzing the sale of some oil as...
N325.54bn not remitted by Discos in 10 months- NBET
A total of N325.54 bn was not remitted by the Power distribution companies (Discos) in the country to the Nigerian Bulk Electricity Trading Plc....
