The landing cost of Premium Motor Spirit, popularly called petrol, has dropped to N981/litre, according to data released by the Major Energies Marketers Association of Nigeria on Thursday. The petrol landing cost, around N1,130 in previous weeks, came down by…
Vice President Kashim Shettima has welcomed ExxonMobil’s proposed $10bn investment in Nigeria’s deep-water oil operations, describing it as a testament to the administration’s economic reforms and investment-friendly policies. This came as the international maritime giant, DP World, announced plans to…
By Umar Akilu Majeri Dutse. The Jigawa State Government has announced its intention to enter a partnership with Safa and Fresh International Limited, an indigenous energy company, to establish Compressed Natural Gas (CNG) conversion centers across all 27 local government…
The National Oil Spill Detection and Response Agency (NOSDRA) and Stakeholder Democracy Network (SDN), an NGO, have taken steps to reduce methane emissions in Nigeria. The Director-General of NOSDRA, Mr Chukwuemeka Woke, stated this when the Executive Director, SDN, Mr…
In a pivotal meeting with the Special Adviser to the President on Energy, Mrs. Olu Verheijen, a delegation from the Petroleum Technology Association of Nigeria (PETAN), led by Chairman Engr. Wole Ogunsanya, emphasised the urgent need to bolster indigenous capacity…
The federal government’s announcement of a 50 percent electricity tariff subsidy for public hospitals has been met with confusion as the Nigerian Electricity Regulatory Commission (NERC) denies receiving any such directive. Last month, the Minister of State for Health, Tunji…
Despite a gradual increase in efficiency in bill collection, the debt profile of Nigerian electricity users stands at N385.7 billion as of 2023. This was revealed in the annual report and accounts by the Nigerian Electricity Regulatory Commission (NERC).…
By Esther Agbo The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called for urgent reforms in the country’s oil and gas industry, citing concerns over energy security, crude oil theft, and the nation’s energy transition efforts.…
..Lifting petrol from Dangote Refinery will moderate FX pressure — Cardoso …As Okupe disagrees with Dangote on complete subsidy removal …Petrol price will crash if we lift directly from Dangote Refinery — Oil marketers By Seun Ibiyemi and Matthew Denis…
The Nigerian Electricity Regulatory Commission (NERC) has said it received 1,220,245 complaints through its customers’ complaints units in 2023, The commission said that metering and overbilling of consumers accounted for the highest complaints. This is contained in the commission’s 2023…
