Dennis Udo-Udoma, Uyo Oil producing communities in Akwa Ibom have commended the Federal Government for imposing penalty on oil multinational companies flaring gas in Nigeria. The latest came from Akwa Ibom Oil Producing Community Development Network (AKIPCON); a Non –…
Eko Electricity Distribution Company (EKEDC) has solicited the support of electricity consumers and stakeholders in tackling energy theft and vandalism within its network. The Chief Executive Officer, EKEDC, Dr Tinuade Sanda made the appeal during a customer engagement forum organised by…
Seplat Energy says it is aware of a suit filed at the Federal High Court sitting in Abuja, by the Nigeria Immigration Service, acting for the Federal Government, against the company and some of its Directors and officers. The company…
The Managing Director, Nigerian National petroleum Commission Retail Ltd., (NRL), Mr Huub Stokman, has restated the company’s commitment to the Oil Trading and Logistics (OTL) Conference, 2023. Stockman said this when the OTL Advisory Board paid him a courtesy visit…
The new Managing Director of the Benin Electricity Distribution Company (BEDC) PLC, Mr Deolu Ijose on Wednesday solicited the support of customers for prompt payment of bills to increase availability of energy in its franchise states. Ijose made the call at…
By Seun Ibiyemi The Chief Executive Officer, Centurion Security Limited, Capt John Ojikutu (retd) has said that the Federal Government pays subsidy claims using arbitrary data. This is coming after the price of Premium Motor Spirit popularly called petrol has…
The Organization of Petroleum Exporting Countries, OPEC+ in March reported the biggest decline in their collective production in 10 months. According to data by Energy Intelligence, Nigeria and Russia recorded much production drop making the Organizations overall output to fall…
The Eastern Naval Command of the Nigerian Navy has arrested 27 vessels engaged in illegal bunkering and crude oil theft. They also deactivated 294 illegal refinery sites. The outgone Flag Officer Commanding, Eastern Naval Command, Rear Adm. Ibrahim Dewu, made…
Nigeria’s crude oil production growth dipped to 2.95 per cent month-on-month, in March 2023, to 1,268,202 barrels per day (bpd) from 1,306,304 bpd recorded in February 2023, the latest crude oil production status released by the Nigerian Upstream Petroleum Regulatory…
Speaker of the House of Representatives, Honorable Femi Gbajabiamila has said that the 2.4 bilion dollars revenue probe over alleged illegal sale of 48 million barrels of crude oil export from 2014-2015 is not a witch hunt. Gbajabiamila made the…
