Minister of State for Power, Prince Goddy Jeddy-Agba, performed the ground-breaking for the construction of 2×30/40MVA substation on behalf of President Muhammadu Buhari on Monday at Ibiono Ibom in Akwa Ibom, The project, costing N6.8 billion is expected to improve…
The Nigerian National Petroleum Company Ltd., (NNPC Ltd.) says it has 1.805 billion litres of petrol in stock. Its spokesman, Malam Garbadeen Muhammad, stated in Abuja on Monday that the volume of petrol in stock would last for 30 days.…
The Nigeria Security and Civil Defence Corps in Lagos State has confirmed the recovery of 3,896 litres of stolen Premium Motor Spirit, otherwise known as petrol from suspected oil thieves in the Badagry area of the state. The Public Relations…
By Ibiyemi Mathew Approximately 40% of the volumes credited to crude losses in the Nigerian petroleum industry are actually attributable to measurement inaccuracies and not theft as often reported. The Chief Executive of the Nigerian Upstream Regulatory Commission (NUPRC), Engr…
Many residents of Kubwa, a surburb of the Federal Capital Territory (FCT), are counting their losses following the power outage in most parts of the area for over four weeks. Some of the residents who in Abuja on Sunday, said…
The investment in the global oil and gas upstream sector has increased by 39 per cent to $499billion in 2022, the highest level since 2014 and the most significant year-on-year gain in history. This was according to a new report by…
The Nigerian National Petroleum Company Limited has completed the rehabilitation of the pipeline at the Satellites depots area, The PUNCH has learnt. The repairs were carried out through the NNPCL subsidiary, NNPCL Pipeline and Marketing. Chairman, of Satellite Depots, Akin…
The Honourable Minister of State for Petroleum Resources, Chief Timipre Sylva will on Tuesday perform the groundbreaking of the Oloibiri Museum and Research Center (OMRC), in Ogbia Local Government of Bayelsa State on behalf of President Muhammadu Buhari, GCFR. The…
The Nigerian National Petroleum Company Limited, NNPC Limited has said that Nigeria spent over N400bn monthly on fuel subsidy. Its Group Chief Executive Officer, Mele Kyari, disclosed,who disclosed this Friday in Abuja at the ongoing Final Cutover to NNPC Ltd,…
Africa Energy Outlook 2023 Webinar organised by AOGS Energy Resources Limited assembles expert panel to unpack the strategic issues likely to influence business and policy outcomes for Africa Energy in 2023. The CEO, AOGS Energy Resources Limited, Emmanuel Emielu, Ph.…
