The Association of Nigerian Electricity Distributors (ANED), an association of the 11 electricity distribution companies(DISCOS) in Nigeria, has confirmed that the silent electricity tariff increase only affected customers in Band A and C, while customers under other bands are not…
Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, has said that the country can achieve 2.2 million barrels per day crude oil production output in 2023. He stated this during the 13th Global…
Chevron has debunked rumours of its exit from the Nigerian oil space. In a statement made available to Nigerian NewsDirect, it said, “Chevron Nigeria Limited (“CNL”), operator of the joint venture between the Nigerian National Petroleum Corporation(NNPC) and CNL is…
Once new European Union restrictions on Russian oil products come into force on February 5, Russia could face losses of around $300 million per day, a new report from a Finnish research center predicts. The report, by the independent Helsinki-based…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the commencement of the 2022 deep offshore mini-bid round, promising that the process would be transparent and competitive. The Seven blocks on offer, are Blocks PPL-300-DO, PPL-301-DO and PPL-302-DO are located…
Nigeria could attain 2.2 million barrels crude oil production level in 2023, but for the Organisation of Petroleum Exporting Countries (OPEC) oil production quota restriction, the group chief executive officer of the Nigerian National Petroleum Company, Mele Kyari, has said.…
The Enugu Electricity Distribution Company (EEDC), says customers will obtain their prepaid meters 48 hours after they enroll in the ongoing mobile Metre Asset Provider (MAP) programme. The Chief Technical Officer of EEDC ,Mr Vicent Ekwekwu said this at the…
Experts at KPMG Nigeria have reviewed the expected oil production rates for the year 2023 and they think the goal can be met if only these issues are tackled by the government. The Regional Senior Partner (Nigeria and West Africa), Tola…
Benin Electricity Distribution Company (BEDC) has banned its staffers from collecting cash from customers in its franchise states of Edo, Delta Ondo and Ekiti. Managing Director of BEDC, Dr Henry Ajagbawa, announced the ban during a meeting with billing and…
A seven-year-old crude oil theft point has been uncovered on the Trans Niger Pipeline operated by the Shell Petroleum Development Company (SPDC) of Nigeria Limited in Nonwa-Uedume community, Tai Local Government Area of Rivers State. The theft point of one…
