European Union ministers in charge of energy were due to meet on Tuesday in Brussels in a fresh attempt to agree on limiting the price of gas. The European Commission in November had proposed capping the price of gas traded…
Shell Companies in Nigeria have been named the best local content operators at the 2022 annual industry dinner and awards ceremonies of the Petroleum Technology Association of Nigeria (PETAN). The dinner and awards was held in Port Harcourt, Rivers. This…
The Federal Government said a total of 105 Power Transformer projects were completed between 2015 to 2022, adding a capacity of 6,216MVA to the national grid. The Minister of Power, Abubakar Aliyu disclosed this on Tuesday in Abuja at the…
Geregu Power Plc is targeting to achieve N17.12 billion in revenue during the first quarter of 2023. This is contained in its Q1 2023 earnings forecast released via the Nigerian Exchange (NGX). The company is projecting to rake in N1.75…
By Gloria Akudoro, Abuja. The Minister of Mines and Steel Development, Arc. Olamilekan Adegbite has said that the Nigeria Mining and Metal Sector is set to witness increase interest of foreign investors as a result of the successes recorded by…
Shell Nigeria says it has distributed relief materials worth one million dollars to flood-impacted states in the country. The company’s Media Relations Manager, Mrs Abimbola Essien-Nelson, said this in a statement on Sunday in Lagos. Essien-Nelson said the relief materials…
Christian Ejike Anigbo, aged 31 has been arraigned by the Police before an Ikeja Magistrate Court and subsequently remanded at the Kirikiri Correctional facility for by-passing electric meter belonging to Ikeja Electric. According to an eye witness, Christian Ejike Anigbo…
The Declaration of Cooperation (DoC) between Organisation of Petroleum Exporting Countries (OPEC) Member Countries and 10 non-OPEC oil-producing countries turned six on Saturday Dec. 10, 2022. On this date in 2016, OPEC Member Countries and Azerbaijan; the Kingdom of Bahrain;…
Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter in Africa, is pleased to announce the completion of its acquisition of ExxonMobil’s entire upstream and midstream asset portfolio in Chad and Cameroon, including…
Indigenous operators and service companies in the oil and gas industry have been advised to identify with appropriate Sectoral Working Groups under the Nigerian Content Consultative Forum (NCCF) to be able to receive adequate attention on operational difficulties of whatever…
