Nigeria loses at least 700,000 barrels of crude oil to thieves daily, Minister of State for Petroleum Resources, Chief Timipre Sylva said in Effurun, Delta on Saturday. He made the assertion at the 2002 graduation of students of Petroleum Training…
The Nigerian Bulk Electricity Trading PLC says it plans to increase power supply to 5, 500 Megawatts (MW) in 2023 to boost electricity in the country. The Managing Director (MD)of NBET, Mr Nnaemeka Ewelukwa said this on Wednesday in Lagos…
Chevron Corporation has reported earnings of $11.2 billion for the third quarter 2022, which represents a significant increase when compared with $6.1 billion in the same period 2021. Sales and other operating revenues in third quarter 2022 were $64 billion,…
By Ibiyemi Mathew TotalEnergies has reached the milestone of 500 MW of onsite B2B solar distributed generation in operation. In a press statement, the company revealed that more than 300 sites of its industrial and commercial customers have been equipped…
President Muhammadu Buhari has expressed delight as he witnessed signing of the Memorandum of Understanding (MoU) between Nigerian National Petroleum Company Ltd and Daewoo Group for the rehabilitation of the Kaduna refinery. Mr Femi Adesina, the President’s Special Adviser on…
By Ibiyemi Mathew The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has commissioned GIL Automations’ cable tray and switchgear factory and the opening of its new building. The commissioning which held in…
The Executive Board of the West African Power Pool (WAPP) has adopted a new work document and budget for 2023. General Manager, Public Affairs, Transmission Company of Nigeria (TCN), Mrs Ndidi Mbah disclosed this in a statement in Abuja on Thursday.…
By Ibiyemi Mathew The Nigerian Electricity Management Services Agency (NEMSA) has celebrated this year’s edition of the customer service week. The MD/CEO of the Nigerian Electricity Management Services Agency, (NEMSA) and Chief Electrical Inspector of the Federation, Engr. Aliyu Tahir…
President Muhammadu Buhari on Wednesday in Seoul, South Korea, expressed Nigeria’s desire to widen the scope of trade relations with the Republic of Korea beyond gas exports. Mr Femi Adesina, the President’s Spokesman in a statement said Buhari was speaking…
The Nigeria LNG Ltd. (NLNG) has called on stakeholders in the domestic Liquified Petroleum Gas (LPG) value chain to invest in the supply of the product to ensure reliable and steady supply. The company made the call in a statement…
