By Uthman Salami The Federal Government had reiterated its commitment to achieving self-sufficiency and net exporter of energy resources by 2026. The Group General Manager, National Petroleum Investment Services (NAPIMS), Bala Wunti made this revelation while speaking at the 2022…
The Shell Petroleum Development Company (SPDC) has signed a contract to acquire drones to monitor its pipelines and wellheads in the Niger Delta. SPDC’s General Manager, External Relations, Mr Igo Weli made this known at a news conference in Port…
Eko Electricity Distribution Company (EKEDC) has solicited the support of the Lagos State Police Command in curbing assault on its employees and vandalism of electrical equipment. Mr Godwin Idemudia, the General Manager, Corporate Communications, EKEDC, made this known in a…
The Nigeria Security and Civil Defence Corps (NSCDC), Osun State Command and Ibadan Electricity Distribution Company (IBEDC), have partnered to put a stop to energy theft and vandalism in the State. NSCDC and management of IBEDC Osun region convened a…
By Uthman Salami The Minister of State for Petroleum Resources, Timipre Sylva has canvassed for the deployment of available technologies to change fossil fuel source in the face of global energy transition. He said this while speaking at the 2022…
Seplat Energy Plc, a leading Nigerian energy company listed on the Nigerian Exchange and the London Stock Exchange, has announced that it has begun commercial injection of crude oil through the new Amukpe-Escravos Pipeline. The 67km mostly underground pipeline is…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has commenced to review the midstream and downstream petroleum regulations to provide the industry with laws and policies to enable investment in the sector. The Minister of State for Petroleum Resources,…
By Abimbola Abatta The Federal Government has been slammed following its failure to pay the 11 Distribution Companies (DisCos) N100 billion subsidy on electricity. The Association of Nigerian Electricity Distributors (ANED) made this known in a statement by its Executive…
Decklar Petroleum has announced that its Oza-1 well at the Oza Oil Field is now producing at a stable rate. According to a statement, the well has reached an average, stabilised production rate of 1,184 barrels of oil per day…
Energy giant Chevron Corp. increased its share buyback guidance on Friday after posting its biggest quarterly earnings ever, built on strong fuel margins and high prices for natural gas and oil. Chevron’s move on potentially boosting share repurchases follows those…
