The Minister of Power, Mr Abubakar Aliyu says the ministry will ensure that the changes in corporate governance do not impact on the service and stability of the Distribution Companies (DisCos). Mal Isa’ Sanusi, Special Adviser on Media to the…
By Uthman Salami The Managing Director, TotalEnergies EP Nigeria Ltd., Mike Sangster said crude oil theft has become an organised crime, making the country lose about $10 million daily in accrued revenue. Sangster made the revelation at the Nigerian Oil…
The Ministry of Petroleum Resources said it has set up an Oil and Gas Investment centre which would act as a one-stop Oil and Gas Investment centre to spur Foreign Direct Investments (FDIs). It said the centre would be reciprocated…
By Uthman Salami An indigenous oil and gas company, ND Western Ltd., said it is ready to take the Final Investment Decision (FID) on its 10,000 barrels per day refinery in Uturogu, Delta State. The Managing Director, ND Western Ltd.,…
The Nigerian government has announced the restructuring of five electricity distribution companies, also known as DISCOs, in the country. This was contained in a statement jointly signed on Tuesday by the Executive Chairman of the Nigerian Electricity Regulatory Commission (NERC),…
By Uthman Salami, Abuja and Gloria Akudoro, Abuja The Organisation of the Petroleum Exporting Countries (OPEC) has said the oil and gas industry is under the siege considering the current evolving geopolitical developments events in Eastern Europe. He said the…
The Minister of State for Petroleum Resources, Timipre Sylva said the Federal Government is providing a lot of enablers needed to realise the full potential of the gas sector. Sylva made this known while speaking at the opening ceremony of…
By Uthman Salami, Abuja The Group Chief Executive Officer of Oando Plc, Adewale Tinubu said Nigeria is losing about 20 per cent of its crude oil production to smugglers and pipeline vandals daily. The Oando boss made the disclosure while…
By Uthman Salami, Abuja TotalEnergies Exploration and Production Nigeria Ltd. has further reaffirmed its commitment to nipping energy poverty in Nigeria in the bud bearing in mind the Federal Government’s vision. The Deputy Managing Director, Deep Water, TotalEnergies Nigeria, Mr Victor…
By Uthman Salami, Abuja The Nigerian Content Development and Monitoring Board (NCDMB) said the Federal Government has officially gazetted seven Nigerian Content Ministerial Regulations in April 2021, which are meant to strengthen the oil and gas industry. The Executive Secretary…
