Rainoil Ltd., an integrated energy company, says it is committed to promoting healthy living, fitness and bonding among its employees. A statement issued on the company’s website on Monday said Dr Gabriel Ogbechie, the Managing Director, made this known during…
The energy crisis appears not to be easing off as the southeast states of Abia, Anambra, Ebonyi, Enugu and Imo are expected to experience power outages following a system collapse announced by the Enugu Electricity Distribution Company (EEDC). This disclosure…
The Nigerian Content Development and Monitoring Board (NCDMB) and the National Insurance Commission (NAICOM) have signed insurance services guidelines which would oblige the oil and gas industry to patronise the local insurance sector. A statement issued on Monday by the…
…Says bypass has made Company lost enormous resources By Uthman Salami Ikeja Electricity Distribution Company (Ikeja DisCo) has discovered that 34,000 prepaid meters belonging to customers are not recharging, the company reveals. The Disco said it has this year metered…
The management of Ibadan Electricity Distribution Company (IBEDC) Plc has appealed to its numerous customers in some parts of Ogun State over power outages. This is contained in a statement made available to journalists by Mr Akin Abiodun, the Chief…
The price of the Organisation of the Petroleum Exporting Countries (OPEC) basket of 13 crude oil samples stood at 123.21 dollars per barrel as at Thursday. This is compared to 121.54 dollars per barrel recorded on Wednesday. This is according…
The Nigerian National Petroleum Company, (NNPC) Limited has earned about N1.7trillion from crude oil sales in the last 12 months. According to the Corporations monthly and financial report for August, the sum was earned from March 2020 to March 2021…
Indigenous energy provider Quest Oil Group on Thursday inaugurated a retail station in Benin, the Edo capital in its bid to deepen job creation and sustainable energy. In his remarks at the inauguration, Mr Dele Goke, its Chief Executive Officer,…
The Secretary-General, Organisation of the Petroleum Exporting Countries (OPEC), Mr Mohammad Barkindo, on Wednesday lauded the 2016 multilateral Declaration of Cooperation (DoC) between OPEC and non-OPEC producers. Barkindo said it was one of the major developments that had affected the…
Oil giant Shell is preparing to receive two final offers for its onshore oil and gas fields in Nigeria this week from local companies. Heirs Oil and Gas and ND Western are competing for Shell’s 30 per cent stake in…
