The management of the Nigeria Bulk Electricity Trading Company (NBET) has revealed that it was working assiduously with the Nigerian Electricity Regulatory Commission (NERC) to provide a framework aimed to increase electricity production in the country. The framework according to…
Nigeria is witnessing massive local participation in the oil and gas industry following expedient implementation of the country’s Local Content Act, according to the Executive Secretary of the Nigerian Content Development & Monitoring Board (NCDMB), Engr. Simbi K. Wabote. Wabote,…
The Nasarawa State Governor, Engr. Abdullahi Sule says there are jubilations across Nasarawa State over the recently energised Lafia 2X150 MVA & 2X60 /132/33/330 KV Transmission Substation which was earlier completed by Niger Delta Power Holding Company Limited (NDPHC). President…
Oil prices dropped on Friday after major positive records during the week. The situation was influenced by prospect of extra supply from Iran returning to the market which outweighed fears of a possible Russian invasion of Ukraine, that could disrupt supply.…
The Minister of Power, Mr Abubakar Aliyu, says the Federal Government is willing to partner with investors in the power sector to improve power supply in the country. Mr Mathew Osumanyi Dan’asabe, Information Officer, Press and Public Relations, Ministry of Power,…
The Minister of Power, Mr Abubakar Aliyu, says the Federal Government is willing to partner with investors in the power sector to improve power supply in the country. Mr Mathew Osumanyi Dan’asabe, Information Officer, Press and Public Relations , Ministry…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) on Thursday, deployed seven ad-hoc surveillance teams to monitor petrol stations across Lagos State. The downstream petroleum regulatory agency also confirmed that 37 million litres of Premium Motor Spirit (PMS) was…
Partners for Petroleum and Energy Sector Prosperity Initiative (P-PESPI) an energy group, has appealed to President Muhammadu Buhari to appoint a substantive Managing Director (MD) for Transmission Company of Nigeria (TCN). P-PESPI said this in a statement by its Chairman,…
…Sees global energy demand rising by 28% in 2045 Bruno Jean-Richard Itoua, president of the Organization of the Petroleum Exporting Countries, has said that there is no “immediate solution” to high oil prices, The oil-producing countries’ capacity to increase crude…
By Uthman Salami The Nigerian Liquefied Natural Gas (NLNG) has faulted an online report of illegal export of oil allegedly by its top official. Recall that Sahara Reporters had published news story on 15th February 2022 under the caption: “EXCLUSIVE:…
