The Nigerian Union of Petroleum and Natural Gas workers, NUPENG, has issued the Federal Government a two-week strike notice, raising the possibility of fuel scarcity across the country in the coming weeks. NUPENG members basically control the downstream arm of…
By Ogaga Ariemu The Nigerian Electricity Regulatory Commission (NERC), on Monday said it has approved the installation of 4 million free meters under the first phase of the National Mass Metering Programme (NMMP). In a statement, the power sector regulator…
The enacted Petroleum Industry Act (PIA) 2021 and its implementation, will face scrutiny by industry professionals, policy makers and stakeholders at the 2022 Nigeria International Energy Summit (NIES 2022), a statement from the organisers on Monday has said. According to…
National Oil Spills Detection and Response Agency (NOSDRA) on Thursday, said that the oil spill reported at an oil well within Oil Mining Lease (OML) 29 was yet to abate, officials of the agency who visited the site have reported.…
The Board of Directors of Seplat Energy Plc has notified the Nigerian Exchange Limited (NGX) and the general public of the resignation of Mr Xavier Rolet as Independent Non-Executive Director of the company, effective from 11th of November, 2021. The…
Nigeria must as a matter of principle and policy optimize the use of gas to provide electricity for Nigerians. This was disclosed by the Managing Director/Chief Executive Officer of the Niger Delta Power Holding Company, Chiedu Ugbo, in an interview…
Government of Morocco is about setting up a downstream division of state-owned ONHYM to manage domestic natural gas infrastructure, including a project to deliver gas by pipeline from Nigeria to Morocco through 13 countries. A source at ONHYM who confirmed…
Electricity consumers willing to pay for meters will have to incur higher costs beginning from November 15, 2021 as the Federal Government has increased the prices of both single-phase and three-phase meters. But consumers have kicked against the move and…
The Bayelsa Government has called on youths to support the fight against oil bunkering, illegal refining and other unwholesome activities that impact negatively on oil production and revenues accruing to the state. The Deputy Governor, Mr Lawrence Ewhrudjakpo, made the…
The Nigerian Content Development and Monitoring Board (NCDMB) has rounded off a two-day Corporate Governance workshop for companies that benefitted from its equity investments or partnerships in project development. Welcoming participants, the Director, Legal Services, Barr. Mohammed Umar hinted that…
