The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has accused indigenous oil producers in the country of producing sub-standard petroleum products. Speaking with journalists, Chief Executive of the NMDPRA, Farouk Ahmed disclosed that in terms of quality, Dangote’s current…
The National Bureau of Statistics (NBS) says the average retail price of a litre of petrol increased from N545.83 in June 2023 to N750.17 in June 2024. It made the declaration in its Petrol Price Watch for June 2024 released…
The National Bureau of Statistics (NBS) says the average retail price of a litre of petrol increased from N545.83 in June 2023 to N750.17 in June 2024. It made the declaration in its Petrol Price Watch for June 2024 released…
Sahara Group Foundation, the social impact vehicle of energy conglomerate, Sahara Group, has signed a Memorandum of Understanding (MOU) with the Nigeria Philanthropy Office (NPO) to facilitate impactful philanthropic and investment support for Micro Small and Medium Enterprises (MSMEs) in…
…Pledges support to NNPC Ltd The National Assembly has thrown its weight behind NNPC Ltd’s ongoing efforts to boost Nigeria’s crude oil production and grow its reserves, saying it will consider stiffer consequences for crude oil thieves and vandals of…
French oil major, TotalEnergies, is planning to sell its onshore oil asset in Nigeria to an indigenous oil company, Chappal Energies, for the sum of $860 Million, as per Bloomberg report. The deal, set to be finalised by December 31,…
The Federal Government has restated its commitment to supporting ongoing efforts by Chevron Nigeria Limited (CNL) at boosting gas supplies to the domestic market in Nigeria. This is contained in a statement issued by Spokesman for the Minister of State…
The Minister of Power, Mr Adebayo Adelabu has inaugurated the Ministerial Power Sector Working Group to serve as a platform for supervisory, monitoring and oversight control of the power sector. Adelabu, while speaking at the inauguration in Abuja, said that…
President Bola Tinubu on Wednesday disclosed that Nigeria has attracted over $2 billion in investment in the renewable energy sector, making it a fast-growing sector in the economy. Tinubu stated this on Wednesday during the opening session of the African…
The National Assembly has thrown its weight behind NNPC Ltd’s ongoing efforts to boost Nigeria’s crude oil production and grow its reserves, saying it will consider stiffer consequences for crude oil thieves and vandals of the nation’s critical hydrocarbon infrastructure.…
