Nigeria and several other members of the Organisation of the Petroleum Exporting Countries exceeded their oil production quotas in March, according to S&P Global Platts. Nigeria, which had also recently improved its compliance, saw a steady rise in its March…
The new load rotation implemented by the Ibadan Electricity Distribution Company Plc last month has worsened the blackout being experienced by residents of Magboro, Ibafo, Mowe and others. IBEDC said in a statement that its attention had been drawn to…
The Nigerian National Petroleum Corporation on Thursday announced plans to resume active oil exploration in Sokoto Basin. A statement issued in Abuja on Thursday by NNPC spokesperson, Kennie Obateru, said the corporation’s Group Managing Director, Mele Kyari, said exploration for…
…Plegdes commitment to provide more electricity for Nigerians in rural communities By Ogaga Ariemu As part of the efforts of the federal government to deliver electricity to about 25mllion Nigerians whose communities are off the grid, the Vice President, Yemi…
The Nigerian National Petroleum Corporation (NNPC), in collaboration with other stakeholders, is to establish a gas power plant in Maiduguri to address the problem of power supply in Borno. The Group Managing Director (GMD) of NNPC, Mr Mele Kyari, made…
The much talked about Petroleum Industry Bill, popularly called the PIB, is according to experts a comprehensive proposal to overhaul of the state’s approach to managing the oil and gas industry’s operations. Designed to address all aspects of the sector,…
Minister of State For Petroleum Resources, Chief Timipre Sylva, on Friday said the Nigerian Oil and Gas Park Scheme (NOGAPS) at Emeyal, Ogbia Local Government Area, Bayelsa will create at least 2,000 jobs on completion. It was reported that Sylva,…
The Nigeria National Petroleum Corporation (NNPC) has restated its commitment to the partnership with the Government of Kebbi State for the production of biofuels, describing the project as viable and in tandem with the global transition to renewable energy. The…
Ikeja Electric says it has received three latest International Organisation for Standardisation certifications in recognition of its effective implementation of occupational safety and health, environment management and quality management processes. The certifications are certifications ISO 9001:2015 (quality management system), ISO…
The payment made to the Federal Government by Shell companies in Nigeria plunged by 42.45 per cent in 2020 to the lowest in six years. Royal Dutch Shell said on Wednesday that its subsidiaries in Nigeria paid $3.24bn to the…
