Seplat Petroleum Development Company Plc has appointed Mr Okechukwu Mba as the new Managing Director of ANOH Gas Processing Company (AGPC) Limited, the Incorporated Joint Venture (“IJV”) between Seplat and the Nigerian Gas Company (“NGC”), a wholly-owned subsidiary of Nigerian…
The Transmission Company of Nigeria (TCN), a power utility positioned by the Federal Government to advance operations in the private-led power sector is no doubt living up to its mandate. TCN is at the middle of the power sector value…
…Increases Gas Supply to Power Plants by 8.60% The Nigerian National Petroleum Corporation (NNPC) has announced that its downstream subsidiary, the Petroleum Products Marketing Company (PPMC), recorded a total of ₦158.04 billion from the sales of white products in the…
By Ogaga Ariemu The Transmission Company of Nigeria (TCN), a power utility positioned by the Federal Government has attributed power outtage to Electricity Distribution Companies(DisCos), reinterated commitment to further expand Nation’s grid. This disclosure was made to Nigerian Newsdirect Newspaper …
The CBN says Nigeria’s Foreign Exchange Reserves rose from 34.94billion dollars in November 2020 to 36.23billion dollars as at Jan 21, 2021. CBN Governor, Godwin Emefiele, said at the January Monetary Policy Committee (MPC) meeting of the bank, which began…
The Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Dr Mohammad Barkindo, says the oil and gas sector will still supply over 50 per cent of the global energy needs by 2045. Barkindo made that assertion while presenting…
The National Engineering and Technical Company (NETCO), has facilitated the training of 17 unemployed graduates from Iru Community, Iru -Victoria Island Local Council Development Area of Lagos State with vocational skills. The beneficiaries graduated on Wednesday after a three-month residential…
The ongoing trial of Abubakar Ali Peters, chairman, Nadabo Energy, for an alleged N1.4 billion oil subsidy fraud, continued on January 26, 2021 with Justice C.A. Balogun of a Lagos State High Court, Ikeja admitting in evidence more documents against…
As part of government efforts in improving accessibility to off-grid electricity in Lagos State, Governor Babajide Sanwo-Olu has signed a memorandum of understanding (MoU) with the British Government funded Africa Clean Energy Technical Assistance Facility (ACE TAF). The four-year programme…
The production policies of the non-member countries of the Organisation of Petroleum Exporting Countries (OPEC+) and pandemic’s path will continue to drive global oil prices in the year and result in global oil demand declining marginally in the first quarter…
