The Independent Petroleum Marketers Association of Nigeria has secured an agreement with Dangote Refinery to lift products directly. IPMAN’s National President, Abubakar Garima, announced this at an ongoing press briefing on Monday in Abuja, following a meeting of the National…
The Crude Oil Refinery Owners Association of Nigeria has warned the Federal Government to be cautious in granting import licences to petroleum traders for the importation of refined products. CORAN’s comment came amid the controversy between the Dangote Petroleum Refinery and…
The Speaker of the House of Representatives, Hon. Tajudeen Abbas has pledged the support of the National Assembly for the ongoing reform of the Nigerian power sector, and called for collaboration amongst all stakeholders to improve the reliability of the national…
Enugu Electricity Distribution, now known as Mainpower Electricity Distribution Limited, has announced that customers yet to upgrade their meters stand to lose them after November 24, 2024. The company made this disclosure on Friday in a statement. The company said…
The Nigerian National Petroleum Company Limited (NNPC Ltd) has issued a statement debunking claims made in a viral video that alleged the sale of adulterated fuel at an NNPC Retail outlet near the Keffi Flyover. The video shows an individual…
Oando is targeting a production of 100,000 barrels per day (bpd) by 2028, following its landmark acquisition of Eni’s Nigerian Agip Oil Company (NAOC) earlier this year, the company has disclosed. During a Fireside Chat at the African Energy Week:…
The Minister of Petroleum Resources (Oil), Heineken Lokpobiri, has addressed concerns about the potential exit of international oil companies (IOCs) such as Shell, ExxonMobil, and Eni, following ongoing divestment deals. Speaking on the sidelines of the African Energy Week in…
By Seun Ibiyemi The Transmission Company of Nigeria (TCN) announced that the national grid experienced a significant disturbance this morning at approximately 11:29 AM, due to a sudden frequency spike from 50.33Hz to 51.44Hz. In a statement made available by…
The Minister for Power, Adebayo Adelabu has ordered the Transition Company of Nigeria (TCN) and other relevant agencies to implement the recommendations of the inter-agency committee on the incessant power grid collapses. The Minister’s order came after TCN reported another…
The Federal Government has identified poor maintenance practices and outdated equipment as primary reasons for the frequent national grid collapses, which have recently disrupted power supply multiple times. According to the panel’s findings, high voltage levels exceeding equipment capacity led to blackouts on October…
