By ABDULSALAM Abdullah Opeyemi The Ogun State Government has announced that the Nigerian National Petroleum Company (NNPC) Limited is set to begin oil and gas exploration in the state. In a statement on Friday, the government said the development would…
The Abuja Electricity Distribution Company (AEDC) has issued a 72-hour ultimatum to all customers with outstanding bills, urging them to settle their accounts immediately or face disconnection. In a press statement signed by the company’s Acting Managing Director/CEO, Victor Ojelabi,…
Power Distribution Companies (Discos) are reportedly contemplating widespread disconnections of several companies and factories, fearing substantial losses estimated in billions of naira. Recall that following the surge in electricity tariffs for Band A customers in the nation from N66/kWh to…
Minister of State for Petroleum Resources (Gas) Rt. Hon. EkperikpeEkpo has commissioned a 5.2m Compressed Natural Gas (CNG) plant in Lagos. Speaking, Ekpo said the occasion, under the theme “From Gas to Prosperity: CNG for All”, represents a critical turning point in…
The Nigerian National Petroleum Company (NNPC) Limited has disclosed that a settlement agreement has been signed for the divestment of ExxonMobil’s stake in Mobil Producing Nigeria Unlimited (MPNU) to Seplat Energy Plc. According to a statement on Thursday by the…
The Federal Government today commissioned a Compressed Natural Gas (CNG) plant in Lagos. The commissioning was done by Minister of State for Petroleum Resources (Gas) Rt. Hon. Ekperikpe Ekpo at the Isolo Industrial Area, Ilasamaja in Lagos. The plant is…
…As electricity market panel hands over report to NERC According to the Nigerian Electricity Regulatory Commission, about 26 electricity generation plants across the country generated a total of 2,833 gigawatts hour, GWh, of electricity in the month of April 2024,…
A total of $142.5 million was paid to the Niger Delta Development Commission (NDDC) last year by The Shell Petroleum Development of Nigeria Ltd (SPDC) and Shell Nigeria Exploration and Production Company Limited (SNEPCo). SPDC paid $112.5 million while SNEPCo…
Bristow Helicopters and the Nigerian Content Development and Monitoring Board (NCDMB) are exploring a collaboration to develop search and rescue operations in Nigeria’s oil and gas sector. The management of Bristow Helicopters made this known when the management team recently…
President Bola Tinubu, on Tuesday in Abuja, said the three Executive Orders on oil and gas reforms, which he signed, will ensure that no oil company faces undue challenges in the country. The President made the affirmation during a meeting…
