The Minister of Power, Mr Adebayo Adelabu, has decried the activities of saboteurs and cartels in the electricity sector, blaming them for the incessant power outages in the country. Adelabu expressed this during a programme tagged “Confronting Nigeria’s Power Challenge…
The Minister Of State For Petroleum Resources(Oil), Sen. Heineken Lokpobiri has vowed to recoup alleged investments worth over $500m made by the Nigerian Content Monitoring and Development Board (NCDMB). The Minister made this vow in defence of his allegation that…
The Nigerian National Petroleum Company Limited (NNPC Ltd.) and its Joint Venture (JV) partner, Newcross Exploration and Production Ltd., have restarted production at Awoba field, Port Harcourt, Rivers. The NNPC Ltd. said the field last contributed to the Bonny Terminal…
…Bags industry award as Innovative Gas Company In its bid to prioritise innovation and ecological stewardship in Nigeria, NIPCO Gas Limited has affirmed its determination to drive positive transformation in the country’s energy industry by advocating for cleaner options like…
Dangote refinery will start supplying petrol in the fourth quarter of 2024, according to Standard and Poor’s Global Commodities, S & P. Kelly Norways, an African energy expert at the S&P, disclosed this in a podcast titled ‘Exploring West Africa’s…
Minister of Power, Mr Adebayo Adelabu says the Federal Government plans to increase power generation from 4000 Megawatts to 6000 by the end of 2024 to boost electricity. Adelabu said this in Abuja on Monday, when the members of the…
The Nigerian National Petroleum Company (NNPC) Limited and the Petroleum Technology Association of Nigeria (PETAN) are exploring a collaboration to reduce the cost of oil and gas production in Nigeria. Speaking at a meeting with Group Chief Executive Officer (GCEO)…
The average retail price to refill a 5kg cylinder of Liquefied Petroleum Gas (Cooking Gas) rose by 42.97 percent, from N4,610.48 in March 2023 to N6,591.62 in March 2024, according to the National Bureau of Statistics (NBS). Comparatively, the price…
The Nigerian National Petroleum Company Limited (NNPC Ltd.) and its Joint Venture partner in OML 85, First Exploration and Petroleum Development Company Limited (First E&P), have commenced oil production from the asset, also known as Madu Field. Production from the…
The Group Chief Executive Officer, NNPC Ltd, Mr. Mele Kyari has been honoured with the Energy Times’ GCEO of the Year Award in recognition of his commitment to accountability, transparency, and performance excellence. Chief Corporate Communications Officer of the Company,…
