Minister of Power, Mr Adebayo Adelabu has summoned chief executive officers of two Electricity Distribution Companies (DisCos) to a meeting to hold in the coming week over worsening supply situations in their regions. Those invited to the meeting are chief…
The Minister of Power, Chief Adebayo Adelabu, has inaugurated five projects, located in Okene, Kogi State, Amukpe, Delta State, Potiskum, Yobe State, Apo in Abuja, and Ihovbor, Edo State, under the phase one of the Presidential Power Initiative (PPI). The…
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri on Thursday in Abuja inaugurated the 4th Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB). The NCDMB Governing Council is set up under the Nigerian Oil…
Techno Oil Group has been awarded the Energy Downstream Recognition Award at the Nigeria International Energy Summit (NIES), the latest honour for the company in its pioneering strides in Nigeria’s energy sector. The company has won a string of awards…
$14 trillion investment in the oil and gas industry between 2024 to 2045 will be required to meet global demands per the Organisation of the Petroleum Exporting Countries (OPEC). The Secretary-General of OPEC, Haitham Al-Ghais, made this known while fielding…
The Minister of Steel Development, Shuaibu Audu, says Nigeria currently imports steel worth four billion dollars annually. Audu said this during a familiarisation visit to the National Metallurgical Development Centre (NMDC) in Jos on Thursday. He said that 70 percent…
By Olaseinde Gbenga, Abuja The Minister of State Petroleum Resources, Ekperikpe Ekpo has disclosed that the Federal Government has reviewed the penalty for gas flaring in line with its commitment to achieve net zero. Ekpo speaking during a workshop at…
The Organisation of the Petroleum Exporting Countries (OPEC) said on Thursday that the outcome of the 2023 UN Climate Change Conference (COP28) and its agreement, reflected OPEC advocacies on pathways towards reducing carbon emission. The Secretary-General of OPEC, Haitham Al-Ghais,…
The House of Representatives has urged the Nigerian Electricity Regulatory Commission (NERC) to provide a comprehensive report on the performance of the DisCos in metering electricity customers. This followed the adoption of a motion on Complaints on Metering Customers by…
The Organization of the Petroleum Exporting Countries (OPEC) has advised the Nigerian National Petroleum Company Limited (NNPCL) to increase oil production in order to take part in the $14 trillion investment opportunity in the global oil market in the near…
