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…
The Federal Government has said that none of the International Oil Companies (IOCs) doing business in Nigeria has left as being insinuated. Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, gave the clarifications during the inauguration of the ongoing…
The National Bureau of Statistics (NBS), says the average price of 5kg of cooking gas increased from N4,962.87 recorded in December 2023 to N5,139.25 in January 2024. This is contained in the Bureau’s “Cooking Gas Price Watch” for January 2024…
…As stakeholders decry AI infiltration, potential unemployment Stakeholders have called for caution in the deployment of artificial intelligence and technologies which may result in job losses in the Nigerian oil and gas sector. The stakeholders made the call following Monday’s…
Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd) has harped on the role of the National oil company as a body committed to ensuring Nigerians reap the gains of the nation’s investment in the oil…
By Matthew Denis President Bola Tinubu has disclosed that the petroleum subsidy has, over the years, strained Nigeria’s economic resources, leading to inefficiencies and, most importantly, hindering the nation’s ability to invest in critical areas of energy security. The President…
The Senate Committee on National Agency for Science and Engineering Infrastructure (NASENI) has commended the Agency for championing local content development of Solar-Powered smart irrigation, tricycles, electric motorbikes and others with accelerated technology transfer. The Chairman, Senate Committee on NASENI…
An FCT High Court in Apo adjourned hearing in the preliminary objection filed by a former minister of Power and Steel, Olu Agunloye until March 4. The application is challenging the powers of the Economic and Financial Crimes Commission (EFCC)…
The 7th Nigeria International Energy Summit (NIES 2024) has begun in Abuja, with no fewer than 6,000 foreign and local delegates, exhibitors and visitors participating. The summit is aimed at charting a sustainable way forward in the quest to accelerate…
