In line with its commitment to reduce greenhouse gas emission, the Nigerian National Petroleum Company Limited (NNPC Ltd) has engaged the United States Department of States and international management consultancy firm, Deloitte on a collaborative project. The collaboration is aimed…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has clarified that Oil and Gas assets in Nigeria can only be transferred in accordance with the requirements of the Petroleum Industry Act (PIA 2021). NUPRC said that assets could be transferred in…
The Abuja Electricity Distribution Company (AEDC) says the nationwide power outage is as a result of system failure from the national grid. The management of AEDC in a statement in Abuja on Sunday said that the failure occurred at about…
Another national grid collapse in Nigeria has resulted to blackout nationwide. The Abuja Electricity Distribution Company, AEDC, in a statement posted on its X account said power outage being experienced in its franchise areas is as a result of a…
The Minister of Solid Minerals Development, Dele Alake, has said the federal government is yet to recover a swooping debt of over N2 trillion from miners and operators in the country. The minister, represented by the Acting Zonal Mines Officer,…
TotalEnergies Marketing Nigeria Plc posted a better-than-expected result in the fourth quarter of 2023, exceeding its revenue and profit projections. The 2023 unaudited financial statement of the oil marketing firm, filed with the Nigerian Exchange Limited on Monday, showed that…
Major Oil Marketers Association of Nigeria (MOMAN) on Wednesday rebranded to Major Energy Marketers Association of Nigeria (MEMAN) to achieve environmental sustainability and also to delve into alternative sources of energy. Its Chairman, Mr Huub Stokmann, at the association’s official…
In a move to increase investments in Nigeria’s gas sector, the Nigerian National Petroleum Company Limited (NNPC Ltd) has held talks with a South Korean consortium led by Daewoo E & C on the development of gas projects in Nigeria.…
By Jeleel Olawale, Osun Governor Ademola Adeleke has met with the management of Transmission Company of Nigeria (TCN) to solicit for the early completion of the Ede Transmission Project. Commending the TVN management team led by the Managing Director, Engr…
Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo has lauded the courage, vision and hard work exhibited by Nigerian firms in breaking new frontiers in gas businesses in line with the local content law. Ekpo stated this at the…
