Heineken Lokpobiri, Minister of state for Petroleum resources (oil) has warned that the country will revoke the licenses of modular refinery license holders who are non-active since approved to operate. The Minister made this known while fielding questions from journalists…
Seplat Energy paid N2.6 billion gas flare penalties between Q1 and Q3 2023. The company stated this in its financial statements for the first nine months of 2023. According to the statement, Seplat Energy recorded higher gas flare penalties within…
The Management of Eko Electricity Distribution Company (EKEDC) on Sunday apologised to its customers in some parts of Lagos and Ogun State ove prolonged outage experienced in the affected areas. Mr Babatunde Lasaki, General Manager, Corporate Communications, in a…
The Enugu Electricity Distribution (EEDC) says the planned outage by the Transmission Company of Nigeria (TCN) scheduled to take place on Saturday is meant for emergency maintenance work. The Head, Corporate Communications of EEDC, Mr Emeka Ezeh, said in a…
Gov. Uba Sani has directed the immediate payment of all outstanding debts accrued from 2022 to the Kaduna Electric Company. The directive is contained in a statement issued on Saturday in Kaduna by the governor’s Chief Press Secretary, Mr Muhammad…
The Senate Committee on Niger Delta Development Commission (NDDC), says it will ensure International Oil Companies (IOCs) operating in the country, pay their contributions to the coffers of the commission. Sen. Ned Nwoko, (PDP-Delta North), and member Senate Committee on…
The Minister of Power, Adebayo Adelabu, has stated that the recent rise in natural gas prices has had a significant impact on Nigeria’s ability to generate sufficient power. He made this known during the closing session of the African Natural…
Nigeria’s oil production output in October has risen to 1.49 million barrels the highest in two years. Recent data by the Organisation of Petroleum Exporting Countries (OPEC) revealed that Nigeria increased its output by 60,000 barrels per day, reaching 1.49mbpd.…
…Aims to put up NASENI products in Nigeria market by Q1 2024 The National Agency for Science and Engineering Infrastructure (NASENI) has sealed a $200m deal with the Rural Electrification Agency (REA) on renewable energy. The Executive Vice Chairman of…
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr.Simbi Kesiye Wabote has commissioned the newly built 200 ton heat treatment furnace of the company in Port-Harcourt. The commissioning which took place on Tuesday also involved the…
