Communication infrastructure cited as major reason why Smart Meters fail in Nigeria
Experts in the electricity sector have emphasized that Nigeria might not be prepared to implement smart metering for all its...
PENGASSAN raises concern over divested oil and gas asset management
PENGASSAN has called to question the management system of divested oil and gas assets in the country, stating that vested...
OPEC will keep coordinating actions to stabilize oil market – Putin
Russia’s President, Vladimir Putin has said that the Organization of Petroleum Exporting Countries (OPEC) will continue to coordinate current actions...
IFC and Morocco’s OCP agree on $106 million loan for two solar plants
The International Finance Corporation (IFC) and Morocco’s OCP have agreed on a $106 million loan for developing two solar plants...
NNPCL records 128 crude oil theft cases in the first week of October
Between September 30 and October 6, 128 crude oil theft incidents were recorded across the oil-producing areas of the Niger...
Government is spending billions of naira to subsidize fuel – IPMAN
John Kekeocha, the National Secretary of the Independent Marketers Association of Nigeria (IPMAN) has said that the Tinubu-led government is...
Pump prices stay the same as fuel queues return in Abuja
A review of fuel stations across Abuja on Tuesday, October 10, revealed that fuel queues have returned to the Federal...
Nigeria lost N2.3 trillion to crude oil theft in 2023 – Senate
The Nigerian Senate has revealed that the country has lost N2.3 trillion to the menace of crude oil theft so...
IMF revises Nigeria’s economic growth downward due to weaker oil and gas production
The International Monetary Fund (IMF) has revised Nigeria’s economic growth downward by 0.3 percentage points due to weaker oil and...
Global oil demand to keep rising before slightly declining by 2045 – OPEC
Global oil demand is set to keep rising in the coming years before experiencing a gradual decline in 2045.
