National grid shutdown during strikes is unauthorized – Power Minister
Honorable Minister for Power, Adebayo Adelabu issued a warning to electricity workers who conduct unauthorized shutdowns of the national grid...
NNPCL lifts $1.7 billion crude, sector faced 12% production dip in 2021 – NEITI
In 2021, the Nigerian National Petroleum Company Limited (NNPCL) facilitated the lifting of a total of 14.23 million barrels of...
FG needs to increase oil production to clean up public finance – Chika Mbonu
Chika Mbonu, the astute Managing Director and Chief Executive Officer of KSBC Advisory Partners Limited, stressed the imperative for the...
DisCos cannot increase tariff rates on their own – EMRC
Ikhide Asuelimen, an Energy Consultant at Energy Markets Rates and Consultants Limited (EMRC) has said that distribution companies (DisCos) cannot...
Converting a keke napep to run on LPG costs between N100,000 to N200,000 – HydroCIS, NLPGA
The consumption rate for a gas-powered keke napep is 6.5 kilowatts (kW) at 5,500 revolutions per minute (rpm).
Fuel Subsidy: Reducing unit OPEX in operations will reduce pump prices – Expert
Madaki Ameh, the managing partner at BBH Consulting, has said that reducing unit operating expenses (OPEX) per barrel when getting...
Nipco Gas commissions CNG facility in Akwa Ibom state
Nipco Gas Limited has announced that it has commissioned a compressed natural gas (CNG) facility in Oron, Akwa Ibom state.
Nigeria secures $13 billion oil and gas investment commitment from Shell, ExxonMobil, others – Olu Verheijen
Ms. Olu Verheijen, the Special Adviser to President Tinubu on Energy has unveiled groundbreaking initiatives to boost oil and gas...
Following the oil price surge, Nigeria should develop and boost an electric vehicle market – CEO, Ceesolar
In the transitional phase from July to September 2023, the international oil market witnessed an upward surge, pushing the Brent...
234 crude theft incidents were recorded in one week – NNPCL
The Nigerian National Petroleum Company Limited (NNPCL) has disclosed a staggering 234 incidents of crude oil theft occurring between September...
