IEA warns of potential surge in global crude oil prices
The International Energy Agency (IEA) has said that global crude oil prices could rise higher if current targets are maintained....
Port Harcourt DisCo to boost electricity transmission by 485MW in the next 12 months
In the next 12 months, Port Harcourt's electricity distribution company will be able to transmit an additional 485 megawatts (MW)...
Nigeria’s crude production drops to 1.3 million bpd in July 2023
Nigeria's crude oil production dropped to 1,294,162 barrels per day in July 2023.
Naira slump: Fuel pump prices will keep increasing if trend continues – President, PPROOAN
Billy Gillis-Harry, the President of the Petroleum Products Retail Outlets Owners Association of Nigeria (PPROOAN), has said that fuel pump...
NNPCL reports 121 crude theft incidents in a week
NNPCL reported 121 crude oil theft incidents between July 29 and August 4, 2023. This is according to the company's...
NALPGM warns that Nigerians will pay higher for cooking gas from mid-August 2023
President of the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGM), Olatunbosun Oladapo, has revealed that Nigerians will pay higher...
NLNG says force majeure to continue as it enters its tenth month – Report
The Nigeria Liquefied Natural Gas (NLNG) Limited has said that the force majeure it declared in October 2022 will continue.
8 ways States can unlock opportunities from the Electricity Act – EMRC
Energy Market and Rates Consultants (EMRC) has said that states in the country need to adopt some strategies as they...
OPEC-13 crude production for July 2023 was lowest since August 2021 – Survey
A Platts survey by S&P Global Commodity Insights has shown that OPEC-13 cut its crude oil production hit its lowest...
Only five states can build over 100 km of electricity transmission lines – Report
The EMRC report cited a document published by Grid North Partners which stated that the cost of building an overhead...
