Energy
Oil & Gas and Power Sector related news
NNPC to declare dividend in 2020 despite Covid-19 pandemic
NNPC GMD has said that he is hopeful that the corporation will declare dividends in 2020.
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NNPC, only Nigerian company to cut losses by N800 billion in one financial year – GMD
NNPC has improved efficiency by cutting its losses by 97% within a financial year.
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NNPC GMD says Nigeria is more of a gas country than oil
NNPC boss, Malam Mele Kyari has said that Nigeria is more endowed with gas than it is of oil.
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Nigeria to import petroleum products from Niger Republic, sign MoU on transportation, storage
FG signed MoU with Niger Republic on the transportation and storage of petroleum products.
Read moreDetailsNigeria’s cooking gas storage capacity increases to 69,968 MT
Nigeria’s total Liquified Petroleum Gas storage capacity has increased to 69,968 Metric Tons.
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Power: NERC advises AEDC, others to improve on customer service experience
NERC has advised AEDC and other DisCos to deploy more modern technologies and equipment.
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DPR shuts down 85 gas plants in Lagos for illegal operations
DPR has shutdown 85 LPG plants in Lagos from January to October of 2020, for engaging in illegal operations.
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FG to make forex available to oil marketers for import to drive down petrol price
The Federal Government has announced plans to make the foreign exchange available to petroleum product marketers.
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Fuel Price: Motorists should desist from panic buying – IPMAN
IPMAN has advised motorists and other users of petrol to desist from panic buying as there is enough of the...
Read moreDetailsFG says recent petrol price increase linked to Pfizer Covid-19 vaccine success
The Federal Government has linked the recent increase in the pump price of petrol to the success of Pfizer's Covid-19...
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