Energy
Oil & Gas and Power Sector related news
Electricity tariff increase is suspended for 2 weeks
The FG and the Nigerian Labour Unions have agreed to suspend the electricity tariff increase for a period of two...
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NNPC says local operators must improve capacity to achieve low cost of oil production
The NNPC has mandated local oil companies to improve capacity to so as to reduce oil production cost.
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NNPC signs gas development and commercialization deal with SEEPCO
NNPC and SEEPCO have signed a gas development and commercialization deal.
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Buhari reappoints 3 Chief Executives of agencies under Federal Ministry of Petroleum
3 Chief Executive Officers of agencies under the Federal Ministry of Petroleum Resources have been reappointed.
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DPR reveals 4 major areas of focus for downstream operations of oil and gas sector
DPR has listed four major areas of focus for investment protection and business continuity.
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Buhari to finally send Petroleum Industry Bill to National Assembly next week
Sources in the Presidency have disclosed that the President may be presenting the bill to the National Assembly.
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Experts pick holes in pump pricing of petrol, proffer solutions
Experts give their views as Nigerians grapple with the effects of an increase in petrol pump price.
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Shell to focus on Nigeria, Gulf of Mexico and others as it seeks to cut 40% of costs
Shell is seeking to cut 40% of operating costs in its upstream oil and gas.
Read moreDetailsPetrol supply drops by over 23% due to decline in consumption
Consumption of petroleum products to decline to 27.2 billion litres in 2020.
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CBN introduces N250 billion stimulus package for gas investment to ease pain of fuel price increase
The CBN has introduced a stimulus package to help stimulate investment in gas as an alternative to fuel.
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