Energy
Oil & Gas and Power Sector related news
President Buhari restores ownership of OML 123, 124, 126 and 137 to NNPC
The President has ordered the restoration of ownership of OML 123, others to NNPC.
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NNPC, SEEPCO sign gas development agreement for domestic market
The execution of the deal is to help reduce gas flaring in the country and a show of NNPC’s commitment...
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NNPC says NO to petrol pump price hike in May
There would be no increase in the ex-depot price of Premium Motor Spirit in the month of May 2021.
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NCDMB’s Oil and Gas Parks and their many adversaries
New businesses within the NOGAPS will face intense competition from foreign OEMs that do not have to battle with tariffs,...
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Carbon Tax:Â A market-based alternative to carbon emissions in Nigeria
A carbon tax is a way to have users of carbon fuels pay for the climate damage caused by releasing...
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PIB: FG adds more terms to bill to attract more investors – Report
The FG has made some changes to the PIB in a bid to attract more investors to Nigeria's oil and...
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DPR says it has accurate data of country’s crude production volume
Head, Public Affairs of DPR, Mr Paul Osu, said every litre of crude produced in the country was adequately captured...
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Power Minister explains why power outages have risen
The Minister cited a breakdown of some National Integrated Power Plants supplying electricity to the national grid as being behind...
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BUA Group, French company announce progress in 200,000 bpd refinery project
This is coming about 6 months after both firms signed an agreement for the supply of process technologies and the...
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Lagos State residents paid highest price for petrol in March 2021 – NBS
The NBS revealed that the National Average price/litre of petrol was N172.68 in March 2021 compared to N145.40 in March 2020.
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