Energy
Oil & Gas and Power Sector related news
PPMC may crash fuel price
IPMAN has disclosed that the oil marketers are looking forward to a downward review of the ex-depot price for October.
Read moreDetails
What to do if your DisCo has not complied with reversed electricity tariff this week
Nigerians have been asked to report DisCos that fail to comply with the directive to reverse electricity tariff prices to...
Read moreDetails
Shell to cut 9,000 jobs globally due to oil price crash as it shifts to clean energy
The Royal Dutch Shell Plc has revealed plans to cut thousands of jobs globally, including in Nigeria.
Read moreDetails
It makes no sense for Petrol to be cheaper in Nigeria than Saudi Arabia – President Buhari
Nigeria sells petrol at N161 per litre when the same is sold at higher in Saudi Arabia, Egypt, Ghana, Chad,...
Read moreDetails
New PIB amends royalties by oil firms as Sylva clarifies position on scrapping of NNPC
The Minister has clarified that the new PIB seeks to commercialize the NNPC rather than scrap it.
Read moreDetails
President Buhari to scrap NNPC, PPPRA as he submits new PIB to National Assembly
The President has recommended the scrapping of the NNPC and PPPRA in the new PIB submitted to the National Assembly.
Read moreDetails
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...
Read moreDetails
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.
Read moreDetails
NNPC signs gas development and commercialization deal with SEEPCO
NNPC and SEEPCO have signed a gas development and commercialization deal.
Read moreDetails
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.
Read moreDetails
