Energy
Oil & Gas and Power Sector related news
Power project deal with Siemens to increase Nigeria’s electricity to 25,000MW when completed – Aliyu
The Federal Government has stated that the Siemens Power Project under the Presidential Power Initiative will increase Nigeria’s electricity from...
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Nigeria planning to increase gas reserves to 600 trillion cubic feet – Sylva
The Nigerian Government disclosed that it is currently planning to grow Nigeria’s gas reserve from 206 trillion cubic feet to...
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Nigeria spends N2.52 trillion on petrol imports in the first 9 months of 2021
Nigeria imported Premium Motor Spirit (PMS) otherwise known as petrol, worth N2.52 trillion between January and September 2021. This represents...
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FG, NERC, BPE clear air on ongoing crisis in AEDC
The Federal Government through the Ministry of Power, Nigerian Electricity Regulatory Commission (NERC) and Bureau of Public Enterprise (BPE) has...
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Renewable Energy: Korea to invest $12.3 million for solar mini-grid construction in Nigeria
The South Korean Government has announced that it will invest the sum of $12.4 million for the construction of solar...
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FCT Blackout: AEDC says ongoing workers’ strike caused power disruption
The Abuja Electricity Distribution Company (AEDC) has apologised to consumers in the Federal Capital Territory, Abuja and around the Middle...
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NMDPRA assures oil marketers of bridge payments for petrol
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has assured it will continue to honour and process claims for...
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Nembe oil spill: Aiteo says 2 million barrels did not spill from oil well
Aiteo Eastern Exploration and Production Company, the company at the centre of the Nembe Oil spill in Nembe Community in...
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NUPENG suspends planned strike
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has announced the suspension of its planned strike. This was...
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NERC says second phase of mass metering programme to commence second quarter 2022
The Nigerian Electricity Regulatory Commission (NERC) has announced that the second phase of the National Mass Metering Programme, a scheme...
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