Energy
Oil & Gas and Power Sector related news
Xavier Rolet steps down from Seplat Energy’s board
The Board of Directors of Seplat Energy Plc has notified the Nigerian Exchange Limited (NGX) and the general public of...
Read more
NERC announces increase in cost of meter to electricity consumers
The Federal Government through the Nigerian Electricity Regulatory Commission (NERC) has announced an upward review of the unit price of...
Read more
Downstream oil and gas marketing firms post 34% rise in revenues in 9 months
Some of the major downstream oil and gas marketing firms in Nigeria jointly posted N776.6 billion as revenue in the...
Read more
President Buhari says gas remains top priority alternative fuel for Nigeria
President Muhammadu Buhari has assured investors that investment in gas remains a top priority for Nigeria considering the huge benefits...
Read moreZenith Bank obtains Mareva Injunction restraining Orjiako from Seplat Energy’s accounts and assets.
A Federal High Court sitting in Lagos has issued a Mareva Injunction that temporarily restrains the co-founder of Seplat Energy...
Read more
NNPC insists on adequate petrol supply, no plans to increase pump price
The Nigerian National Petroleum Corporation (NNPC) has once again denied any plans to increase the price of Premium Motor Spirit...
Read more
Oil ends week lower but regains momentum as it reclaims $80
The black liquid regained momentum on Friday, with both benchmarks gaining over 2% as bullish bets resumed after the Organization...
Read more2021 9M Results: Global Spectrum Energy Services Plc records a 33% slump in PBT to N153.7 million.
Global Spectrum Energy Services Plc released its financial results for the nine months period ended 30th of September, 2021. Revenue...
Read more
Shell unveils new business line in NigeriaÂ
Global energy giant, Shell, has announced the expansion to a new business line in Nigeria with the expansion of natural gas...
Read more
COP 26: Climate Change and President Buhari’s $400 billion ask
This weekend, I embarked on a flight to Scotland, this year’s host for the 2021 United Nations Climate Change Conference,...
Read more
