Energy
Oil & Gas and Power Sector related news
Over 600 companies bid for 57 marginal oilfields – DPR
The Director said Nigeria’s last bid round for the marginal fields was in 2003.
Read more
BUA cement to build power and cement plants in Adamawa state
BUA Cement’s newest plant in Sokoto is expected to be operational in 2021.
Read more
Just in: NNPC announces top management appointments as top official resigns
The NNPC has effected a major shake-up to enable the corporation to live up to its expectations.
Read more
NNPC quells fears over leaking Lagos pipeline
The Corporation says it was on the last stage of completing repairs which includes hydro testing.
Read more
Nigerian LNG to increase exports, returns profits despite weak gas pricesÂ
The gas firm has been able to sell the excess supply at a discount in the spot market.Â
Read more
Update: FG increases fuel price to N143.80 per litre
This was disclosed by Petroleum Products Pricing Regulatory Agency (PPPRA) in a circular.
Read more
Largest private investment in Africa begins $15 billion financing
The entire $23 billion process will ship natural gas from Africa to the global markets.
Read more
Imported fuel reportedly of lower quality compared to illegally-refined fuel in the Niger-Delta creeks
The importation of petroleum products has remained a major financial burden to Nigeria.
Read more
Shell warns investors it may write down up to $22 billion due to oil crash
Shell estimated its oil sales volumes in Q2 2020 to be between 3.5 million to 4.5 million barrels per day.
Read more
Tariff Hike postponed till first quarter of 2021
The National Assembly in conjunction with stakeholders have stopped the planned tariff hike scheduled for July 1
Read more
