Energy
Oil & Gas and Power Sector related news
Senate says agreement with Azura power plant is a drain on nation’s resources
The recommendations were presented by Chairman of the Committee, Sen. Gabriel Suswam during plenary.
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NNPC gives condition for relocation of tank farms and depots from residential areas
Kyari advised some time be allowed to achieve the full rehabilitation of the refineries before relocation.
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AfDB to provide $400 million of $16 billion in largest private investment in Africa
When the project is completed total expects Mozambique to earn up to $50 billion in Natural gas
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FG approves new board for NLNG, BGT
The change was necessary because the current board members had been in office since 2005.
Read moreDetailsNNPC spends N535.9 billion on subsidy, FAAC in Q1 2020
Petrol subsidy gulped N101.65bn in the first three months of the year.
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COVID-19: Minister of Power instructs contractors back to site as lockdown eases
The power minister gave the directive during an inspection visit to the new Gagarawa 2.
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DisCos seek CBN funding for massive roll-out of meters to consumers
This, it was said will help DisCos meet the 2024 deadline which they had committed to.
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DPR allays fears of possible looming fuel scarcity, says it has enough stock
Lagos is listed as the state with the highest stock.
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7 dead in explosion at NNPC facility
7 people were killed in the explosion which occurred during the discharging of Gbetiokun production.
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Over 600 companies bid for 57 marginal oilfields – DPR
The Director said Nigeria’s last bid round for the marginal fields was in 2003.
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