Energy
Oil & Gas and Power Sector related news
FG reveals the current average total cost of crude oil production
The Federal Government has revealed that the current average total cost of production for crude oil is below $30 per...
Read moreDetails
Total Group rebrands, changes name to TotalEnergies
Total has changed its name from Total to TotalEnergies, a move to invest more in renewable energy.
Read moreDetails
NNPC and other state oil companies risk wasting $400 billion on Oil and Gas investments
State-owned oil companies may face the risk of wasting billions in Oil and Gas investments .
Read moreDetails
FG will convert one million cars to gas at no cost – Minister
The FG has disclosed that one million petrol cars will be converted to gas at no cost.
Read moreDetails
Petrol may sell for N200 per litre as oil price hits almost $60 per barrel
The price of petrol may experience an upward adjustment as oil price nears $60.
Read moreDetails
NERC says 62.63% of electricity consumers on estimated billing
NERC has disclosed in its recent report that 62.63% of electric customers in Nigeria were under the estimated billing package...
Read moreDetails
World Bank to boost Nigeria’s power distribution with $500 million
World Bank has approved $500 million to support DisCos in Nigeria.
Read moreDetails
Nigeria’s first and largest industrial-scale gold mine set to be completed in first half of 2021
Segilola Gold Mine, Thor’s flagship gold project looks set to be completed in the first half of 2021.
Read moreDetails
DPR says Nigeria to earn $500 million from signature bonuses for 57 marginal oilfields
Nigeria is expected to earn about $500 million from the signature bonuses to be awarded for 57 marginal oilfields in...
Read moreDetails
Shell worried about its Nigerian onshore operations amid continued theft and sabotage
Royal Dutch Shell has expressed concern for its Nigerian onshore oil operations following continued theft and sabotage.
Read moreDetails
