Energy
Oil & Gas and Power Sector related news
Oil prices rise further on surprise inventory draw as demand remains strong
Oil prices had a rebound later on Wednesday after dropping earlier in the day after the Energy Information Administration (EIA)...
Narrating the divorce between the Nigerian economy and Oil
Not all marriages last. Some end bitterly and some separate amicably citing irreconcilable differences while still maintaining a cordial relationship...
AMCON appoints self as Manager over all assets of IEDM, owners of Ibadan Disco
The Asset Management Corporation of Nigeria (AMCON) has appointed itself as receiver/manager over all assets of the Integrated Energy Distribution...
Average cost of petrol in September 2021 is highest in Abia, Ekiti, Lagos State – NBS
The latest petrol price watch report by the National Bureau of Statistics revealed that consumers paid the highest for a...
76,578.986 metric tonnes (MT) of LPG supplied in September – PPPRA
The Petroleum Products Pricing Regulatory Agency (PPPRA) revealed that of the 76,578.986 metric tonnes (MT) of LPG supplied across the...
OPEC reduces growth forecast for global oil demand for 2021
The Organization of Petroleum Exporting Countries (OPEC) has lowered its growth forecast for global oil demand in 2021. OPEC in...
Red light, green light: China’s squid games on coal retreat
At the 76th United Nations General Assembly (UNGA 76) last month, the President of the Republic of China, Xi Jinping,...
Minister lauds NBET for growth of power sector
The Ministry of Power has commended the Nigerian Bulk Electricity Trading (NBET) Plc. for its contributions to the growth of...
Petroleum Tanker Drivers suspend planned nationwide strike as FG intervenes
The National Union of Petroleum and Gas Workers (NUPENG) has announced the suspension of the proposed strike by its affiliate...
NNPC moves to stop petroleum tanker drivers’ strike, ask them to withdraw notice
The Nigerian National Petroleum Corporation (NNPC) has moved to stop the impending strike by petroleum tanker drivers (PTD) as it...
