Energy
Oil & Gas and Power Sector related news
Buhari to finally send Petroleum Industry Bill to National Assembly next week
Sources in the Presidency have disclosed that the President may be presenting the bill to the National Assembly.
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Experts pick holes in pump pricing of petrol, proffer solutions
Experts give their views as Nigerians grapple with the effects of an increase in petrol pump price.
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Shell to focus on Nigeria, Gulf of Mexico and others as it seeks to cut 40% of costs
Shell is seeking to cut 40% of operating costs in its upstream oil and gas.
Read moreDetailsPetrol supply drops by over 23% due to decline in consumption
Consumption of petroleum products to decline to 27.2 billion litres in 2020.
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CBN introduces N250 billion stimulus package for gas investment to ease pain of fuel price increase
The CBN has introduced a stimulus package to help stimulate investment in gas as an alternative to fuel.
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Customers to pay for metering through cost of tariff – NERC
The Commissioner used the event to address issues regarding new tariff and metering.
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Government publishes plans to sell PHCN properties
The Federal Government through the Nigeria Electricity Liability Management Company ( NELMCO), announced plans to sell off real estate belonging...
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NNPC extends crude oil swap contracts by 6 months
The swap deal with these companies supplies a huge portion of Nigeria’s petroleum products.
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Kainji Dam only carrying out water spillage exercise, banks are intact- Mainstream Energy
The dam reservoir is currently not at its fullest capacity and will not be in the coming months.
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NNPC to support alternative energy initiative by deploying CNG plants across the country
NNPC will activate Compressed Natural Gas refill stations for motorists to access.
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