Energy
Oil & Gas and Power Sector related news
It makes no sense for Petrol to be cheaper in Nigeria than Saudi Arabia – President Buhari
Nigeria sells petrol at N161 per litre when the same is sold at higher in Saudi Arabia, Egypt, Ghana, Chad,...
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New PIB amends royalties by oil firms as Sylva clarifies position on scrapping of NNPC
The Minister has clarified that the new PIB seeks to commercialize the NNPC rather than scrap it.
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President Buhari to scrap NNPC, PPPRA as he submits new PIB to National Assembly
The President has recommended the scrapping of the NNPC and PPPRA in the new PIB submitted to the National Assembly.
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Electricity tariff increase is suspended for 2 weeks
The FG and the Nigerian Labour Unions have agreed to suspend the electricity tariff increase for a period of two...
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NNPC says local operators must improve capacity to achieve low cost of oil production
The NNPC has mandated local oil companies to improve capacity to so as to reduce oil production cost.
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NNPC signs gas development and commercialization deal with SEEPCO
NNPC and SEEPCO have signed a gas development and commercialization deal.
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Buhari reappoints 3 Chief Executives of agencies under Federal Ministry of Petroleum
3 Chief Executive Officers of agencies under the Federal Ministry of Petroleum Resources have been reappointed.
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DPR reveals 4 major areas of focus for downstream operations of oil and gas sector
DPR has listed four major areas of focus for investment protection and business continuity.
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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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