Energy
Oil & Gas and Power Sector related news
Italy orders investigation of Shell, Eni prosecutors in Malabu corruption case
The Italian Ministry of Justice has ordered an investigation of the conduct of two prosecutors in a corruption case involving...
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Nigeria can ignite economic growth through power sector reforms – World Bank
The World Bank has advised that for economic growth to occur in Nigeria, the FG would have to reform the...
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Oil prices surge to highest since 2018 on huge inventory draw
Brent crude rose by 0.61% on Tuesday evening to close at $74.44 per barrel.
Read moreDetailsArdova Plc buyout 100% stake in Enyo Retail and Supply Limited.
Ardova Plc has completed the acquisition of a 100% equity stake in Enyo Retail and Supply Limited. In a notification...
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Gas to Power: Egbin Power hit production peak of 970MW
Egbin Power Plc recently hit highest peak production of 970 MW and plans to add between 1,750MW and 1,900MW in...
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Should energy-poor Nigeria be selling electricity under North Core?
It is imperative that something be done to fix our power problems locally before proceeding on a charity outing to...
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Oil starts new week reaching new high at $73
Oil prices started the week hitting their highest levels in more than two years on the back of economic recovery...
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In threat to Dangote Refinery, G7 Countries pledge to end fuel and diesel consumption by 2030
The group of G7 countries currently meeting in the UK are set to agree on a plan to end reliance...
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ESG Standards: Where do Nigerian oil and gas companies stand?
Investors are looking for companies that are not just builders of profit, but also builders of society.
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Indigenous firms contribute 30% to Nigeria’s gas reserves, 33% to crude oil reserves – DPR
The DPR also announced that Nigeria’s proven gas deposits have increased to 206.53 trillion standard cubic feet.
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