The Nigerian National Petroleum Company Limited (NNPC Ltd) has said that the Obiafu-Obrikom-Oben (OB3) Gas Pipeline, would now be completed next quarter. The executive vice president,...
The Nigerian Electricity Regulatory Commission (NERC) is set to boost electricity supply to domestic customers following its order mandating the System Operator (SO) to start capping...
The Nigerian Electricity Regulatory Commission (NERC) has unbundled the Transmission Company of Nigeria (TCN) by establishing the Nigerian Independent System Operator of Nigeria Limited (NISO). NERC...
The Nigerian Upstream Petroleum Regulatory Commission, (NUPRC), is set to fasttrack the divestment process of the 26 oil blocks in the bid to ramp up the...
The Nigerian Electricity Regulatory Commission (NERC) has unbundled the Transmission Company of Nigeria (TCN) with the establishment of the Nigerian Independent System Operator of Nigeria Limited...
The NNPC Exploration and Production Ltd/Seplat Energy Joint Venture and the Edo State Government have signed an agreement that will see the state government allocate 6,000...
Three years after the enactment of the Petroleum Industry Act (2021) operators in the midstream and downstream sector of the oil and gas industry are set...
The current spate of petrol scarcity may worsen if independent petrol marketers go ahead to carry out their threat to withdraw their services. Marketers under the...
The federal government said it has commenced the process for the 2024 oil bid round with 12 oil blocks on offer and seven deep offshore blocks...
The Nigeria Extractive Industries Transparency Initiative (NEITI) has said that it has made advanced progress in its conduct of the 2022-2023 industry reports of the oil,...
The Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partner in the Awoba Unit Field, Newcross Exploration and Production Ltd, have restarted production...
The Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partner in the Awoba Unit Field, Newcross Exploration and Production Ltd, have restarted production...
The managing director, Transmission Company of Nigeria (TCN) Abdulaziz Sule has urged the Senate Committee on Power to assist in raising funds for the completion of...
The federal government has ordered the resale of electricity Distribution Companies (DisCos) now under the management of banks and the Asset Management Company (AMCON) within three...
The federal government has ordered the resale of electricity Distribution Companies (DisCos) under the management of banks and the Asset Management Corporation of Nigeria (AMCON) within...
The Nigerian Electricity Regulatory Commission (NERC) has issued an order to transfer regulatory oversight of the electricity market in Enugu State from the Commission to the...
The Nigerian National Petroleum Company Limited (NNPCL) and its Joint Venture (JV) partner in OML 85, First Exploration and Petroleum Development Company Limited (First E&P), have...
Third time after its collapse in 2024, which resulted in nationwide blackout, the national grid is gradually been restored. The grid which collapsed at past 2...
The federal government has said measures are being put in place to restore oil production in view of recent concerns regarding shortfall in oil production in...
An electricity consumer advocacy group, Electricity Consumer Protection Centre, has called for the probe of how Distribution Companies spend the operations expenditures (OPEX) and capital expenditure...
The Nigerian National Petroleum Company Limited (NNPCL) has underscored the significance of prioritising natural gas production and supply, particularly in the context of geopolitical dynamics and...
Despite the removal of subsidy for Band A electricity customers, the minister of Power, Adebayo Adelabu has said the federal government is still subsidising 67 per...
The Nigerian Electricity Regulatory Commission (NERC) has slammed a fine of N200 million on the Abuja Electricity Distribution Plc (AEDC) over the Disco’s non-compliance with the...
With the new electricity tariff approved by the Nigerian Electricity Regulatory Commission (NERC) for Band A customers, the Abuja Electricity Distribution Company (AEDC) has released data...
The Nigerian Electricity Regulatory Commission (NERC) has approved an increase of 300 per cent electricity tariff for Band A consumers in the country. Accordingly, power distribution...
The federal government yesterday bowed to pressure from gas producers and announced an increase in the wholesale price of gas-to-power generating companies (GenCos) by 11 per...
The federal government has announced an increase in the wholesale price of gas to power plants by 11 per cent from $2.18 per MMBTU (Million British...
Nigeria has yet again suffered another nationwide blackout as the national electricity grid, centrally managed from Osogbo, Osun State, suffered a collapse at approximately 4:30pm on...
The Nigerian National Petroleum Company Limited (NNPCL) has debunked speculations making the rounds on social media of a downward adjustment in the pump prices of Premium...
As part of plans to raise Nigeria’s oil production output from the current 1.6million barrels per day (mbpd) to 3mbpd, the group chief executive officer of...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has given an industry committee 48 hours to come up with a clear template that will drive smooth, seamless...
In a strategic move to enhance production and attract investments in Nigeria’s oil and gas sector, the ministers of state, petroleum resources, Heineken Lokpobiri (oil) and...
The Nigeria Extractive Industries Transparency Initiative (NEITI) has joined the call for an indigenous coach to lead the national soccer team, Super Eagles. The executive secretary...
The Minister of Power, Adebayo Adelabu, has revealed that a private company, Messrs Ziklagsis held on to N32 billion paid into its account in 2003 for...
The Transmission Company of Nigeria (TCN) says it has commissioned a 100MVA 132/33kV power transformer at its Port Harcourt Main Substation, increasing the transmission capacity of...
The group chief executive officer of the Nigerian National Petroleum Company Ltd (NNPCL), Mele Kyari, has said that the Port Harcourt Refinery has received 450,000 barrels...
The minister of Power, Adebayo Adelabu, has recommended capital punishment for any offender arrested in connection with the practice. The minister expressed worry over the spate...
Despite converted efforts to diversify Nigeria’s economy, the country remains heavily reliant on crude oil, with over 80 per cent of exports dominated by this single...
The Transmission Company of Nigeria (TCN) has reported that one of its critical infrastructures, the Shiroro-Katampe 330kV transmission line, has been vandalised and a component stolen...
The Nigeria Extractive Industries Transparency Initiative (NEITI) has decried that only 18 per cent of the workforce in country’s extractive industry are women. The which made...
The minister of Power, Adebayo Adelabu, has vowed to ensure that the electricity surge that left some people severely wounded does not reoccur. Adelabu who received...
The federal government has settled for fiscal incentives in the Oil and Gas Sector to attract investments. Special adviser (SA) to the President on Energy, Olu...
The minister of state for Petroleum Resources (Oil), Heineken Lokpobiri, has promised that the federal government would resolve the ownership dispute around the Atala oil field...
President Bola Tinubu has approved the indefinite suspension of the managing director/CEO of the Rural Electrification Agency (REA), Ahmad Salihijo Ahmad, alongside three executive directors of...
With an estimated 70 per cent of financial crimes in Nigeria traceable to the banking sector, the Economic and Financial Crimes Commission (EFCC) has urged bank...
The Minister of Power, Chief Adebayo Adelabu has summoned the chief executives of Abuja Electricity Distribution Company (AEDC) and Ibadan Electricity Distribution Company (IBEDC) over worsening...
The federal government said it has bought over a total of 10 mobile power stations in its bid to resolve challenges around power supply in the...
The federal government says it has paid over $120 million to offset part of the debts owed to gas companies (GasCos) for electricity generation. This...
Oil and gas industry stakeholders have called on the National Assembly to expunge section 257 (2) from the Petroleum Industry Act (PIA). This is as Spaces...
Nigeria is looking to attract about $17.64 billion investment, from the 51 Field Development Plans (FDPs) approved between 2022 and 2023, the Nigerian Upstream Petroleum Regulatory...
The minister of state petroleum resources (Gas), Ekperikpe Ekpo, has said the Obrikom, Obiafo and Oben (OB3) gas pipeline project will be completed by March 2024.Ekpo...
The Nigerian National Petroleum Company Limited (NNPCL) has expressed its willingness to invest in the proposed African Energy Bank as a way of ensuring sustainable funding...
Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has assured that International Oil Companies (IOCs) were not divesting from Nigeria but were rather moving from...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has inaugurated the Host Community Development and Administration Trust Board of Trustees (BOT) Forum. The exercise was held at...
The Chief of Army Staff, Lt. General Taoreed Lagbaja, has appealed for the minister of power Adebayo Adelabu’s intervention following the disconnection of various Nigerian Army...
The federal government of Nigeria has announced the immediate suspension of Liquefied Petroleum Gas (LPG) exports. This is in the bid to curb the rising cost...
The federal government of Nigeria has announced the immediate suspension of exportation of Liquefied Petroleum Gas (LPG). This is in a bid to curb the rising...
The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) has urged the federal government to tame the worsening exchange rate crisis, by adopting the N750/$...
The Nigerian Association of Road Transport Owners (NARTO) has suspended its industrial action after a two-day engagement with the federal government at the instance of the...