The Nigerian Senate has expressed deep concern over the deteriorating financial condition of the country’s power sector, revealing that the federal government currently owes N200 billion...
The Rural Electrification Agency (REA) has partnered with LPV Technologies to strengthen Nigeria’s renewable energy sector and curb capital flight. The Managing Director of REA, Mr...
Crude oil prices fell more than 2% on Monday amid renewed optimism over U.S.-Iran nuclear negotiations and rising concerns about global economic stability. Brent crude oil,...
Nigeria’s aspiration to reassert itself as a heavyweight in the global energy sector is gaining fresh momentum. The Nigerian National Petroleum Company Limited (NNPC Ltd) has...
Dangote Petroleum Refinery and Petrochemicals has reviewed its ex-depot (gantry) loading cost of petrol to N867 per litre. It was gathered that the $20bn refinery informed...
AVEVA’s industrial information infrastructure has been selected by Archaea Energy to provide key data management support AVEVA’s industrial software to optimize performance across Archaea’s RNG plants
Concerned parties in the petroleum industry have raised concerns over the irregularity in the recent reconstitution of the Nigerian National Petroleum Company Limited (NNPC Ltd) Board, citing...
Federal Government has disclosed that it would take delivery of the first batch of 3,205,101 pre-paid meters in the month of April in order to bridge...
President Bola Tinubu has fired Mele Kyari as the group chief executive officer of the Nigerian National Petroleum Company Limited (NNPCL) and removed Chief Pius Akinyelure...
President of Dangote Industries Limited (DIL), Aliko Dangote, has revealed that his company—the Dangote Petroleum Refinery—has enough Premium Motor Spirit (PMS) otherwise known as petrol in...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has banned 60,000-litre fuel tankers from operating on Nigerian roads. It also added that no truck with over 45,000...
President Bola Ahmed Tinubu has appointed Abba Abubakar Aliyu as the substantive Managing Director of the Rural Electrification Agency (REA). The appointment, effective from January 23,...
By Temitope Ajayi Angered by the appalling situation of Nigeria’s electricity supply sector over several decades of doing the wrong things by successive governments with no...
Oil prices declined on Tuesday as the rush for profit-taking pervaded the market after Oil prices slid on Tuesday with investor profit-taking after reaching three-month highs...
The Dangote Petroleum Refinery retained 13% of Nigeria’s crude oil exports as domestic supply in 2024, a new report by Reuters has stated. The report originally...
Oil markets have started the year with a renewed sense of optimism, driven by stock draws in the U.S. and China’s attempts to stimulate its economy....
By Simbo Olorunfemi That Baba Obasanjo has an almost child-like emotional attachment to the public-owned refineries under the trust and care of the NNPCL is not...