Energy
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Energy
No Hike In Electricity Tariffs – NERC
The Nigerian Electricity Regulatory Commission, NERC has clarified that reviews do not automatically translate into an increase in electricity tariffs.…
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Energy
Lagos Free Zone, Partners Sign N10bn Gas Deal
The Lagos Free Zone has signed a gas contract worth over N10bn with Falcon Corporation, ND Western, and FHN consortium.…
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Energy
Oilserv Targets Takeover Of Moribund NNPC Pipelines
An indigenous Engineering Procurement and Contract (EPC) company, Oilserv Limited has concluded plans to bid for all moribund Nigerian National…
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Energy
Nigeria’s Oil Production Falls Over Poor Maintenance, Says World Bank
The World Bank has said that Nigeria’s oil production declined in 2021 due to a lack of maintenance and the…
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Energy
Rising Crude Oil Prices Will Worsen Inflation, Says IMF
The International Monetary Fund has said rising oil prices may lead to high inflation and slow growth across the world.…
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Energy
Fuel Pump Price Jumps By 91% In Six years –Report
The cost of fuel pump increased from N87 per litre as of December 2015 to N165.77 by December 2021, showing an…
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Energy
Power Firms Owe Banks N861.14bn Amid Worsening Electricity Crisis
The debt owed to Nigerian banks by operators in the power sector rose by 12.83 per cent in one year…
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Energy
Blackout Hits CBN, Army Headquarters, Others Over Network Vandalism
8,038.70MW unutilised due to gas, water problems – Discos The headquarters of the Central Bank of Nigeria, the Nigerian Army…
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Energy
SPE, NCDMB Hail Dangote Petroleum Refinery’s World-Class Technology Application
The Society of Petroleum Engineers (SPE) and the Nigerian Content Development and Monitoring Board (NCDMB) have applauded Dangote Petroleum Refinery…
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Energy
OTC Unveils New Pavilion Showcasing A Low-Carbon Future
OTC is excited to announce a new Energy Transition Pavilion on the exhibition floor of this year’s conference. Designed to…
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