Energy

358 Articles
Energy

Marketers Confirm 600m Dangote Petrol Monthly Lifting Target

In what is seen as parts of efforts to stabilise supply in the domestic market and ease the recent surge in pump prices,...

Energy

FG Projects Increase Of 600,000 bpd Crude Boost From New Investments

Driven by a surge in new investments in the upstream sector, the Federal Government on Wednesday announced that it has projected an increase...

Energy

FG, GenCos Finalise Implementation Framework for ₦4 Trillion Presidential Power Sector Debt Reduction Plan

The Federal Government of Nigeria has taken a major step toward restoring financial stability and investor confidence in the electricity market with the...

Energy

Tinubu Welcomes Shell’s $2b New Offshore Gas Investment In Nigeria

President Bola Tinubu on Tueaday welcomed the news of Shell’s $2 billion Final Investment Decision (FID) on a new gas project in the...

Energy

Senate Confirms NNPCL Responding To 19 Queries On Audit report Of 2017 To 2023

The Senate Committee on Public Accounts on Wednesday confirmed that the Nigerian National Petroleum Company (NNPCL) has responded to 19 queries raised against...

Energy

FG Seeks $2b Chinese Loan To Finance Power Grid

The Minister of Power, Adebayo Adelabu, has announced that Nigeria is in talks with the Export-Import Bank of China (China Eximbank) for a...

Energy

NNPC links cooking-gas price hike to PENGASSAN strike

The Group Chief Executive of the Nigerian National Petroleum Company Limited, Mr Bayo Ojulari, has blamed the recent rise in cooking-gas prices on...

Energy

Lagos Govt Defends Trade Fair Demolition, Says Exercise Legal, In Accordance With Due Process

Lagos State Government, through the Commissioner for Environment and Water Resources, Tokunbo Wahab, on Monday defended the recent demolitions at the Trade Fair...