Browsing Category
Energy
Sahara Group seeks partnerships for the expansion of the oil industry in Africa
Sahara Group seeks partnerships for the expansion of the oil industry in Africa, According to Wale Ajibade,…
Fuel Usage Reaches 80 million liters Daily, while subsidies skyrockets.
The amount of Premium Motor Spirit, often known as gasoline, that is consumed each day has increased to 80 million…
Fuel Prices will Rise Due to a Lack of Supply, Marketers Warn
According to oil marketers, the discrepancy in the price of Premium Motor Spirit, also known as gasoline, at the…
FG Investigates a $1.1bn Oil Well Robbery
Oil Mining Licence 17 has been linked to an illegal oil bunkering operation, and individuals responsible for the…
Edo Refinery Receives a Fresh Order for 150,000 Barrels of Oil
A few weeks after commencing production, the Edo Modular refinery, which is supported by the Edo State government,…
New Substations and Transformers Push Power Above 4,000MW
With the installation of transformers, substations, and other accessories to increase supply, power generation on…
NNPCL Fires Eroton, Takes Over JV Operation Of OML18.
Oil Mining Lease 18's operator, Eroton Exploration and Production Ltd, has been fired by NNPC Limited, and its…
OPEC Quota: NUPRC Seeks 400,000 mb/d More From Large-Scale Projects
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) anticipates an additional 400,000 barrels per day…
In An Effort To Increase Nigeria’s Non-oil Exports, NEXIM Meets With Saudi…
A powerful delegation from the Nigerian Export-Import Bank (NEXIM), led by the Managing Director/Chief Executive,…
Nigeria’s Flared Gas Slumps By 500m SCF, Still One Of Top 7 Defaulters
Operators in the Nigerian oil and gas industry only marginally decreased the amount of gas that was flared, from…
OML 18: NNPCL And Its JV Partner Fire Operator Eroton
Oil Mining Lease 18 now has NNPC Eighteen Operating Limited as its operator in place of Eroton Exploration and…
Marketers To Sanction Fuel Stations And Depots Charging Excessive Prices.
A task force has been organized and deployed by oil marketers under the direction of the Petroleum Retail Outlet…
How Rising Oil Output May Help FG Achieve Its Income Objective
The Nigerian National Petroleum Company Limited's Group Chief Executive Officer, Mele Kyari, recently stated that…
In Nigeria, W/Bank Deploys 100 Solar Grids
According to the World Bank, the National Electrification Project's market-driven approach to small grid…
Nigerian Growth Is Affected By Energy Costs, Pollution, And Other Factors.
Inappropriate price increases for pre-paid meters "Particularly south of the Sahara, Africa's domestic gas markets…
FG Finds New Sites For 681,000 Barrels Per Day Of Oil Production
The Federal Government has discovered new oil resources with a daily production capacity of 1.52 billion standard…
OML 18 Is Taken Over By NNPCL As The EFCC Investigates Eroton
After months of inaction brought on by a variety of concerns, including money being diverted, governance…
Nigeria Awards a $70 million Annual Electricity Concession to a Local Company.
The Bureau of Public Enterprises (BPE) reported that Nigeria has selected local energy company Mainstream Energy…
FG Plans To Earn N29 Trillion Annually By Reopening Shut Oil Wells.
The Federal Government is reopening closed crude oil wells in an effort to increase monthly oil production from…
Westasolar Company Encourages The Use Of Solar Energy
A 148kWp solar installation at Froot Multitrade Nigeria Limited and a 600 kWp solar installation at Sacvin Nigeria…
Oil Production Has Increased To 1.6 Million Barrels Per Day, According To NNPCL
Nigeria's oil production surged to 1.6 million barrels per day, according to the Nigerian National Petroleum…
Fuel Queues Likely to Reappear in Nigeria Due to Supply Shortage.
Leading oil marketers said that NNPCL depots, which supply private depots across the nation, ran out of supplies…
FG Estimates That Inaccurate Measuring Causes 40% Of Oil Losses.
According to the Federal Government, measurement errors—not theft—are to blame for about 40% of the quantities of…
According To Kyari, The Demand For Energy In Nigeria And Other Countries Would…
According to Mr. Mele Kolo Kyari, Group Chief Executive Officer of Nigerian National Petroleum Company (NNPC)…
Pinnacle Oil And Gas Writes The DSS, Alleging a Plot To Violate The Peace And…
Pinnacle Oil and Gas Limited has filed a petition with the Director-General of the Department of State Services…
2022 Non-Oil Export Revenue Of $4.8 billion, According To NEPC
The Nigerian Export Promotion Council has pledged to make sure that Nigeria surpasses the $4.82 billion it made…
Ex-Depot Gasoline Prices Have Increased By 100% In The Last Four Months.
The ex-depot price of Premium Motor Spirit, also known as gasoline, had increased by 110%. According to the…
Nearly 800 Billion Euros Are Spent In Europe On The Energy Crisis
Researchers said on Monday that the cost for European nations to protect people and businesses from rising energy…
Distribution Of Crude Oil Database From NMDPRA And CBN
The Central Bank of Nigeria, the Nigerian Midstream and Downstream Petroleum Regulatory Authority, and other…
500 MW Power To Be Supplied To National Grid By Second Quarter.
GE Gas Power has said it is looking forward to pushing close to 500 megawatts (MW) of additional power into the…