In Nigeria, 75% of the Power is Produced by Generators.
According to the most recent assessments from the Society for Planet and Prosperity, GCA Capital Partners, and Climate Advisers Network,…
Category: Energy
Anger as NNPCL Hiring an Expatriate to Lead a Subsidiary
The nomination of Jean-Marc Cordier as the head of the Nigerian National Petroleum Corporation Limited’s oil trading division has sparked…
Inflation Can’t Reduce With High Fuel Price – Abuja chamber
According to the Abuja Chamber of Commerce and Industry, the price of Premium Motor Spirit, more commonly known as gasoline,…
Eroton Remains OML 18 operator, MD Declared.
Eroton Exploration and Production Company Limited, on Wednesday, insisted that it remained the operator of OML-18 in line with the…
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, Executive Director of…
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 pump…
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 oil theft…
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, has ordered…
New Substations and Transformers Push Power Above 4,000MW
With the installation of transformers, substations, and other accessories to increase supply, power generation on the national grid has remained…
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 subsidiary, NNPC…
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 (b/d) from certain big projects in…
In An Effort To Increase Nigeria’s Non-oil Exports, NEXIM Meets With Saudi Eximbank And IsDB.
A powerful delegation from the Nigerian Export-Import Bank (NEXIM), led by the Managing Director/Chief Executive, Mr. Abba Bello, Executive Director…
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 10…
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 Production…
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 Owners…
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 the nation was on its…
In Nigeria, W/Bank Deploys 100 Solar Grids
According to the World Bank, the National Electrification Project’s market-driven approach to small grid development has sped up the installation…
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 are still underdeveloped or non-existent,…
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 cubic feet of…
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 violations, and debt to…
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 Solution Ltd to operate…
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 various Niger…
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 Limited have…
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 Corporation Limited, falling only…
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 over the…
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 crude oil losses…
According To Kyari, The Demand For Energy In Nigeria And Other Countries Would Increase By 35%.
According to Mr. Mele Kolo Kyari, Group Chief Executive Officer of Nigerian National Petroleum Company (NNPC) Limited, they predicted rise…
Pinnacle Oil And Gas Writes The DSS, Alleging a Plot To Violate The Peace And Sabotage The Economy.
Pinnacle Oil and Gas Limited has filed a petition with the Director-General of the Department of State Services (DSS), alleging…
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 from non-oil…