Heirs Energies, Renaissance Africa collaborate to drive Nigeria’s oil and gas devt
Heirs Energies Limited and Renaissance Africa Energy Company have expressed mutual commitment to strategic collaboration following a high-level courtesy visit by Osa Igiehon, CEO of Heirs Energies, to Renaissance's leadership team, led by the Managing Director, Tony Attah.
LPG: Nigeria expands investment in infrastructure – Report
Nigeria’s Liquefied Petroleum Gas, LPG sector has witnessed massive investment, targeted at putting in place new infrastructure to enhance the delivery and utilization of the product.
Gas Flaring: Nigeria loses N702bn as oil firms flare 241m scf
DESPITE Nigeria’s dwindling revenue occasioned by massive oil theft, the country has continued to suffer loss from its gas, as companies operating in the country’s petroleum industry flared 241.1 million standard cubic feet, MSCF, of gas in the first 11 months (January – November) 2023, according to latest data from the National Oil Spill Detection and Response Agency, NOSDRA.
Production shut-ins down 70% to 2.22mb
Production shut-ins down 70% to 2.22mb
CNG: Why Nigeria must invest in filling stations — NBC Boss
CNG: Why Nigeria must invest in filling stations — NBC Boss
FOREIGN INVESTMENTS: Nigeria loses to other African countries in oil, gas
FOREIGN INVESTMENTS: Nigeria loses to other African countries in oil, gas
Oil Price: Bonny Light rise to $109.2 per barrel
Oil Price: Bonny Light rise to $109.2 per barrel
Power generation now 3,522.80 MW
Power generation now 3,522.80 MW
Energy Crisis: FG raises electricity tariff amid growing shortage
Federal Government Wednesday admitted that it increased electricity tariff in February after a minor review.
Energy crisis: GenCos blame N1.64trn debt for low power supply
As the energy crisis facing the country deepened at the weekend, power generation companies in Nigeria (GenCos) have attributed low electricity generation to the National Grid to the N1.644 trillion owed them by the Nigerian Bulk Electricity Trading Plc.
‘Amending Constitution for states to generate, transmit, distribute electricity, good for consumers’
THE Managing Director/CEO, New Hampshire Capital Limited, Mr. Odion Omonfoman, has described the decision of the National Assembly, to amend the Constitution, thus allowing states to generate, transmit and distribute electricity in areas covered by the National grid, as an excellent development, capable of improving power supply nationwide.
Seplat Energy set to acquire Mobil Producing assets in Nigeria
“Seplat Energy is fully committed to working with the Nigerian Government to bring these strategically important national assets fully into Nigerian ownership alongside NNPC..”
Breaking: ExxonMobil reaches agreement to sell interest in MPNU to Seplat Energy
The International Oil Company, IOC, stated that, “ExxonMobil has reached an agreement to sell its equity interest in Mobil Producing Nigeria Unlimited to Seplat Energy, a Nigerian independent oil and gas company, through its wholly-owned subsidiary Seplat Energy Offshore Limited.”
Breaking: At last, oil price hits $100 per barrel on Ukraine crisis
At last, the price of crude oil (Brent) has hit the roof at $100 per barrel in the international market, due mainly to the ongoing Ukraine crisis.
Bad Fuel: Scarcity worsens; costs, storage delay removal
One week after detection of bad petrol in some states of the federation, evacuation is yet to start due mainly to huge volume of the product, logistics and costs to be borne in the process of moving it from depots and filling stations to designated points.
Car engines damaged as FG, marketers recall bad petrol
The supply of petrol, yesterday, worsened in Abuja, Lagos, Oyo and Ogun states because of limited stocks, due mainly to rejection of new supplies from importers of adulterated fuel into the country.
