Archives for ENERGY - Page 33
Oil drops $3 on positive signals from Russia-Ukraine peace talks
Oil prices dropped on Tuesday, extending losses from the previous day on signs of progress in talks between Russia and Ukraine to end their weeks-long conflict, with prices further pressured…
Fuel Scarcity: NNPC Assures Availability Of I.6bn Litres of PMS in Stock
NNPC logo The Nigerian National Petroleum Company Limited (NNPC) has given assurance of availability of over billion litres of the petrol in stock for the consumption of Nigerians nationwide.…
Oil theft: FG probes oil firms over production output, others
Drums of oil The Federal Government has set up a panel of experts to audit the activities of oil companies in the upstream petroleum industry in the last two years…
Power sector on brink of collapse over low grid, 14 idle plantsÂ
Power, illustration  All appears not well with the Nigerian power sector as strong indications have shown it’s now heading for the rocks. Recent developments in the sector suggest the…
Seplat Advocates Technology Adoption for Educational Development in Nigeria
Empowers 220 Teachers, CIEs in Edo and Delta States Seplat logo Seplat Energy Plc, leading indigenous energy company and its partners, the Nigerian Petroleum Development Company (NPDC), have awarded…
NNPC moves to acquire FG’s power plants, meets BPE
NNPC logo  The NNPC’s Group Managing Director, Mele Kyari, disclosed this when he led the management team of the oil company on a courtesy visit to the Bureau of Public…
Oil-producing communities kick, want Senate to review PIA Â
Members of the Host Communities Producing Oil and Gas are kicking against identified loopholes in the Petroleum Industry Act and are calling on the Senate to effect necessary modifications in…
Seplat Energy, ExxonMobil Transaction: No Event of Cancellation occurred
Seplat logo Seplat Energy has become aware of newspaper and social media reports that the Nigerian National Petroleum Company Limited (NNPC) has exercised a right of pre-emption under the…
NNPC releases additional 381.8 million litres of fuel
NNPC logo The scarcity of Premium Motor Spirit, popularly called petrol, has refused to abate despite claims by the Nigerian National Petroleum Company Limited that it has been releasing hundreds…
NNPC warns against fuel price hike
NNPC logo The Nigerian National Petroleum Company Limited (NNPC) has sounded a note of warning to marketers against selling petrol above the official price. The Group Managing Director, Mele Kyari,…