Archives for ENERGY - Page 44
PENGASSAN strike: NNPC allays fear of looming scarsity, says over 2.9bn petrol litres available for yuletide
The Nigerian National Petroleum Corporation (NNPC) has dismissed rumours of possible scarcity of petroleum products following ongoing disagreement between the Federal Government and members of the Petroleum and Natural Gas…
NNPC boosts power generation by 2,538MW in August
Nigerian National Petroleum Corporation (NNPC) has supplied 727 Million Standard Cubic Feet per day (mmscfd) of natural gas for power generation to the country in the month of August, 2020,…
FG to spend N269.38bn on six million free meters
The Federal Government is to spend between and on the provision of six million free meters to various unmetered power users across the country. Also, findings from separate quarterly reports…
Seplat pays $0.05 dividend to shareholders amid prevailing global challenges
Seplat Petroleum Development Company Plc, a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE), has announced its unaudited results…
Nigeria’s Power Sector Generates New 5,520.40MW
The power sector has generated 5, on Oct. 30 at pm. Mrs Ndidi Mbah, General Manager. Public Affairs, Transmission Company of Nigeria (TCN) made this known in a statement in…
NNPC debunks reports of bribe to NANS, funding of vote-buying in Ondo, considering legal redress
Nigerian National Petroleum Corporation has refuted reports in a section of the media alleging that it paid bribe to the National Association of Nigerian Students (NANS) and provided funds for…
NNPC Posts Crude Oil & Gas Export Receipts of $378.42m in June, records $4.60bn export sale in one Year
The Nigerian National Petroleum Corporation (NNPC) has announced a total crude oil and gas export receipt of $ in June 2020 as against $ it posted in May 2020, signally…
Oil exploration suffers setback as Nigeria’s rig fall 33%
With many oil and gas companies struggling to stay afloat amid the current market situation, exploration activity in the country has suffered a decline as the number of…
BEDC TO IMPROVE POWER SUPPLY IN IGARRA, ENVIRONS
By Ngozi Onyeakusi-- In attempt to significantly improve power supply to Igarra town and other communities in Akoko Edo LGA of Edo State, BEDC has finalized the design,…
China, Iran sign $400bn secret oil pack
China and Iran recently signed a 25-year trade deal not surprising given that one is a major OPEC producer and the other one of the world’s largest importers of crude.…