Archives for ENERGY - Page 46
Seplat Gets Buhari’s Consent To Acquire Exxon Mobil shares
Seplat logo Seplat Energy Plc, has announced that it has gotten the Consent of President Muhammadu Buhari's Consent for cash acquisition of the entire share capital of Mobil Producing Nigeria…
Kerosene hits over N800/litre, Nigerians face hard times
The price of kerosene used by several families have jumped to N800 per litre just as the market is beginning to adjust to the newly increased petrol and gas prices.…
IOCs’ divestment: Opportunity for indigenization in Nigeria – Seplat Boss
Seplat logo In this era of divestments by the International Oil companies (IOCs) from Nigeria, indigenous energy companies with the right competences and wherewithal are natural partners to government in…
Finally Marketers take laws into their hands, hike petrol price to N170-N190/litre
Fuel Premium Motor Spirit popularly known as petrol will now be sold between N170/litre and N190/litre in filling stations across the country, following what is believed to be a subtle…
Fuel queues disappear as marketers dispense above N165
Fuel The queues by motorists for Premium Motor Spirit, popularly called petrol, which had persisted since February in Abuja and environs, gradually disappeared on Thursday as more filling stations joined…
Fuel price halts at N200/litre, high fares linger
Motorists and commuters in Lagos and Ogun states on Tuesday again, lamented the biting consequences of the lingering fuel scarcity as the situation remained unchanged from the trends experienced over…
Nigerian Businesses Resort To Solar As Diesel Costs Bite
Nigerian businesses have resorted to alternative power sources after the cost of diesel soared locally due to rising global oil prices. Supply constraints could, however, hamper their ability to…
No basis for takeover of BEDC, says management
… assures customers, stakeholders of continuing operations The management of Benin Electricity Distribution Company (BEDC) Plc has said there is no legal basis for the takeover of the company following…
NUPENG knocks FG over persistent fuel crisis
NUPENG logo The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) at the weekend gave the Federal Government hard knocks for the incessant fuel crises in the country,…
Reps grill NNPC, NMDPRA, marketers over rising petrol, diesel, gas prices
Fuel The Federal Government has said it regrets that the petroleum refineries are not working while ruling out the possibility of introducing subsidies on Automotive Gas Oil. It stated that…
