Archives for ENERGY - Page 53
Oil Prices Rise On Saudi Cuts To US, Venezuela Struggles To Keep Up Exports
Oil prices rose for a third day on Thursday pushed up by lower imports into the United States amid OPEC efforts to tighten the market as well as…
Power supply back in Igbokoda as Osinbajo commissions BEDC, NDPHC restoration project
Residents of Igbokoda in Ilaje Ese Odo local government in Ondo South senatorial zone who have resigned their fate to living without electricity for the past five…
NNPC Strikes $8.441 Billion Joint Venture Deals With SEEPCO, Shell, Agip, Others To Develop Oil Leases, Boosts Gas Production
In an effort to further consolidate the revenue profile of the Nigeria National Petroleum Corporation (NNPC), the Group Managing Director (GMD) Dr. Maikanti Baru and his management…
Stop attacks against BEDC, 46 CSOs warn
By Ngozi Onyeakusi --- Against the backdrop of incessant hostility mounted on its operation, electricity consumers in Edo State, especially those hiding under the cover of civil rights…
NNPC Is A Mafia Organization , I’ll Privatize It – Atiku
The presidential candidate of the Peoples Democratic Party, Atiku Abubakar, said on Wednesday that he would privatise the Nigerian National Petroleum Corporation if elected, describing the state-owned oil…
Cabotage: NCDMB Develops Five-year Vessel Demand Profile For Oil, Gas Operations
The Nigerian Content Development and Monitoring Board (NCDMB) in partnership with key stakeholders have developed a five-year vessel demand profile for oil and gas operations in the…
Nigeria Loses Over N244.8bn to breaches in Forcados pipeline – NNPC
The Nigerian National Petroleum Corporation said on Tuesday that over $800m () had been lost to breaches in the Trans Forcados Pipeline, one of the nation’s key…
Subsidy Debt: Pay Us Now Or Face Industrial Action in 7 Day, Oil Marketers Tells FG
Oil marketers have issued a seven-day ultimatum to the Federal Government for the payment of all outstanding subsidy debts, including foreign exchange differentials and interest rate…
Shell contributed N338.12bn to NDDC since 2002’
The General Manager, External Relations, Shell Petroleum Development Company of Nigeria Limited, Igo Weli, has said Shell companies alone contributed to the Niger Delta Development Commission between…
Subsidy Debt Payment Delay Worries Oil Marketers
By Ngozi Onyeakusi -- The Major Oil Marketers Association of Nigeria and the Depot and Petroleum Products Marketers Association of Nigeria have expressed worry over the delay in…