Archives for ENERGY - Page 54
NNPC, others partner for 50MW Maiduguri power project
NNPC logo NNPC, others have partnered for 50MW Maiduguri power project – A step towards redeeming the pledge by the Nigerian National Petroleum Corporation (NNPC) to intervene in the…
Outrage over Buhari’s signing of PIB *President insensitive – PANDEF
The quests for oil in the Northern region and other parts of the country have received a significant boost with the signing of the Petroleum Industry Bill 2021 into…
NNPC records N43.57bn trading surplus in April
NNPC logo The Nigerian National Petroleum Corporation has recorded a trading surplus of in April 2021. This showed a per cent increase when compared with the surplus posted in the…
Petrol landing cost rises to N249/litre, deregulation remains uncertain
Drums of oil The landing cost of Premium Motor Spirit (petrol) imported into the country has increased to a new high of per litre on the back of high global…
Nigeria lost N53.26bn to gas flaring in two months – NNPC
NNPC logo Nigeria lost an estimated in the first two months of this year as international oil companies and local players flared a total of billion standard cubic feet of…
PIB: Marketers, TUC kick against fuel imports
Drums of oil By Ngozi Onyeakusi---- Fuel marketers and the Trade Union Congress of Nigeria, on Tuesday, kicked against a provision in the Senate version of the Petroleum Industry Bill…
Present Shape Of PIB To Create More Problem for Nigeria – Activist
By Ngozi Onyeakusi--- A political activist, Dr Nnamdi Onochie, has criticised the Petroleum Industry Bill (PIB) passed by the National Assembly (NASS) saying that it will bring more problems to…
Senators, Reps raise committees to harmonise positions on PIB
The Senate and House of Representatives have constituted two committees to fine-tune the controversial Petroleum Industry Bill (PIB) for presidential assent. The two chambers of the National Assembly last Thursday…
Nigeria can be world’s No. 1 oil, gas nation — NLNG
Managing Director, Nigeria Liquefied Natural Gas (NLNG) Mr Tony Attah has said Nigeria can become the world’s number one nation in oil and gas if deliberate actions are taken to…
Oil prices hits $77a barrel as OPEC+ calls off output talks
Oil prices rose on Monday, driven higher after OPEC+ nations called off talks on output levels, meaning no deal to boost production has been agreed. Brent was up 94 cents,…
