NNPC Ltd/First E&P JV Achieves 96% Reduction in Routine Gas Flaring

NNPC Ltd/First E&P JV Achieves 96% Reduction in Routine Gas Flaring CHIGOZIE  AMADI In a significant stride towards supporting Nigeria’s commitment to reducing greenhouse gas emissions by...

Aba Power Recovers 50MW, Turns On A New Turbine

Aba Power Recovers 50MW, Turns On A New Turbine Less than 48 hours after Aba Power, Nigeria’s newest electricity distribution company (DisCo), assured electricity consumers...

EnergyGas LNG shipping rates plunge on increasing vessel availability

EnergyGas LNG shipping rates plunge on increasing vessel availability Shipping costs for LNG cargoes have tumbled to five-year lows as newly built carriers added to...

Striking workers throw customers into darkness as Kaduna DisCo sack 450

Striking workers throw customers into darkness as Kaduna DisCo sack 450 CHIGOZIE AMADI Kaduna Electric has confirmed sacking of 450 of its employees, leading to an...

Govt releases power tariff hike guidelines for DisCos

Govt releases power tariff hike guidelines for DisCos CHIGOZIE  AMADI As controversies trailed the purported electricity tariff hike by the Federal Government, the Nigerian Electricity Regulatory...

Crude producers diverting 500,000bpd meant for local refineries, PETROAN alleges

Crude producers diverting 500,000bpd meant for local refineries, PETROAN alleges The Petroleum Products Retail Outlets Owners Association of Nigeria has alleged that oil producers are...

Nigeria’s crude production cost rises to $40/barrel – Report

Nigeria’s crude production cost rises to $40/barrel – Report CHIGOZIE AMADI Nigeria’s cost of producing crude oil has risen to about $40 per barrel, a report...

Dangote refinery, FCCPC differ as NNPCL insists on fuel import

Dangote refinery, FCCPC differ as NNPCL insists on fuel import The Federal Competition and Consumer Protection Commission has urged the Federal High Court in Abuja...

Oil pares losses after Saudi price increase

Oil pares losses after Saudi price increase   Oil prices ticked up in early Asian trading on Thursday, steadying from a sell-off the previous day after...

Total CEO says company rejected Venture Global as LNG supplier over lack of trust

Total CEO says company rejected Venture Global as LNG supplier over lack of trust   TotalEnergies rejected opportunities to become a long-term customer of Venture Global...
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