News

Port Harcourt Joins to Sell Fuel at N 150 Per Littre

Port Harcourt has joined in adjusting their pumps to N150 per litre flat for fuel. The Petroleum Products Marketing Company (PPMC) had announced adjustment of pump price from N143.50 to N148.50 per litre for August, 2020.

Read More

NNPC wants to Become an Integrated Energy Company, What Does it Really Mean?

The Nigerian National Petroleum Corporation (NNPC) says its on-going reform is geared towards transforming the corporation from an oil and gas company into an integrated energy outfit.

Read More

ENI Says Allegations Against it in Respect of OPL245 were all False

Eni one of the companies that is involved in the controversial OPL245 has debunked the allegations that were levied against it, saying it hey were totally incorrect.

Read More

Nigeria's PPMC Fixes Petrol Ex- deport Price at N138.62 Per Litre

The Petroleum Products Marketing Company (PPMC), the downstream subsidiary of the Nigerian National Petroleum Corporation (NNPC), has fixed the ex-depot price of Premium Motor Spirit, also known as petrol, at N138.62 per litre.

Read More

Completed Modular Refineries Ignite Hope of an End to Petrol Imports

Three modular refineries are set to come on stream before the end of this year providing a capacity to refine over 20,000 barrels per day of crude oil, raising hope that the country could one day cut its import of refined products.<

Read More

BEDC to Cut off Edo Communities feom Abuja Disco with New 33KV Line

The authorities of Benin Electricity Distribution Company (BEDC) on Tuesday said it has concluded plans to award contract for the construction of 33KV line from Okpella in Etsako East to Igara in Akoko-Edo local government areas of Edo.

Read More

What Shell Writes Down of Nigeria's $1.3 billion Oil-field Scandal Means

Multinational Petroleum oil and gas giant, Royal Dutch Shell, announced that it would write down its investment in the controversial Malabu OPL 245 offshore field in Nigeria, a decision that comes with huge implication for a field at the heart of protracted litigation in Italy.

Read More

Ortom Inspects 60 Additional Transformers for Distribution Communities

Governor Samuel Ortom today inspected 60 additional units of transformers procured by his administration through the Ministry of Rural Development and Cooperatives.

Read More

Reports of Missing 48m Barrels of Crude Spurious- NNPC

The Nigerian National Petroleum Corporation (NNPC) late Thursday dismissed the reports that senior officials of the corporation sold 48 million barrels of crude oil to China in 2015.

Read More

Lack of Synergy between DisCos, TCN will Render Transmission of 800mw Ineffective- Stakeholders

Inability of electricity distribution companies (Discos) to have access to many of the transmission transformers installed by the Transmission Company of Nigeria (TCN) will render the transmission of the expected 8000 megawatts of electricity from those transformers ineffective.

Read More