The Nigerian National Petroleum Company Limited has said that there was no plan to increase the…
Power, Oil and Gas
Ardova Plc signs MOU with Shell to distribute lubricants branded products
Ardova Plc has notified the Nigerian Stock Exchange and investing public that it has signed a…
DPR releases guidelines for downstream gas facilities
The Department of Petroleum Resources has released guidelines for the establishment and operations of downstream gas…
NERC suspends tariff hike
The Nigerian Electricity Regulatory Commission has issued an order suspending the September 1, 2020 hike in…
NERC debunks claim of tariff increase
The Nigerian Electricity Regulatory Commission in a tweet via its official Twitter handle declared that it…
NNPC pledges to boost gas delivery to end users
The Nigerian National Petroleum Corporation (NNPC) has restated its commitment to working with relevant partners and…
Electricity tariff hike won’t affect poor- NERC
The Nigeria Electricity Regulatory Commission (NERC) on Monday assured that the proposed tariff hike, now suspended, would…
FG increases fuel pump price to N143
The Federal Government has increased the pump price of petrol from N140.80 to N143.80 per litre.…
Nigeria imported 5.26bn litres of PMS in Q1’20- NBS
The petroleum products importation statistics for Q1 2020 reflected that 5.26bn litres of Premium Motor Spirit…
World Bank approves $750m to boost electricity in Nigeria
The World Bank on Wednesday approved a $750 million International Development Association credit for Nigeria’s Power…
FG considers additional DisCos
The Federal Government has said that it is considering increasing the number of electricity distribution companies…
NASS increases crude oil benchmark price to $28
The National Assembly has reviewed the benchmark price of crude oil in the amended Medium-Term Expenditure…
FG cuts petrol pump price to N121.50 per litre
The Petroleum Products Pricing Regulatory Agency (PPPRA ) on Monday announced the reduction of the pump…
Oil demand to drop by 8.5 percent- OPEC
OPEC in its monthly report said it expects daily demand for oil to drop by some…
Ardova Plc announces closed period for approval of Q1 result
Pursuant to the post-listing requirements of The Nigerian Stock Exchange for quoted companies, Ardova Plc has…
Nigeria power generation drops to 1,601 megawatts
Power generation of the Nigeria Electricity Supply Industry (NESI) at on Wednesday, dropped to 1,601 megawatts…
Oil price drops to $31.48 per barrel
Brent crude on Sunday dropped to $31.48 per barrel despite the meeting of the Organisation of…