Energy
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•Stakeholders query role of PEF • Suggest ways to make policy work Unless the challenges bedeviling the downstream sector of…
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Russia aligns as OPEC takes final decision on oil output cut
Barkindo Another meeting of Organisation of Petroleum Exporting Countries (OPEC) on oil output cut has just ended on Easter Sunday,…
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COVID-19: Ikeja Electric announces closure of offices to safeguard customers, staff
Ikeja Electric has announced partial closure of its offices stating that no physical transaction of business will take place across…
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Oil theft: Military accuses IOCs of sabotage
Operation Delta Safe, a military operation launched in 2016 by the Chief of Defence Staff, Gen. Gabriel Olonishakin to protect…
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‘Oil drop may force naira devaluation’
The plunge in oil prices is piling pressure on Nigeria to devalue the naira as export revenue depletes foreign-exchange reserves,…
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ANOH gas plant to boost power generation by 1200mw – Seplat
Seplat Petroleum Development Company Plc has said that the Assa North-Ohaji South (ANOH) gas and condensate processing plant in Imo…
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NNPC records 16% rise in gas supply to power
The Nigerian National Petroleum Corporation (NNPC) has said that the daily average natural gas supply to gas-powered plants in November…
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Electricity tariff hike will push cost above 40%, MAN warns
The Manufacturers Association of Nigeria (MAN), has charged the nation’s economic managers on the need to attract significant investment to…
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Chevron Announces Fourth Quarter 2019 Results
*Delivers on core financial priorities, demonstrates commitment to capital discipline and superior shareholder returns *Fourth quarter loss $6.6 billion; earnings…
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Coronavirus: Oil Prices Gain Weight
Oil prices yesterday broke a five-day losing streak after OPEC sources said the group, and its allies might tighten the…
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