President Bola Ahmed Tinubu has said Nigeria’s plans to become industrialised, create jobs and achieve economic growth cannot be achieved if reliable energy is not generated,...
The deregulation of the down stream sector has appeared to be yielding the desired result as Emadeb Energy has imported 27 milion litres of Premium Motor...
Nigeria’s electricity generation, Friday, dropped Week-on-Week, by 16.4 per cent to 3,501.20 megawatts, MW, from 4,187.6 MW recorded Thursday, last week. Reports indicated that the situation...
Africa is home to 60% of the world’s highest quality solar resources, but has only 1% of the world’s installed solar power production capacity. An under-developed...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has expressed commitment to ensuring effective information on Industry Digital Automated Portal (IDAP) to monitor and report the Host...
The House of Representatives has rejected a move by the Nigerian Electricity Regulatory Commission (NERC) to approve any increase in electricity tariff. The resolution followed a...
The Nigerian National Petroleum Company Limited (NNPCL) has given reasons for the payment of an interim dividend of N123 billion to the Federation Account Allocation Committee...
Oil alone accounts for 40 pre- cent of the country’s GDP, 70 per cent of budget revenue, and 90 per cent of foreign exchange earnings. With...
Indigenous company, Belema Oil, Seplat and Nigerian Petroleum Development Company, an arm of the Nigerian National Petroleum Company (NNPC) were the worst offenders in the oil...
Seismic acquisition technology and solutions provider, STRYDE, has been awarded a contract worth over $1 million for the supply of 10,000 seismic receiver nodes and its...