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Energy
Tanker Drivers Shutdown NSCDC over Impounded 130,000 litres of Petrol
By Moses Patience Chat
Members of the Petroleum Tanker Drivers (PTD) branch of the National Union of Petroleum and Natural Gas Workers (NUPENG) have shut down activities at the Rivers State Command of the Nigeria Security and Civil!-->!-->!-->!-->!-->…
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Petroleum Marketers Threaten to Stop Supplies Over Outstanding Payments
Adaobi Rhema Oguejiofor
The Natural Gas and Oil Suppliers Association of Nigeria (NOGASA) has asked the Federal Government to pay up the billions of naira it owes marketers for bridging costs that accumulated, which he said should!-->!-->!-->!-->!-->…
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SNEPCo Remits Over $900 million in Tax, Royalties to Nigeria in 2022
By Moses Patience Chat
Shell Nigeria Exploration and Production Company (SNEPCo) has said that it paid a total of $907 million as taxes and royalties to the Nigerian government in 2022 as part of its contribution to the national!-->!-->!-->!-->!-->…
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FG to Offer Cheaper Alternatives to Petrol as Palliative Measures
Adaobi Rhema Oguejiofor
The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, Mallam Mele Kyari, has said that President Bola Ahmed Tinubu is planning to offer Nigerians alternatives to!-->!-->!-->!-->!-->…
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IEA Projects Decline in Global Oil Demand by 2028
By Moses Patience Chat
The International Energy Agency (IEA) has projected a decline in the growth of global demand for oil due to high prices and security of supply concerns caused by global energy crisis which!-->!-->!-->!-->!-->…
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Nigeria Gets $50mn Fund to Boost Renewable Energy Access
By Moses Patience Chat
The Global Energy Alliance for People and Planet (GEAPP) in partnership with Nigerian investment firm, Chapel Hill Denham (CHD), has established a new local fund model called the Energy Transition & Access!-->!-->!-->!-->!-->…
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OPEC to Celebrate 60th Anniversary in Bagdad
Adaobi Rhema Oguejiofor
The Organization of the Petroleum Exporting Countries (OPEC) has disclosed that it will be commemorating its Diamond Anniversary in Baghdad, Iraq on Friday, 16th June 2023.
The Organization made this!-->!-->!-->!-->!-->!-->!-->…
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NNPC Denies Issuing License for Fuel Import
By Moses Patience Chat
The Nigerian National Petroleum Company (NNPC) Limited on Tuesday denied claims that it has already issued a license to Alhaji Aliko Dangote, the owner of the Dangote Refinery, to import Petroleum Motor!-->!-->!-->!-->!-->…
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ExxonMobil Nigeria Appoints New Vice Chairman
Adaobi Rhema Oguejiofor
ExxonMobil, the second largest crude oil producer in Nigeria, has appointed Mrs. Adesua Dozie as the new Vice Chairperson for its Nigerian affiliates, Mobil Producing Nigeria (MPN) Unlimited and Esso!-->!-->!-->!-->!-->…
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FG Urged to Hasten Power Reforms, Improve Electricity Supply
By Moses Patience Chat
The Center for the Promotion of Private Enterprise (CPPE) has advised the Federal Government to hasten the Presidential Power Initiative and reforms in order to improve electricity supply in the country.
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