Industry

The Federal Government has taken a significant step towards improving the country’s power infrastructure by approving billions of naira for various projects. Minister of Power, Adebayo Adelabu, said out of the projects, the Federal…
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The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Engr. Bayo Ojulari, on Thursday, expressed support for NLNG’s growth and long-term sustainability agenda, during a visit to the NLNG…
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NNPCLtd official logo THE pricing competition among petroleum marketers continued this week as the Nigerian National Petroleum Company Limited (NNPC) reduced its petrol prices across its retail outlets to N865 per litre in Lagos and…
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… Licensing Reforms, Fiscal Incentives Drive Surge In Upstream Investor Interest …37 New Evacuation Routes Significantly Curtailed crude theft Nigeria’s crude oil production has reached 1.83 million barrels per day (mbpd) as of…
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Officials of the Nigerian Content Development and Monitoring Board (NCDMB) and the Petroleum Technology Association of Nigeria (PETAN) shared insights on Nigeria’s local content implementation and lessons for other African nations on…
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The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has inspected the NNPC/Chevron Nigeria Limited (CNL) Joint Venture EGTL facility in Escravos, Delta State. He reiterated its commitment to sustaining…
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The Federal Executive Council (FEC) has approved four critical reforms aimed at strengthening Nigeria’s national electricity grid and addressing the country’s power sector challenges. The approval, announced on Wednesday, comes as…
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*Power transmission substation. Nigeria has approved a phased plan to refinance 4 trillion naira ($2.61 billion) in electricity sector debt to help stabilise the nation’s ailing power industry and improve supply, its finance minister…
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…Plan Collaboration with APPO, AU Oil and gas service providers across Africa have formed a continental forum known as the African Local Content Organisation (ALCO), with the goal of collaborating among themselves to deliver complex…
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Wale Edun, the minister of finance and coordinating minister of the economy, says he presented a proposal to the federal executive council (FEC) to enable the federal government to clear the N4 trillion debt owed to power generation…
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