News

Lagos State government is seeking partnerships that will deliver the local production of between 600,000 and 1 million electricity meters to meet the needs of citizens and address challenges associated with estimated billing. Olalere…
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A Nigerian court carried out the first convictions under a new piracy law, part of the West African nation’s effort to stem rising maritime crime off its shores. The Federal High Court in Port Harcourt ordered three men to pay fines of…
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Nigeria’s full compliance to the OPEC+ deal hangs on a key oil grade being treated as a condensate. Since OPEC+ allowed ultra-light oil to be exempt from its production cut deal, the West African nation’s Agbami has been a bone of…
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The new electricity deal between the Nigerian government, its German counterpart and Siemens AG, will see the upgrading of 105 power substations and the construction of 70 new ones, the Minister of Power, Mr. Sale Mamman has said. …
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…As Shell sits on Zabazaba, Bonga FIDs Incoming Chairman of ExxonMobil affiliates in Nigeria, Mr Richard Laing, sits on a table with a list of approved offshore field development plans that could increase the company’s operated…
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The Managing Director of MRS Oil Nigeria Plc, Mrs Priscilla Thorpe-Monclus, and Director, Mr Christopher Okorie have resigned appointment with Company, effective August 5, 2020. The Oil marketing giant, which confirmed the resignation…
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Crew members kidnapped in early July in a pirate attack on the BW Offshore-owned FPSO Sendje Berge have been released. The pirate attack happened on 2 July 2020 some 30 nautical miles southwest from Bonny Island, Nigeria. Nine…
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President Muhammadu Buhari has approved the establishment of a Judicial Commission of Enquiry to investigate the alleged financial impropriety and mismanagement of recovered assets levelled against the suspended Acting Chairman of the…
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The Management teams of Kaduna Electric and Kaduna Refining and Petrochemicals Company (KRPC) have reached an agreement to connect KRPC to the national grid. This followed the signing and exchange of contract documents which held at the…
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The efforts of the government of Senator Hope Uzodinma to boost the economy of Imo State has received a huge boost following the move by the government to recover some oil wells wrongly ceded to Rivers State. Imo and her neighboring…
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