NERC Reveals Reason Discos Recorded 40% Revenue Loss in 2022
Adaobi Rhema Oguejiofor
The Nigerian Electricity Regulatory Commission (NERC) has advised electricity distribution companies (Discos) to make investments in infrastructure upgrades, as well as modernize their metering systems!-->!-->!-->!-->!-->…
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Ogun State Plans Establishment of Electricity Companies
By Moses Patience Chat
The Ogun State Governor, Dapo Abiodun, has announced that the state will establish a company that will generate and distribute power for the state. This comes after the recently signed Electricity!-->!-->!-->!-->!-->…
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Gbobo Becomes New MD of Shell Nigeria Gas
By Moses Patience Chat
Shell Petroleum Development Company (SPDC), a leading energy company, has announced the appointment of Mr. Ralph Gbobo as the new Managing Director (MD) of its gas distribution company, Shell Nigeria Gas!-->!-->!-->!-->!-->…
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Nigeria Levels Up with Angola as Africa’s Biggest Crude Oil Driller
By Moses Patience Chat
Nigeria has caught up with Angola in the drilling of crude oil, as both nations are now the biggest crude oil drilling markets in Africa, according to data from the June 2023 Offshore Rigs Tracker, released on!-->!-->!-->!-->!-->…
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Borno Releases 80 Buses, Pick-Up Vans to Ease Petrol Hike Burden
Adaobi Rhema Oguejiofor
The Governor of Borno State, Prof. Babagana Umara Zulum, has released 80 buses and pick-up vans in order to provide free transportation to farmers from their communities to their farmlands as a way of easing!-->!-->!-->!-->!-->…
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Iheanacho Demands Improved Environment for Marginal Refinery Owners
By Moses Patience Chat
The Chairman of Integrated Oil and Gas Company (IOGC), Captain Emmanuel Iheanacho, has said that marginal refinery owners need an improved environment to encourage the operations of such refineries as a!-->!-->!-->!-->!-->…
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Business Leaders Should Embrace Change to Stay Ahead- Rainoil GMD
Adaobi Rhema Oguejiofor
The Group Managing Director (GMD) of Rainoil Limited, Dr. Gabriel Ogbechie, has said that entrepreneurs must adopt and embrace certain changes in order to stay ahead of the business game, as well as!-->!-->!-->!-->!-->…
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HYPPADEC Moves to Address Water Shortage In Kebbi State
Adaobi Rhema Oguejiofor
The Managing Director (MD) and Chief Executive Officer (CEO) of the Hydroelectric Power Producing Areas Development Commission (HYPPADEC), Alhaji Abubakar Sadiq Yelwa, has taken a team of water engineers from!-->!-->!-->!-->!-->…
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Decklar Resources Moves 55,000 Barrels of Crude Oil to Edo Refinery
By Moses Patience Chat
Decklar Resources Incorporated and its co-venturer, Millenium Oil and Gas Company Limited, have stepped up trucking of crude oil from the Oza Oil Field to the Edo Refinery and Petrochemicals Company Limited!-->!-->!-->!-->!-->…
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NARTO Plans to Acquire 1,000 Gas-Powered Trucks to Transport LPG, CNG
Adaobi Rhema Oguejiofor
The Nigerian Association of Road Transport Owners (NARTO) has announced that it plans to acquire 1,000 trucks that are Gas-Powered for the purpose of transporting Compressed Natural Gas (CNG) and Liquefied!-->!-->!-->!-->!-->…
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