Lower Crude Oil Production Means Less Electricity, NERC Cautions
Adaobi Rhema Oguejiofor
The Nigerian Electricity Regulatory Commission (NERC) has cautioned that a significant drop in Nigeria’s crude oil production will result in the reduced availability of natural gas for power plants, and this!-->!-->!-->!-->!-->…
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FG Gives Update on Approval of Electricity Tariff Increment
By Moses Patience Chat
The Federal Government has responded to claims of a purported electricity tariff increment by Electricity Distribution Companies (Discos), beginning from July 1.
The Assistant General Manager!-->!-->!-->!-->!-->!-->!-->…
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Global Oil Industry Needs Increased Capital Deployment From Private Sector- OPEC
By Moses Patience Chat
Global development financiers attending this year’s Organisation of Petroleum Exporting Countries (OPEC) Fund’s forum in Vienna, Austria, have pledged a strong commitment to remodeling their investments to!-->!-->!-->!-->!-->…
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Nigeria Records Zero Collapse of National Grid in Q4 2022
Adaobi Rhema Oguejiofor
The Nigerian Electricity Regulatory Commission (NERC) has said that the country did not record any national grid collapse in the fourth quarter of 2022.
The Commission stated this in its latest!-->!-->!-->!-->!-->!-->!-->…
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Bayelsa, Rivers Communities Benefit From NNPC, Shell “Vision First” Programme
By Moses Patience Chat
Hundreds of people from Rivers State’s Edeoha community in Ahoada East Local Government Area, and in Bayelsa State’s Onopa Community in Yenagoa Local Government Area have benefited from a free!-->!-->!-->!-->!-->…
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Ebenyi Oil Well will Boost Human Development in Northern Nigeria- Kano Emir
Adaobi Rhema Oguejiofor
The Emir of Kano, Alhaji Aminu Ado Bayero, has described the discovery and ongoing drilling of crude oil in Obi Local Government Area (LGA) of Nasarawa State as a milestone that will push forward the economic!-->!-->!-->!-->!-->…
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FG Deploys Additional Mini-Grids in Rural Communities
Adaobi Rhema Oguejiofor
The Federal Government at the weekend disclosed that it has increased the deployment of mini-grids in order to boost power supply in rural communities, as well as help reduce the effect of the recent!-->!-->!-->!-->!-->…
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Four Injured in Lagos Gas Explosion
By Moses Patience Chat
Four people have sustained fatal injuries after gas cylinders exploded at Ijaiye in the Agege area of Lagos State.
Valuechain gathered that the explosion occurred in the early hours of Monday in a!-->!-->!-->!-->!-->!-->!-->…
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Ekiti Police Apprehends Two Suspects for Petrol Theft
By Moses Patience Chat
Operatives of Rapid Response Squad (RRS) of the Ekiti State Police Command have arrested two suspects involved in siphoning petrol from the generating plants used in powering street lights in Ado Ekiti, the!-->!-->!-->!-->!-->…
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NMDPRA, Oil Marketers Predict Mergers as Competition Begins
Adaobi Rhema Oguejiofor
The marketers and operators of the oil and gas sector have said that the deregulation of the downstream petroleum sector after the removal of petrol subsidy is expected to bring about mergers and acquisitions!-->!-->!-->!-->!-->…
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