Energy
Oil & Gas and Power Sector related news
Ikeja Electric warns customers not to pay staff for metering
Ikeja Electric Plc Customers are to decline paying the company's staff for metering of their residence.
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Widespread interest as over 300 companies apply for the marginal oil field bid
Over 300 companies have applied to be prequalified for the Nigerian Marginal Field Bid Round.
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Seplat transforms to full-fledged holding company, transfers oil assets to subsidiary
The new arrangement is expected to result in a simplified management framework for the Group.
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Minister of Power states the impact of COVID-19 on power sector
This year shall be a big year for infrastructural investments and upgrades in the sector.
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FG appoints Eweluka as NBET MD, as finance, power ministers wrestle
Eweluka would succeed Dr Marilyn Amobi as substantive CEO with immediate effect.
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Petrol supply drops by 21%, NNPC gives reasons for high production cost
There is a need for efforts to be geared to pull the cost of producing a barrel of crude.
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Senate to review 2013 power privatisation, questions FG’s funding
Government should not be given free money. N1.8 trillion has been given to DISCOs maybe in their books.
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NNPC releases audited financial statements, refineries record losses of N154 billion
The NNPC also published the audited accounts of its 20 subsidiaries and business divisions.
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NNPC, partners to invest 53% of COVID-19 N21 billion intervention
NNPC and partners would be investing 53% of the N21 billion COVID-19 donations from the oil and gas sector.
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Oil prices hit the biggest daily decline on COVID-19 resurgence, inventories
This year has been a turbulent one for the oil market as crude oil prices went negative for the first...
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