Energy
Oil & Gas and Power Sector related news
NNPC GMD says recent oil price surge is cosmetic, driven by sentiments
The supply will overshoot the demand in a short time and we will likely slide to where we were in...
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Brent crude falls, global investors fear strengthened on resurgence of COVID-19 cases
Investors' concerns strengthen over the pace at which the global economic recovery from COVID-19 overriding OPEC+ pledge to extend oil...
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Nigeria explains when it will fully comply with OPEC+ output cut
Mele Kyari disclosed that the country will implement all of the output cuts that were agreed, by the middle of...
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NERC to sanction 7 DisCos over uncapped estimated billing
NERC gives 7 electricity distribution companies a timeframe of 14 days to explain why they should not be sanctioned.
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4 key reasons why Brent crude might slip back to $35 per barrel
Despite the output cuts from OPEC+ and curtailments in North America, crude oil prices may be short-lived as Brent crude...
Read moreOPEC and Alliance Output Cut are not enough to mitigate Brent’s Oversupply Issues
Brent crude still needs to deal with its oversupply issues before it can successfully move on with its current price range of $40 and $50 per...
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Marketers are not allowed to fix fuel pump price – PPPRA
The Petroleum Products Pricing Regulatory Agency (PPPRA) has said that contrary to recent publications, the marketers were not allowed to...
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