Heirs Energies, Renaissance Africa collaborate to drive Nigeria’s oil and gas devt
Heirs Energies Limited and Renaissance Africa Energy Company have expressed mutual commitment to strategic collaboration following a high-level courtesy visit by Osa Igiehon, CEO of Heirs Energies, to Renaissance's leadership team, led by the Managing Director, Tony Attah.
A’Ibom govt sues ExxonMobil over attempt to sell assets without consent
By Chioma Onuegbu, Uyo Akwa Ibom State government has dragged ExxonMobil to court over an attempt to sell off some of its assets without informing it as a critical partner about the intention to carry out such a major activity. ExxonMobil had recently informed the general public that it had reached an agreement to sell […]
Nigeria remains in darkness despite N77bn paid GENCOs by NBET
By Obas Esiedesa Despite the N38 billion paid power generating companies, GENCOs, by the Nigerian Bulk Electricity Trading Plc, NBET, for December cycle and another N39 billion for January, the power supply situation in the country has not improved, as generation remains at low 2,054.70MW. Checks on the national grid performance by Vanguard showed that […]
FG mulls crude transportation by truck over high-level of theft
By Obas Esiedesa, Abuja The Federal Government has said high-level cases of oil theft have become a threat to the country’s corporate and economic existence, with the industry now thinking of transporting crude oil from fields to export terminals by trucks. This is as it raised an alarm over the rising rate of crude oil […]
Oil Price: Bonny Light rise to $109.2 per barrel
Oil Price: Bonny Light rise to $109.2 per barrel
Power generation now 3,522.80 MW
Power generation now 3,522.80 MW
