The  Director/Chief Executive Officer, Department of Petroleum Resources (DPR) Mr Sarki Auwalu says the department, as a business enabler, would support the Nigerian National Petroleum Corporation (NNPC) to deliver value to Nigerians. Auwalu gave the assurance when a delegation of NNPC management team led by the Group Managing Director, Malam Mele Kyari, visited the DPR, […]

Domestic gas supply to gas fired generating plants (GenCos) across the country rose significantly by 0.51 million standard cubic feet per day (mmscfd) to 2,505mmscfd in the first quarter (Q1) of 2021.

Some dealers in Liquefied Petroleum Gas, otherwise called cooking gas, in Nsukka have blamed its price hike on the reintroduction of import tax on the commodity. Those who spoke on the development in separate interviews with the News Agency of Nigeria (NAN) in Nsukka on Thursday urged the Federal Government to repeal the tax. They […]

By Obas Esiedesa The enactment of a new law for the oil and gas industry, the Petroleum Industry Act, PIA, in Nigeria has raised hope amongst stakeholders with many saying that for the first time, the petroleum sector is ready to play a major role in the growth of the Nigerian economy. For Nigeria’s oil […]

By Obas Esiedesa Power generation fell by 35.7 per cent to stand at 1,506.9 Mega Watts, MW, as at Monday, from the 4,221.1MW average generation recorded on Sunday. The fall in generation came as operators continued to bicker over the status of Eligible Customer Regulations, ECR, which allowed power generation companies, GenCos, to supply electricity […]