The Petroleum Tanker Drivers Branch of National Union of Petroleum and Natural Gas Workers (PTD-NUPENG) has threatened to stop loading petroleum products nationwide by Monday next week over harassment of its members by security agents.

By JEREMIAH UROWAYINO, Assistant Online Editor THE Group Managing Director, of UTM Offshore Limited, UTMOL, Mr. Julius Rone, OFR, fondly called ‘The Gas King’, has lived up to that title when he took the bold steps toward the implementation of Nigeria’s first floating liquefied natural gas, FLNG, facility. This, which is in line with the Federal […]

The Minister of Power, Abubakar Aliyu says that President Muhammadu Buhari-led administration will bequeath about 22,000 megawatts installed capacity of electricity by 2023.

Nigeria on Tuesday pledged its determination to achieve the vision of 30 Gigawatts of energy by the year 2030.

By Udeme Akpan NIGERIA, Algeria and Egypt, have been tipped to drive Africa’s Liquefied Natural Gas, LNG, export in the short term. In its latest report – The State of African Energy 2023 – obtained by Energy Vanguard, African Energy Chamber, AEC, disclosed that the three nations would drive the continent’s export volumes. It maintained that […]

By Udeme Akpan, Energy Editor THE price of Nigeria’s Bonny Light, yesterday, rose to $86 per barrel, from $85.49, indicating that the global market has started to respond as the European Union, EU ban on Russian crude commenced. The EU ban on all seaborne imports of Russian oil and a price cap of $60 per barrel […]

By Ediri Ejoh & Obas Esiedesa Three days after the Federal Government denied that it planned to hike the pump price of petrol, independent marketers have raised their price to N280 per litre. Checks on petrol situations in Abuja on Saturday morning showed that while NNPC Retail stations maintained a pump price of N179 per litre, […]

By Ediri Ejoh AS Nigeria begins to take     action towards energy transition, PPC Limited, Nigeria’s leading integrated solutions, engineering, and infrastructure development company, says the widespread adoption of renewable energy technology by the private sector will accelerate the diversification of Nigeria’s energy and power supply sources. The Head of Power Division at PPC, Engr […]

Record N191bn shortfall in 7 months By Obas Esiedesa POWER generation companies, or GenCos, are facing serious liquidity challenges after receiving just N262.075 billion of their total N453.575 billion invoice sent to the Nigerian Bulk Electricity Trading, or NBET, Plc, a payment performance of 57.7 percent. This left the power generators with an unpaid N191.5 billion […]

Gas flaring: FG woos investors in Europe, US, Canada to buy 50 clusters