By Tordue Salem – Abuja The House of Representatives has urged the Ministry of Power to make provision for an Electricity Substation in Ayedaade/Irewole/Isokan Federal Constituency of Osun in the 2022 budget estimates. The House mandated the Committees on Power and Appropriations, to include the provision of a substation in Ayedaade/Irewole/Isokan Federal Constituency of Osun […]

By Udeme Akpan The nation’s Liquefied Petroleum Gas, LPG, consumption has risen to 1,000,000 metric tonnes, MT from 500,000MT, yearly, due mainly to increased demand. The National President, Nigeria LPG Association, Mr. Nuhu Yakubu, said: “The industry has recorded a quantum leap in the number of LPG operators across the entire supply, demand, and distribution […]

By Ikechukwu Nnochiri – Abuja The Abuja Division of the Federal High Court, on Monday, ordered the Nigerian National Petroleum Corporation, NNPC, and its Joint venture partner, Mobil Producing Nigeria Unlimited, to within 14 days, pay an aggregate sum of N82billion to communities in Ibeno Local Government Area of Akwa Ibom State. The court, in a judgement that […]

Power supply in Nigeria has failed to improve on last week’s performance, as at fell by 22.9 percent from peak generation of 4,115 Mega Watts on Saturday to 3,172.20MW as at 5pm on Sunday, latest data from the System Operator has shown.

Africa’s preferred fast-growing gas and power portfolio company, Axxela Limited has received the Energy Leadership Excellence Prize of the Decade from the African Institute for Leadership Excellence.

Nigeria is losing 200,000 barrels of oil valued at 13 million dollars daily to theft and vandalism, NNPC said on Thursday. Managing director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, was quoted as making the disclosure on Wednesday during a meeting with the country’s defence chief, Major-general Lucky Irabor in Abuja. “We have […]

The Nigerian National Petroleum Corporation  (NNPC) has assured Organised labour and Nigerians that there will be no increase in the price of Premium Motor Spirit (PMS) also known as Petrol in the month of February.

National Public Relations Officer, for the Independent Petroleum Marketers Association of Nigeria, IPMAN, Alhaji Yakubu Suleiman has described the sudden increase in the pump price of premium motor spirit, PMS, and the scarcity that is creeping on Nigerians as a clear reaction to market forces which was beyond the control of both Major and Independent Marketers in the country.

The British Government has expressed support for more foreign investments in Lagos State, as moves for the first Waste to Energy plant in the state commenced.

By Obas Esiedesa – Abuja The Federal Government has taken the first major step to relocate the Department of Petroleum Resources, DPR, from Lagos to Abuja, with laying of the foundation for its head office building in the nation’s capital. The bulk of Nigeria’s petroleum industry’s operation, which DPR regulates, takes place in the southern […]