Consumers pay N1.2trn for electricity in six months — NERC
By Obas Esiedesa, Abuja Electricity consumers across Nigeria paid about N1.2 trillion for power consumed in the first six months of 2026, according to data released by the Nigerian Electricity Regulatory Commission (NERC). The figure represents revenues collected by the 11 electricity Distribution Companies (DisCos), based on NERC’s monthly commercial performance reports between January and […]
Shell clarified on crude theft arrests
Shell Petroleum Development Company, SPDC, has denied media reports saying that two of its staff were arrested by government security forces for alleged involvement in crude theft.
LPG programme can save Nigeria N5bn annually
Oando Marketing PLC’s Liquefied Petroleum Gas, LPG programme,under which the company introduced OGAS 3kilogramme cooking stove for low income households, is capable of solving the perennial problem of deforestation in Nigeria.
Why TOTAL’s sale to Sinopec is surprising
There are five clear reasons why many were surprised by TOTAL’s announcement, on Monday November 18, 2012, that it sold its 20 percent stake in Nigeria’s Oil Mining Lease, OML 138, to China Petrochemical Corp (Sinopec), as part of an asset-disposal programme, according to Africa Oil and Gas.
Dickson tasks oil companies on operational bases
Bayelsa State Governor, Seriake Dickson, has called on the Nigerian Content Development and Monitoring Board, NCDMB, to address the issue of multinational oil companies having operational bases outside their areas of operations.
Nigeria releases shipping plan for January 2013
Nigeria has released its shipping plans for January 2013, as four 950,000 barrel cargoes of Usan crude is expected to be exported in January.
