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 […]
Low patronage threatens indigenous oil servicing companies
MOST oil servicing companies that invested in capacity building are under tremendous pressure due to reduced patronage, said the Chairman of Petrolog Group, Dr. Vincent Ebuh.
India, US, Spain purchased N1.9trn crude oil from Nigeria
INDIA, United States of America and Spain led other countries in patronage of Nigeria’s crude oil, spending a total of N1.9 trillion in the first nine-months of this year, according to data released by the National Bureau of Statistics, NBS.
Ijaw group vows to force IOCs headquarters back to Niger Delta
NEW leadership of Izon-Ebe Oil and Gas Producing Communities Association, IOGPCA, has set for itself the task of ensuring that all International Oil Companies, IOCs, in Nigeria move their headquarters to their operational bases in the Niger Delta.
PTDF moves to domesticate overseas scholarship programmes
PETROLEUM Technology Development Fund, PTDF, said the current economic reality prompted by global drop in oil price has made it imperative for it to review its overseas scholarship operations with a move towards focusing on Nigerian universities.
AOS Orwell completes SSAGS Ogbotobo integration project
AOS Orwell, an indigenous oil and gas services company, has completed the integration of the process automation cabinets for the Southern Swamp Associated Gas Solution (SSAGS) project field auxiliary room at Ogbotobo, Ekeremor Local Government of Bayelsa Sate, onshore Nigeria.
