Oil and gas

Oil and Gas

Equatorial Guinea Signs Oil Deal with Chevron and GEPetrol

The Ministry of Mines and Hydrocarbons of Equatorial Guinea has announced the signing of production sharing contracts (PSC) with multinational energy corporation and the state-owned oil company GEPetrol and Chevron. The new PSCs outline clear

Oil and Gas

Dangote Refinery Claims IOCs Are Trying to Sabotage Africa’s Biggest

The management of Dangote Refinery at the weekend has accused International Oil Companies (IOCs) operating in Nigeria of planning to ensure the failure of the $19 billion refining facility. Devakumar Edwin, Vice President, Oil and

Oil and Gas

Aiteo Shuts Down Nembe Field After Spill, Risks Nigeria’s Oil

Nigeria's crude oil production faces disruption after Aiteo Eastern Exploration and Production Company, operator of the Nembe oil field in Bayelsa State, halted operations due to an oil spill.  The company revealed in a release

Oil and Gas

Fire Continues to Burn After Drone Attack on Russian Oil

A fire ignited by a drone attack on an oil depot in the southern Russian region of Rostov has gone into its second day with local emergency services still trying to put it out. According

Power

power

NERC Approves N21bn for DisCos to Procure Meters for Unmetered Band ‘A’ Customers

The Nigerian Electricity Regulatory Commission (NERC) has approved N21 billion for the electricity distribution companies (DisCos) from the Meter Acquisition

NERC Approves 450MW Deal To Avert Zungeru Plant Shutdown

Court Blocks DisCos, NERC’s Attempt to Raise Electricity Tariffs

Labour Union Shutdown National Grid, Causes Nationwide Blackout

General News

General News news

Tinubu Appoints Dangote, Kola Adesina, Elumelu, Rabiu as

In a strategic move to bolster the nation’s economic governance frameworks and ensure robust and coordinated economic planning and implementation,

FG Unveils Plans for CNG Park at Ajaokuta

Labour Unions Suspend Strike For 30 Days

Blog

blog energy

Spending By World Nuclear Powers Soared To $91.4bn

The world’s leading nuclear powers spent a record $91.4 billion on their nuclear defense systems in 2023–good for a 13.4

Nembe-Aiteo Conflict Puts Nigeria’s 150,000 bpd Oil Output

Iran Sets to Boost Oil Output to 4

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