NNPC launches 24/7 oil, gas monitoring command centre to drive 2 mbpd target
... embarks on real-time tracking of hydrocarbon molecules from production to export terminals Oredola Adeola With a strategic focus on achieving a 2 million bpd production target, NNPC Ltd has…
Lagos State govt. constitutes 5-member electricity regulatory commission board
... appoints Engr. Odubiyi, former NERC Commissioner, as Chair Oredola Adeola The Lagos State Government has approved a five-member board for the Lagos State Electricity Regulatory Commission (LASERC),…
IBEDC assures stable power supply, swift fault resolution during Christmas holidays
Engr. Agoha, IBEDC MD warns against energy theft, urges customers to report suspicious activities Oredola Adeola The Ibadan Electricity Distribution Company (IBEDC) Plc has implemented measures to ensure network stability,…
Greenville LNG sets ambitious target: 50 LCNG hubs within first seven months of 2025
Oredola Adeola Greenville LNG has announced an ambitious plan to construct 50 Liquefied Compressed Natural Gas (LCNG) hubs across Nigeria within the next seven months. This initiative is part of…
Power Consumer Assistance Fund: Vital lifeline to avert NESI’s persistent liquidity crisis
... ending blanket electricity subsidy, with ₦5,000 monthly relief worth 25 kWh for low-income households ... activation of PCAF, full cost-reflective tariffs by Q1, 2025 Adetayo Adegbemle Nigeria’s Electricity Supply…
EKEDC’s Lekki-Ajah customers to enjoy improved power supply, as TCN upgrades substation to 195MVA
…with commissioning of 1x75MVA transformer at Lekki ...more supply to New Maroko, Cheview Estate, Lekki, surrounding areas Oredola Adeola The Transmission Company of Nigeria (TCN) has successfully commissioned…
NNPCL cuts petrol ex-depot price from ₦1,020 to ₦899, sparks price war among oil marketers
"Petrol price reduction reflects response to deregulation, increased industry competition"- PETROAN PRO PETROAN President commends NNPC, praises Dangote Refinery for stimulating downstream sector competition Oredola Adeola The Nigerian…
Dangote Refinery partners with MRS to sell petrol at ₦935/L, nationwide
... reduces ex-depot price from ₦970 to ₦899.50 ...new petrol pricing launches in Lagos, nationwide rollout begins Monday ... Dangote attributes petrol price drop to Tinubu's Naira-for-Crude swap deal Oredola…
NNPC rejects false report, affirms Port Harcourt refinery fully operational
... says product loading continues Oredola Adeola The Nigerian National Petroleum Company Limited has insisted that the renovated Port Harcourt refinery is still working. The state-owned oil company clarified that…
2024: NNPCL triumphs with N3tn profit, refinery revival
..overcames challenges despite turbulent year Emmanuel Akanni With a volatile global oil market in 2024 tied to geopolitical tensions and other local challenges such as oil theft and…