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DownstreamGasLocal ContentMidstreamNewsOil & GasUpstream

President Tinubu mandates procurement of CNG-Powered vehicles by  MDAs

... "We must lead the way to prosperity by example"- Tinubu to public officials   Oredola Adeola President Bola Tinubu has directed the mandatory procurement of Compressed Natural Gas (CNG)-powered vehicles…

Admin
Admin
May 14, 2024
DownstreamMidstreamNewsOil & Gas

11 Plc declares N26.56bn profits in FY 2023

... announces N3bn dividend payout  "Our 250 filling stations shine as downstream industry benchmark for service, ethical standards" - Oyebanji, MD/CEO said Oredola Adeola 11 Plc (formerly Mobil Oil Nigeria…

Admin
Admin
May 13, 2024
NewsOil & GasUpstream

NNPC E&P Ltd, NOSL revive oil production in Akwa Ibom’s OML 13 after 29-year hiatus

...hit first oil, extract 6,000 bpd, target 40,000 bpd output by May 24 Oredola Adeola Production activities have recommenced on the Oil Mining Lease (OML) 13, in the Eastern Obolo Local…

Admin
Admin
May 13, 2024
DocumentaryImpactNewsOil & GasUpstream

NNPC/First E&P JV donates N53.4m to Nigerian NGOs for healthcare, education, others

Oredola Adeola   The Nigerian National Petroleum Company Limited (NNPC Ltd.) and First Exploration & Production Limited (First E&P) Joint Venture (JV) have donated N53 million to non-governmental organizations (NGOs).…

Admin
Admin
May 11, 2024
DocumentaryFeatureNewsReview

Nigerian musicians rake in N25bn from spotify streams in 2023

  ... streaming royalties soar by 127% year-over-year   Oredola Adeola   This surge in earnings represents a 2,500% rise since 2017, showcasing the substantial growth in revenue for artists…

Admin
Admin
May 10, 2024
ConcessionEnergy TransitionExtractive IndustryMiningMining & Solid MineralNews

Nasarawa lithium factory offers Nigeria chance to master processing skills – President Tinubu

  Oredola Adeola   President Bola Ahmed Tinubu has revealed that the take-off of a Lithium processing factory built in Nasarawa State by a Chinese firm offers Nigeria the opportunities…

Admin
Admin
May 10, 2024
DistributionNewsPowerTransmission

Power outage hits Ile-Ife, Ikire, Ilesha, Ondo for 7 hours on Friday

  ...as TCN fixes circuit breaker   Oredola Adeola   Residents of Ile-Ife, Ikire, Ilesha, and some parts of Ondo State are expected to experience a seven-hour power outage on…

Admin
Admin
May 10, 2024
DistributionNewsPower

EKEDC to reopen metering portal, mandates MAP vendors to stock minimum of 2,000 prepaid meters

  .. sets to clear prepaid meter backlog, approve 4G-enabled meters for all customers ...partners with 81 Division, Police to protect electricity infrastructure in V/I   Oredola Adeola   Ahead…

Admin
Admin
May 10, 2024
GasLocal ContentMidstreamNewsOil & GasUpstream

NUPRC, Senate Committee strengthen ties with Chevron to boost investment in Nigeria oil, gas sector

... Chevron cites favorable gas pricing as key to boosting polypropylene production in Nigeria Oredola Adeola The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Senate Committee on Upstream visited…

Admin
Admin
May 9, 2024
DistributionGenerationNewsPower

NERC slaps Chinese power firm with hefty penalty for operating electricity business in Nigeria without license

... "Obtain licenses or face sanctions" - NERC Vice Chairman warns power investors Oredola Adeola   The Nigerian Electricity Regulatory Commission (NERC) has slapped CCETC Suk Power Company Limited, a Chinese-owned…

Admin
Admin
May 9, 2024
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