80.6 F
Lagos, Nigeria
Sunday, October 22, 2017

Global Oil Prices Hit $53 Per Barrel

 Oil prices exceeded the maximum for two months on July 31 following a decrease in the U.S. inventories, as well as the threat of...
Petroleum Industry Governance Bill

After 17 years, Senate Passes Petroleum Industry Bill

 The Petroleum Industry Governance Bill (PIGB),hurdled the Senate on Thursday, bringing the measure that took 17 years in the making a step closer to...
Ifeanyi Ubah

DSS Arrests Ifeanyi Ubah Over N11billion Oil Theft

 Ifeanyi Ubah, the chairman of Capital Oil and Gas Limited has been arrested by the Department of State Services,DSS.The agency reveals Ubah's arrest through...
Dr. Ibe Kachikwu

Nigeria Oil, Gas To Provide Investments In Excess of $50billion –Kachikwu

 Minister of State for Petroleum Resources, Dr Ibe Kachikwu, says the economic growth plan recently launched by the Federal Government will provide strategic and...

NNPC Supplies the Cheapest, Most Reliable Power to Nigerians – GMD

Nigeria National Petroleum Corporation (NNPC), supplies the “most reliable and cheapest power’’ to Nigerians, Dr Maikanti Baru, the corporation’s Group Managing Director says.Baru made...

Electricity Commission Probes Calabar Football Tragedy

 The Nigerian Electricity Regulatory Commission (NERC) says it has commenced investigations into the electrocution of soccer fans in Calabar, Cross Rivers.The commission’s preliminary report,...

Buhari Appoints James Momoh As NERC Chairman

  President Muhammadu Buhari has nominated Prof. James Momoh as Chairman of the Nigerian Electricity Regulatory Commission (NERC). A statement by Garba Shehu, senior special assistant...
Petrol tanker drivers

Nigeria Petrol Tanker Drivers Suspends Nationwide Strike

 The Petroleum Tankers Drivers (PTD) arm of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has suspended its nationwide strike.The suspension of...
Shell & Eni

Shell, ENI Ask Federal Government to Lift Forfeiture on OPL 245

  A Federal High court in Abuja will hear on 27 February a plea by Shell and ENI to lift a temporary forfeiture to the...

IBEDC Takes Delivery Of Transformers And Upgrade Equipment

As part of effort to boost and delivery better quality and stability in the power sector, the Ibadan Electricity Distribution Company (IBEDC) has further...

FG Appoints Gur Mohammed as Interim Boss for TCN

 The Federal Government has approved the secondment of Alhaji Usman Gur Mohammed as managing director of Transmission Company of Nigeria, TCN.Mohammed replace Engineer A.T. Atiku.A...
Metering box

Electricity Consumers Lament As Estimated Billing Rare Ugly Head Again

 Since taking over operations of the various utilities companies in November 2013, the Distribution Companies (Discos) have done little to close the huge metering...

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Lagos, Nigeria
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