Global Oil Demand Hits 101.9mbd in 2023 – IEA
Global oil demand is expected to increase by 2 million barrels per day, mbd, to a record 101.9 mbd in 2023, the International Energy...
Nigeria, Siemens signs power deal to produce 25,000MW by 2025
Nigeria and electricity titan, Siemens signed a power deal that will lead to the production of 25,000 megawatts of electricity by 2025.
President Muhammadu Buhari...
Shell, Heritage, Heirs Holding, Seplat Involved As Nigeria Loses N335m To Oil Spill-Report
Nigeria lost about N335m to oil spilled between January and August 2023, according to estimation from data released by the National Oil Spill Detection...
Sahara Group Foundation Recommits To Energy, Sustainable Environments
Sahara Group Foundation, under Sahara Group, has unveiled its refreshed brand identity to reinforce its commitment to promoting access to energy and sustainable environments.
The...
New 60MW Dadin Kowa Hydropower plant connected to national grid
The new Dadin Kowa Hydropower Plant has been connected to the nation's power grid, increasing the number of hydropower plants producing electricity in Nigeria...
US crude threatens to displace Nigerian crude in Europe
The sellers of Nigerian and Mediterranean crudes are discounting their September-loading cargoes as the increasing flow of the United States crude into Europe is...
10 power plants idle due to gas shortage
The lingering challenge of gas supply in the nation’s power sector left 1,753.4 megawatts generation capacity at 10 power plants idle on Monday.
The nation’s...
Factional Chair Accuses NUPENG of Forcing Members’ Loyalty, As PTD Crisis Worsens
There seems to be no immediate end to the leadership crisis in the Petroleum Tanker Drivers (PTD) arm of the deepened Wednesday with the...
FG paid over N200Bn to offset GenCo's gas bill- NNPC GMD
The Group Managing Director, Nigerian National Petroleum Corporation, Mele Kyari, has revealed that the Federal Government has in the past two to three days...
Buhari, Gbajabiamila, others mourn Ex-GMD of NNPC
President Muhammadu Buhari, Organisation of the Petroleum Exporting Countries (OPEC), Speaker of the House of Representatives, Mr Femi Gbajabiamila, and others on Saturday mourned the death of the immediate past Group Managing Director...