Oando Exploration and Production Limited (OEPL), a subsidiary of Oando Plc with 13 exploration and production assets, has announced that it has signed a farm-in agreement with Network Exploration & Production Nigeria Limited (NEPN) for the acquisit...
The Nigeria National Petroleum Corporation (NNPC) has said that the volume of gas currently flared in the country has dropped from 19 per cent in December, 2011 to 14 per cent in January. This is contained in the latest edition of its online Mont...
The Federal Government has abolished payment for electricity metres by consumers, Chairman of the Nigerian Electricity Regulatory Commission (NERC), Dr. Sam Amadi, has disclosed. Amadi who disclosed this in Abuja yesterday said provision has been made ...
Following her 12-month emergency time line to correct the misalignments in gas to power aspirations, the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, has directed a team of gas experts to commence a one-week tour of all gas installatio...
The federal government yesterday in Abuja signed Memoranda of Understanding (MoU) on power projects with the French and Japanese governments, worth $200 million (N31.4 billion) and N2 billion respectively bringing it to a total of N33.4 billion. The Mo...
The Federal Government has signed a Memorandum of Understanding (MoU) with France to undertake studies in the nation’s electricity transmission, distribution and design network. The study would be carried out under the auspices of the Transmissio...
The Federal Government on Tuesday signed a N2 billion assistance agreement with the Japanese Government to set up a solar electricity generation for Umaru Musa Yar,Adua University, Katsina State. The Japanese Ambassador to Nigeria, Ryuichi Shoji, who s...
The Civil Liberties Organisation (CLO) on Tuesday, warned the Federal Ministry of Power not to carry out its plan to increase electricity tariff on June 1. The News Agency of Nigeria (NAN) reports that the new Multi-Year Tariff Order (MYTO)...
The Minister of Environment, Hadiza Ibrahim Mailafia has called on the Government of Japan for assistance in the areas of renewable energy, capacity building and proper procedures that would help the country get proper environmental assessment of proje...
The recent experiences of Nigerians with reference to the erratic delivery of power supply, both for domestic and industrial uses, tend to portray the nation’s quest for stable electricity supply as an exercise in futility. Nigerians are being he...
To say that the nation’s electricity industry is ridden with corruption would be to put it mildly as facts and evidences tendered against officials of the Power Holding Company of Nigeria (PHCN) at the just concluded metering probe instituted by ...
In its determination to entrench transparency and accountability in the downstream sector, the Petroleum Products Pricing Regulatory Agency (PPPRA) has hammered NIMEX Petroleum Ltd, an oil trading company from Switzerland. The Executive Secretary...
The management of Kaduna Refinery and Petrochemical Company (KRPC) on Thursday said it would increase production of kerosene to meet consumers’ demand. The Executive Director, Service of the company, Mr Idi Muhktar, said this in Kaduna while answ...
The Federal Government has confirmed that 9,000 out of 11,000 causal workers in PHCN across the country, a union leader said. The Chairman of National Union of Electricity Employees (NUEE), FCT branch, Mr Wisdom Nwachukwu, made the confirmation while a...
The Minister of Power, Prof. Barth Nnaji, on Monday blamed the erratic power supply in the country on some cabals he said are benefiting from the decay recorded in the sector over the years in the country. Nnaji who disclosed this at a stakeholders for...