Seplat Energy says its Sale and Purchase Agreement (SPA) with ExxonMobil has not being terminated. Mr Emeka Onwuka, Chief Financial Officer, Seplat Energy, made the clarification...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says Nigeria’s proven natural gas reserve has risen to 209.5 Trillion Cubic Feet (TCF) as at Jan....
The Federal Government on Tuesday said it had opened bids for the construction of nuclear power plants that would generate 4,000 megawatts of electricity for the...
Chinese technology company, Hauwei Technologies on Tuesday said it had developed an intelligent pipeline monitoring system to help tackle crude oil theft in Nigeria. Mr Li...
President Muhammadu Buhari says rising crude oil prices present a great opportunity for Nigeria, especially with the passage of the Petroleum Industry Act (PIA). Our correspondent...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) are at loggerheads over the pump price...
Residents and business owners in Lagos State on Wednesday decried the low supply of power to customers by Ikeja Electric Plc and Eko Electricity Distribution Company...
Eko Electricity Distribution Company (EKEDC) has signed an agreement with the Niger Delta Power Holding Company Limited (NDPHC) towards improving electricity supply to Agbara, Lekki and...
The Major Oil Marketers Association of Nigeria (MOMAN) has received two vessels of Premium Motor Spirit (PMS) as scarcity of the product continues to persist in...
Availability of Premium Motor Spirit (PMS), also known as petrol, is improving in Lagos State, after days of scarcity of the product, our correspondent reports. Our...
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