Energy
FG to inject into market 10m cooking gas cylinders in 1 year
The Federal Government will inject five to 10 million Liquefied Petroleum Gas (LPG) gas cylinders into the market in the next one year, according to Mr Dayo Adeshina, Programme Manager,
NNPC supplies 1.44bn litres of petrol in 31 days
By Obas Esiedesa – Abuja The Nigerian National Petroleum Corporation (NNPC) has disclosed that it supplied 1.44 billion litres of Premium Motor Spirit, petrol, in the month of January 2021,
Deregulation: Nigeria’s downstream oil sector stagnates, loses billions over uncertainty, subsidy
By Prince Okafor The continued dominance of the Federal Government, despite the deregulation of the downstream sector, has fueled uncertainties, and stifled investment. Energy Vanguard investigation, weekend, showed that
Power generation falls further by 27% to 3,567MW
By Obas Esiedesa Nigeria’s power generation, Monday, dropped by 27 per cent to 3,567.30 megawatts, MW, as at 06hours compared to the 4,557.50MW peak generation at 22hours the previous day.
LPG: FG to open micro distribution channels across all LGAs
The Minister of State for Petroleum, Timipre Sylva, says the Federal Government is working towards opening micro gas distribution channels across all local governments areas in the country. Sylva, disclosed
PHED, NDPHC partner to provide 24 hours power supply in Calabar
By Ike Uchechukwu – Calabar The Management of the Port Harcourt Electricity Company, PHED, has disclosed that Calabar electricity consumers can now enjoy a steady power supply following the bilateral
NNPC reiterates commitment to renewable energy project
The Nigerian National Petroleum Corporation (NNPC) has reiterated commitment to its partnership with the Government of Kebbi on renewable energy projects. The NNPC Group Managing Director, Mele Kyari, disclosed this
Nigeria oil production falls by 10.25%
By Obas Esiedesa Nigeria’s total crude oil and condensate production from January to October 2020 fell by 10.25 percent when compared to similar period in 2019, latest data from the
Oil/Gas: Nigeria loses billions of Naira as dockyards capacity drops to 15% — Investigation
By Udeme Akpan There are indications that the capacity utilisation of oil and gas dockyards in Nigeria has dropped to 15 per cent as a result of relatively low oil
Bonny Light price drops to $61.54
By Udeme Akpan ENERGY THE price of Nigeria’s Bonny Light, Monday, dropped to $61.54 per barrel over fears of Coronavirus pandemic resurgence in India, a major importer of the nation’s
