The Department of Petroleum Resources (DPR) has explained why decided to close seven gas firms refilling Liquefied Petroleum Gas (Gas) cylinders in Lagos state. Recall that...
The Federal Government, through the Nigerian National Petroleum Corporation, NNPC, paid N43.09 billion as subsidy on Premium Motor Spirit, PMS, also known as petrol, in the...
The proposed increase in electricity tariff by the Distribution Companies (DisCos) has experienced a setback, as the Federal Competition and Consumer Protection Commission (FCCPC) said increasing...
Global oil benchmark, Brent Crude, finally slipped below the $50 per barrel mark on Friday after declining by as much as 3.85%. It is currently trading...
The Nigerian Electricity Regulatory Commission (NERC) said it had repealed the estimated billing methodology regulation, effective February 20th, 2020. Following the repeal, the estimated billing methodology...
Electricity distribution Companies (Discos) have threatened to oppose any plans by the federal government to transfer ownership of power companies to a German multinational conglomerate, Siemens,...
Chief Executive Officer of KAKU Professional Engineers, Prof. Sylvester Egwu, has highlighted how the Federal Government can resolve challenges impeding improved electricity supply in the...
By Ifeanyi Izeze When the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, on Tuesday, 18th February, 2020, said “any threat to...
The Ogun State Governor, Dapo Abiodun has said that petroleum marketers would be protected against extortionate taxes, rates and nefarious activities of federal or state...
By Richard Adeniyi The Nigerian Ports Authority (NPA) on Thursday said that 23 ships at the Lagos ports were discharging petroleum products and food stuff. NPA said this in its publication,...