Stockpiling petrol poses ‘significant safety hazard’, regulator warns Nigerians
Amid the resurgence of queues at fuel stations in parts of Nigeria, the Nigerian Midstream and Downstream Petroleum Regulatory Authority
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Energy
Nigeria loses 23% of its power generation in 24 hours
Power generation in Nigeria dropped by over 23 percent in 24 hours to 3,704.26 megawatts as of 6am on Saturday,
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Nigeria will use up oil reserves in 50 years – World Bank
Nigeria’s crude oil reserves will be exhausted in 50 years’ time if production continues at the current rate, the World
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Court rejects oil drillers’ request to stop 1% Nigerian content levy
The Federal High Court sitting in Yenagoa, Bayelsa State, has delivered a
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Six months after, NLNG yet to lift force majeure on supplies
Nigeria LNG Limited has yet to lift the force majeure on product supplies it declared more than six months ago.
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NNPC, Daewoo sign $740.67m deal for Kaduna refinery repair
Kaduna Refining and Petrochemical Company Limited, a subsidiary of the Nigerian National Petroleum Company Limited, has signed a deal with
Read moreGeregu Power posts 50% profit decline on gas shortage
Geregu Power Plc, one of the electricity generation companies in Nigeria, reported a profit after tax of N10.17 billion for
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Shell expects NLNG’s Train 7 to start operations in 2025
Royal Dutch Shell Plc has said it expects the Train 7 project of Nigeria LNG Limited to come on stream
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Norwegian firm seeks to sell stake in Nigerian oilfield
Norway’s Equinor has launched the sale of its stake in an offshore Nigerian oilfield, joining a retreat by Western energy
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Three months after, NLNG yet to lift force majeure on supplies
…says Bonny plant still in operation Nigeria LNG Limited has yet to lift the force majeure on product supplies it
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