Energy

BREAKING NEWS: Nigerian firms acquire oil block from Shell, Total, ENI for $1.1 billion   . Firms plan to emerge Africa's first energy multinational, says Elumelu   .Existing production capacity of 27,000 barrels per...

96 firms bid Bids for NNPC's downstream infrastructure rehabilitation contract   By Fredrick Wright   No fewer than 96 prominent and reputable companies from various jurisdictions have indicated interest in undertaking the rehabilitation...

AllBase Energy secures $100,000 as finalists in USADF, All On Nigeria off-grid energy challenge     By Abimbola Abdullahi Africa’s fast growing energy firm, AllBase Energy as secired $100,000 in blended finance by...

FG reduces fuel price to N162 per litre   By Abimbola Abdullahi The Federal Government has announced a reduction in the pump price of premium motor spirit, otherwise known as petrol, from...

NOSDRA sanctions Conoil, confirms fresh leak from oil field in Bayelsa   The National Oil Spills Detection and Response Agency (NOSDRA), on Wednesday said it has detected a leak from an...

SEPLAT buoys educational standard with STEP initiative …..Upskills teachers in Edo, Delta States    By Eniola Idris Seplat Petroleum Development Company Plc (SEPLAT), an indigenous energy Company, continues to make notable strides with...

DPR to launch downstream monitoring remote systems   By Fredrick Wright The Department of Petroleum Resources (DPR) is set to launch the newly established Downstream Remote Monitoring Systems (DRMS) in Abuja on...

Buhari commissions 5,000bpd refinery, hopeful on fuel export agenda     By Fredrick Wright NIGERIA's local refining has received a boost as President Muhammadu Buhari Tuesday commissioned a 5,000-barrel per day Waltersmith modular...

Shell, NNPC buoy learning facilities at Enugu varsity   By Abimbola Abdullahi The Shell Nigeria Exploration and Production Company (SNEPCo) has donated a state-of-the-art  Information and Communications Technology (ICT) Centre to the Enugu...

Bayelsa community splits, as sectional leaders back AITEO on OML29 saga   By Fredrick Wright A group of Leaders in Opu Nembe community (Nembe- Bassambiri) in Nembe Local Government Area of Bayelsa...