Saudi Arabia unveils evidence of Iran’s link to attacks
Saudi Arabia said it would show evidence on Wednesday linking regional rival Tehran to an unprecedented attack on its oil industry that Washington believes originated from Iran in a dangerous escalation of Middle East frictions.
Drone attack: Saudi to resume full oil production by month’s end
Saudi Arabia’s energy minister Abdulaziz bin Salman said that half of the crude oil production that was disrupted due to the weekend attack on Aramco’s oil facilities had been restored.
Saudi drone attack: Oil prices fall after initial rise
Oil fell more than one per cent yesterday as the market was challenged creating uneasiness following attacks on Saudi Arabian crude facilities that cut the kingdom’s production in half and sent prices soaring by the most in decades.
Group lauds removal of VAT on cooking gas
The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), says the removal of Value Added Tax (VAT) on cooking gas by the Federal Government will deepen market penetration, boost the country’s economy and protect the environment.
Illegal bunkering: Shell introduces advanced monitoring cameras
As part of the ongoing efforts to curb illegal oil dealings in the Niger Delta, oil giant Shell Petroleum Development Company (SPDC) said that it has introduced an advanced surveillance technology in tracking vandalisation of its joint venture assets.
$17 billion NLNG Train 7 Project ‘ll create 40,000 jobs
The execution of the Nigeria Liquefied Natural Gas (NLNG) Train 7 project will create over 40,000 direct and indirect jobs, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote, has said.
GenCos releases 3,306 MWH of electricity – report
Electricity Generation Companies (GenCos), comprising gas-fired and hydro stations, said they released an average of 3,306 MegaWatts/Hour of electricity into the national grid on Sunday.
Shell deploys HD aerial cameras to track spills, crude theft
Nigeria’s leading energy giant, the Shell Petroleum Development Company of Nigeria Limited (SPDC), has deployed state-of-the-art high definition cameras for quick detection of and response to crude oil spills from its facilities. The cameras will also help in tracking vandalism of SPDC joint venture assets.
Britain not blaming Iran for Saudi drone attacks
Britain said it is not jumping to conclusions yet like America, that Iran was responsible for the drone attacks on Saudi oil facilities.
NERC: Eko Disco records highest remittance efficiency in Q1
The Nigerian Electricity Regulation Commission (NERC) on says Eko Electricity Distribution Company (EKEDC) recorded the highest remittance efficiency of 43 per cent in the first quarter of 2019.
OPEC scribe discusses oil market development with IEA head
OPEC Secretary General Mohammed Barkindo has discussed the oil market development with the head of the International Energy Agency Fatih Birol on Monday after the attacks on Saudi oil facilities, an OPEC source told Reuters.
Oil prices surge by 20 percent on drone strike on Saudi Arabia
Crude oil prices have surged more than 19 per cent after a drone strike on a Saudi Arabian oil facility wiped out about five per cent of global supplies.
KEDCO threatens legal action against customers over assault of staffs
The management of Kano Electricity Distribution Company, KEDCO, has threatened to take legal action against any customers found assaulting it staff while on official duties – distribution of electricity bills and collections of payments.
President Buhari’s administration will deliver uninterrupted power supply to Nigeria – minister
The Minister of Power, Engr. Sale Mamman, has said, the Muhammadu Buhari’s next level administration will deliver uninterrupted power supply to Nigeria when all major power projects are completed before the end of its tenure.
Saudi stocks plunge after drone attack on oil facilities
Saudi stocks plunged 2.3% as the market opened on Sunday, after attacks on two plants at the heart of the kingdom’s oil industry Saturday knocked out more than half of Saudi crude output.
Nigeria, 10 other African countries to benefit from AfDB power project
G5 Sahel heads of state at a Summit on Friday in Ouagadougou, Burkina Faso, gave strong support to Desert to Power, an Africa Development Bank-led initiative.
G5 Sahel backs AfDB initiative to boost solar energy
G5 Sahel Heads of State have expressed their support for “Desert to Power’’, an Africa Development Bank (AfDB) initiative designed to harness solar energy for socio-economic development of member countries.
Minister assures federal universities of stable power supply
The Minister of Power, Alhaji Sale Mamman, has assured that the present administration was determined to ensure that all the federal universities enjoy reliable and uninterrupted power supply.
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Man jilted by girlfriend commits suicide
The Surulere Police Station on Wednesday received an information that one Kehinde Muse, 25, of No 56, Modele Street drank a substance suspected to be sniper.
Folashade Yemi-Esan assumes duty as acting head of service
Following the suspension of Mrs Winfred Oyo-Ita, by President Muhammadu Buhari, Dr Folashade Yemi-Esan, on Thursday assumed duty as Acting Head of Civil Service of the Federation.
Man arrested for ‘raping 6-year-old girl’
The police in Ogun State have arrested a 43-year-old man, Oluwole Bamidele, for allegedly raping a six-year-old daughter of his neighbour.
Reps minority leader tears PDP BoT apart
Members of the Board of Trustees, BOT, of the Peoples Democratic Party, PDP, on Thursday publicly disagreed over the report of the committee set up to look into the circumstances that led to the emergence of Hon. Ndudi Elumelu, as the Minority Leader of the House of Representatives against the directive of the party.
Sheikh Gumi: Ex-President Jonathan, Buhari lack education on how to lead Nigeria
Sheikh Ahmad Gumi, Islamic cleric, says former President Goodluck Jonathan and President Muhammadu Buhari both lack education on how to lead Nigeria.
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Manchester United to launch £60 million bid for James Maddison next summer – report
Manchester United will launch a fully-fledged attempt to secure the signature of Leicester City midfielder James Maddison next summer, according to a report.
ZBM tasks President Buhari on South East Infrastructure
One of President Muhammadu Buhari’s support groups in the South-East, the Zikist-Buharist-Movement, ZBM, has urged the President to show more commitment in addressing the infrastructure deficiencies of the South-East.
CSOs caution government against increase of VAT to 7.2 percent
Civil Society Organizations (CSOs), under the auspices of The Tax Justice and Governance Platform, (TJGP) have called on the federal government to concentrate more efforts on ensuring the proper collection of appropriate taxes than increasing the Valued Added Tax.
Police nab five over alleged murder of suspected abductor
The Police Command in Niger State has arrested five persons for alleged criminal conspiracy and culpable homicide in Kontagora Local Government Area of the state.g
Conference of former speakers back states assembly autonomy
The Conference Of Former Speakers of State Houses of Assembly (COFSSHA) has thrown its weight behind the call for autonomy of state houses of assembly in the country.g