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.
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.
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.
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.
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.
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.
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 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.
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.
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.
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 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.
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 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.
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.
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.
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.
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.
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 Ahmad Gumi, Islamic cleric, says former President Goodluck Jonathan and President Muhammadu Buhari both lack education on how to lead Nigeria.
Manchester United will launch a fully-fledged attempt to secure the signature of Leicester City midfielder James Maddison next summer, according to a report.
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.
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.
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
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