Energy

Mustapha Shehuri: We’ll no longer accept excuses from DisCos

The federal government would no longer accept excuses from Electricity Distribution companies for failure to distribute power to consumers.
Fighting between a militia allied with Libya's internationally recognised government fight and two rival groups left some families trapped in their homes [Hani Amara-Reuters]

Armed group blocks key oil field in Libya

An armed group has seized one of Libya's largest oilfields in the country's southwest, the state-owned National Oil Corporation said on Monday.

Federal government spends N11.52 billion to fix 87km oil pipeline

Federal Government’s oil revenues slashed by N11.52 billion used for the protection and repairs of 87-kilometre Trans Forcados crude oil pipeline in the Niger Delta in 60 days, document shows

ExxonMobil, QIPP power firm to invest $1.6 billion in Akwa Ibom

Oil giants ExxonMobil and power firm QIPP initiate plans to invest a combined $1.6 billion in the development of gas and power projects in Akwa Ibom state
Isiaka Abdulrazaq

NNPC: We’ve right to make withdrawals from NLNG dividend account

The Nigerian National Petroleum Corporation (NNPC) insists there is nothing illegal about the withdrawals made from Nigerian Liquefied Natural Gas (NLNG) Dividend Account

DAPPMA rescinds directive to shutdown depots across Nigeria

Depot and Petroleum Products Marketers Association (DAPPMA) suspends its earlier directive to commence shutdown of depots across Nigeria and stop loading petroleum products effective from midnight of Sunday
Conoil

ConOil workers threaten operation shutdown over alleged neglect

ConOil workers threaten operations shut down over alleged abandonment by the management of the oil company

TCN attracts $1.57 billion donors funding in two years

Transmission Company of Nigeria (TCN) says it has received a total of $1.57 billion as pledges from international donors to finance critical projects that will soon result in improved electricity transportation from generation to distribution companies

Oil marketers to shut down operations midnight

Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) directs its members to shut down all loading operations by midnight

Appeal court nullifies conviction of Shell chief, others

Court of Appeal in Port Harcourt sets aside Rivers High Court order which sentenced Shell managing director Osagie Okunbor, and two other senior officers to three months in prison for contempt

NNPC threatens court action over withdrawal of $1.05 billion

Nigerian National Petroleum Corporation (NNPC) threatens to seek legal interpretation on whether it has right to withdraw funds from Nigeria LNG Dividend Account without the approval of National Assembly

PENGASSAN, NUPENG wade into federal government, marketers’ N800 billion subsidy rift

PENGASSAN and NUPENG call for quick resolution of ongoing rift over unpaid fuel subsidy claims before it snowballs into huge crisis that will plunge Nigeria into catastrophic economic mess
Henry Ikem-Obih

NNPC fast-tracks agreements with bulk purchase marketers

Nigerian National Petroleum Corporation (NNPC) fast-tracks agreements with bulk purchase marketers in Nigeria

Ikotun electric shock: Our staff is alive – Ikeja Electric

Ikeja Electric says one of its technical staff that suffered electric shock while on duty in Ijegun/Ikotun area of Lagos is alive
Henry Ikem-Obih

Oil marketers to get N236 billion subsidy claims by Friday

Federal government says oil marketers would be paid N236 billion out of N348 billion approved by the National Assembly as outstanding subsidy claims on December 14

NUPENGASSAN: We’re not going on strike

The Oil workers unions have reassured the Federal government that its members would not go on strike over the threat of Depot owners to shut down services over issues on payment of outstanding subsidy claims.

Subsidy arrears: Federal government to pay oil marketers Friday

Ikem-Obih, said that while this first tranche will be paid, the balance of the subsidy debt will be cleared by the government in 2019 and 2020, after meeting with the marketers again.

Subsidy arrears: Oil marketers insist no agreement with federal government as ultimatum lapses on...

Oil marketers on Saturday said they did not reach any agreement with Federal Government on the N800 billion subsidy arrears, saying their ultimatum to cease depots operations on Monday remained unchanged.

Recent Stories

Emmanuel Amuneke has revealed he had a hard time battling age cheats when he was in charge of the Golden Eaglets.

Emmanuel Amuneke takes Golden Eaglets winning magic to Tanzania

Coach Emmanuel Amuneke will be expected to bring the magic wand that helped the Golden Eaglets win the 2015 U17 World Cup after he begun scouting for fresh talents for Tanzania U17s ahead of next year’s U17 AFCON to be staged by the country.
Social Democratic Party (SDP)

37 SDP chairmen reject Jerry Gana, fault ruling

The 37 state party chairmen of the Social Democratic Party, including that of the Federal Capital Territory have rejected the Justice Hussein Baba-Yusuf-led court order which declared Prof. Jerry Gana as the presidential candidate of the party.
Muhammad Jibrilla Bindow

Muhammadu Bindow cautions against abusive words

Gov. Muhammadu Bindow of Adamawa has warned youths in the country to shun the use of abusive words on elders and leaders in the society.
Atiku Abubakar

Atiku Abubakar: I can’t wait for presidential debate

The presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, says he cannot wait for the 2019 presidential debate.

Fuel tanker lost control in Ogun

The Traffic Compliance and Enforcement Corps in Sango-Ota, Ogun, said danger was averted on Saturday when a tanker laden with 33,000 litres of Premium Motor Spirit lost control at Ilo-Awera, Toll-Gate.