OPEC’s global market share sets to jump to 50%, as US oil producers lament over shale’s post-Covid slow growth
Oredola Adeola Oil producers in the United States and industry expert have projected that the Organization of the...
Month: March 2023
Edo state govt., Decklar sign sale agreement for supply of 150,000 barrels of crude oil to Edo modular refinery
Oredola Adeola The management of the Edo Refinery and Petrochemical Company Limited (ERPC) and Decklar Resources Inc, in collaboration with...
9,984 trucks loadout 558.83 million litres of petrol from 66 depots between March 4 -10, 2023
Oredola Adeola The data released by the Nigerian National Petroleum Company Limited, (NNPCL) has shown that 9,984 trucks evacuated a...
Four days outage hits Edo state, as Benin DisCo embarks on maintenance of injection sub-station
Oredola Adeola Benin Electricity Distribution Company (BEDC) has announced four days of outage, which would likely disrupt business...
Nigeria spends N1.79 trillion on importation of petrol, diesel in Q4,2022
Oredola Adeola Nigeria spent a total of N1.79trillion on the importation of Premium Motor Spirit (PMS) and Automotive...
Nigerian Govt. considers policy for telcos to power 54,000 base transmitter stations nationwide with solar system
Oredola Adeola The Nigerian Communications Commission (NCC) has revealed the plan to introduce a policy that would encourage Nigerian telecommunication...
Racism: Roger steps aside, as Samson Ezugworie takes over as Seplat’s acting CEO
Oredola Adeola Mr. Samson Ezugworie, Chief Operating Officer, Seplat Energy Plc has been confirmed as the acting Chief Executive Officer,...
Nigeria sets to commission biggest solar cell production factory in Gora, Nasarawa
Oredola Adeola The National Agency for Science and Engineering Infrastructure (NASENI) has revealed the plan to commence the production of...
Nigeria earns ₦5.62trn from exportation of crude oil, LNG in Q4, 2022 – Report
Oredola Adeola Nigeria earned a total of ₦5.62 trillion as revenue in the fourth quarter of 2022 (Q4,2022) from crude...
Racism: Seplat’s embattled CEO to discharge duties from UK office, as Board dismisses allegation
Oredola Adeola The Board of Directors and Management of Seplat Energy Plc has insisted that Mr. Roger Brown, its Chief...
