11Plc sweetens shareholders’ returns as revenue from LPG, others boost 2022 earnings by 53%
Oredola Adeola 11Plc, a major player in Nigeria's midstream and downstream oil sector, has been applauded by stakeholders for consistently...
Finance
Africa’s priority is poverty reduction, not net zero policies push, needs its oil, gas to achieve SDG 1 – Ayuk, Energy Chamber
Oredola Adeola Africa is desperate for cheap energy and the solution lies on its very doorstep — its...
NNPCL to unlock $2.1bn gas revenue, executes 5 suite of agreements on OML 130 with Total, CNOOC others
Oredola Adeola The Nigerian National Petroleum Company Ltd(NNPCL) has executed a new deal for the renewal of...
NGO seeks urgent amendment of PIA, says regulations for HCDTs may backfire
Oredola Adeola The Stakeholder Democracy Network (SDN), an International non-governmental organization, has called for urgent amendments in the...
EKEDC urges customers to save power sector from liquidity challenges, pleads for regular settlement of electricity bills
Oredola Adeola The Management of the Eko Electricity Distribution (EKEDC) has identified customers' attitudes as a major constraint to the...
Court dismisses Nigerian Drilling Companies’ lawsuit against NCDMB’s authority to collect 1% NCDF
Oredola Adeola The Federal High Court sitting in Yenagoa, Bayelsa State has dismissed the petition seeking to stop the collection...
EFCC arrests former power Minister over N22bn Zungeru, Mambilla deals
Oredola Adeola The former Minister of Power, Engr Sale Mamman, has been arrested and detained by the Economic and Financial...
Buhari seeks Senate approval of additional $800m World Bank loan for fuel subsidy removal palliatives
Oredola Adeola The Nigeria's outgoing President Muhammadu Buhari has written to the Senate, seeking legislative approval for a new...
Africa’s Standard Bank offers financing instruments for oil, gas projects, targets investment in continent’s energy access
Oredola Adeola Standard Bank, one of the largest banks in Africa with biggest oil and gas assets, has promised...
Nigerian Govt. presents post-privatisation certificate to Elumelu’s Transcorp power, delists 972MW gas-fired Ughelli power plant
Oredola Adeola Ten years after, the Nigerian Government has officially presented a post-privatization discharge certificate for the acquisition...
