Energy
NERC Directs DisCos To Prioritise Meter Deployment As Estimated Billings, Power Disruptions Continue
The Nigerian Electricity Regulatory Commission (NERC) has said that electricity distribution companies (DisCos) would have to prioritise deployment of new...
Read moreDetailsIEA Says Oil Market Recovery Still Fragile As Virus Persists
The re-balancing of global oil markets remains “fragile” amid weaker estimates for demand and a recovery in supplies, the International...
Read moreDetailsFG Raises Concern Over Possible Petrol Scarcity
The Nigerian Government is worried about the possibility of a scarcity of Premium Motor Spirit (PMS), also known as petrol,...
Read moreDetailsOPEC’s Planned Output Increase Offset By Disruptions In Nigeria, Libya
The Organization of Petroleum Exporting Countries (OPEC) raised output by 190,000 barrels a day in January, according to a Bloomberg...
Read moreDetailsShell Loses Case Against Four Nigerian Farmers, May Appeal Ruling At Dutch Supreme Court
A Dutch appeal court in The Hague has ruled that the Nigerian branch of Shell has to pay compensation to...
Read moreDetailsShell Back In Court For Nigeria Oil Spills Liability Ruling, Verdict Determines Further Litigations
Today, January 29, 2021, the Dutch court of appeal will decide whether Shell is responsible for oil spills in three...
Read moreDetailsSenate Begins Two-Day Public Hearing On PIB
Respite may be voming the way of petroleum sectir as the Senate on Monday commenced a two-day public hearing on...
Read moreDetailsSome Forces Working To Frustrate PIB – Senate President
President of the Senate, Ahmad Lawan, has said that there are forces within and outside the country working desperately to...
Read moreDetailsFG Directs Reversal Of Electricity Tariff Adjustment
The Minister of Power, Saleh Mamman, has directed the Nigerian Electricity Regulatory Commission (NERC) to inform all Electricity Distribution Companies...
Read moreDetailsOPEC Meeting To Set February Production Levels
The OPEC+ ministerial meeting comes after the Covid-19 pandemic tanked the market for crude in 2020, reports AFP Members of...
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