Success Nwogu
Functional oil drilling rigs across Nigeria increased marginally to 16 in February, the Organisation of Petroleum Exporting Countries (OPEC) has disclosed. An oil rig/platform is a large structure with facilities to extract and process petroleum…
Success Nwogu
The Federal Government has decried Nigeria’s metering gap which it said was about eight million. Minister of Power, Chief Adebayo Adelabu, also said there should be collaborative efforts to bridge the metering gap, adding that…
Success Nwogu
The Nigerian Gas Association (NGA) has said that recent gazetting of three pivotal policy directives by the Federal Government has heralded a monumental leap towards unlocking investments in the oil and gas sector. President of…
Success Nwogu
The Central Bank of Nigeria has disclosed that it has invested N2.3 trillion in Nigeria’s power sector as intervention fund since it was first initiated in 2015. It stated that the intervention was a strategy…
Success Nwogu
Nigerian National Petroleum Company (NNPC) Limited has said that it recorded 9,000 infractions on oil pipelines in one year. The Group Managing Director, NNPC Ltd, Mele Kyari, disclosed this in Abuja during an oversight function…
Success Nwogu
The Federal Government has said that it has through the Minister of Transportation, Said Alkali, initiated a project to transition Nigerian Railway Corporation locomotives from diesel to liquefied natural gas and compressed natural gas so…
Success Nwogu
Nigeria has become the largest importer of refined fuel in Africa as petrol shipments from Europe to Africa has increased, analysts at S&P Global Commodity Insights have revealed. The report disclosed that crude oil shipments…
Daniel Atori
The Niger State government has resolved to put an end to the incessant epileptic power supply in the state, as the state House of Assembly has summoned the regional manager of the Abuja Electricity Distribution…
New Telegraph
The major downstream marketers under the aegis of the Major Energies Marketers Association of Nigeria, (MEMAN) have said that the country’s petroleum products’ distribution and supply chain may face more challenging complexities going by current…
Success Nwogu
The sustenance of fuel pump and ex-depot prices by the Nigerian National Petroleum Company Limited (NNPC Ltd), even with the foreign exchange crisis, raises more questions on the issue of subsidy. SUCCESS NWOGU writes Reports…
