Energy

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  DPR: Nigeria’s crude oil reserves decline by 2billion barrels

  The Department of Petroleum Resources (DPR), Tuesday disclosed that Nigeria’s crude oil reserves now...

  • Posted March 20, 2014
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  Benin Power Company plans N45bn investments

  The Benin Electricity Distribution Company (BEDC) said to overcome the power challenges in the...

  • Posted March 19, 2014
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  Nigeria lost 109.5m barrels of oil in 2013 – NNPC

  The Nigerian National Petroleum Corporation on Tuesday said that Nigeria lost 300,000 barrels per...

  • Posted March 19, 2014
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  FG permits DISCOs to disconnect indebted agencies

  THE Nigerian Electricity Regulatory Commission, NERC, has granted distribution companies, DISCOs, the liberty to...

  • Posted March 19, 2014
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  NEITI clarifies alleged NNPC unremitted $22.8bn

  THE Nigerian Extractive Industries Transparency Initiative, NEITI, has recanted its earlier position that it...

  • Posted March 19, 2014
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  25 million households live without power – Minister of Power

  More than 25 million Nigerian households do not have access to electricity, translating into...

  • Posted March 19, 2014
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  Nigeria earns $24bn in dividends, revenue from NLNG in 15 years

  Company’s total assets valued at $14bn  Over 4tcf of associated gas captured from flaring...

  • Posted March 18, 2014
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  Court stops BPE’s bidding for three power stations

  An Abuja Federal High Court has stopped the Bureau of Public Enterprises from going...

  • Posted March 18, 2014
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  Total denies shutting Ofon-2 project

  Total E&P Nigeria Ltd, the operator of the NNPC/Total Joint Venture, has denied recent...

  • Posted March 18, 2014
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  NERC abolishes flat tariff system

  NIgerian electricity consumers may no longer pay flat tariff rate, if the promise of...

  • Posted March 18, 2014
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