Electricity grid records total collapse, says TCN
The country’s electricity grid recorded a total system collapse on Thursday, the Transmission Company of…
All Posts in "Oil, Gas & Power"
Nigerian Content Act not against foreign firms – NCDMB
THE Nigerian Content Development and Monitoring Board has said that the Nigerian Oil and Gas…
‘We’ll consult Nigerians before selling 40% stake in Discos
The Minister of Power, Works and Housing, Mr. Babatunde Fashola, has said the Federal Government…
We spent N150m to upgrade Ogudu injection substation
Ikeja Electric said it had spent over N150m to carry out major rehabilitation work at…
Growing electric vehicle adoption threatens Nigeria’s oil exports
The future looks bleak for Nigeria’s oil exports as its biggest crude oil buyer and…
Ex-Afren bosses to face charges over $400m Nigeria deals
The United Kingdom’s Serious Fraud Office has said it will charge two former executives of…
Oil price hits 26-month high, nears $59
The global oil benchmark, Brent crude, extended its gains on Monday, rising to its highest…
OPEC ENDORSES NIGERIA’S POSITION ON OIL PRODUCTION CUT
The meeting of the Joint Ministerial Monitoring Committee of OPEC and Non OPEC Countries ended…
Power firms, gas producers disagree on dollar-denominated pricing
The denomination of the price of gas sold to electricity generation companies in the United…
Power generating firms owe banks N356bn
Electricity generation companies currently owe Deposit Money Banks a total of N356bn, while the power…