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Environment & Oil &gas
FG, oil producers agree on sustainable crude supply to local refineries
Maureen Aguta
The Federal Government and crude oil producers in Nigeria have agreed to work toward a sustainable supply of crude oil to local refineries under a market-determined pricing system.
The aim is to…
NNPCL seeks fresh $2bn crude-for-cash loan amid fuel scarcity
Maureen Aguta
The Nigerian National Petroleum Company Limited (NNPCL), plans to secure a fresh $2 billion oil-backed prepayment loan amid fuel scarcity in the country.
This is according to a report by Reuters on…
Petrol queues spread to Lagos
The scarcity of petrol that started in the Federal Capital Territory (FCT) six days ago has spread to Lagos.
Yesterday, motorists at Nigeria’s commercial hub, spent hours at the few filling stations selling…
BREAKING: National Grid collapses again, blackout expected across Nigeria
Maureen Aguta
The national power grid serving Nigerians has collapsed again, the fourth time in 2024.
A total system collapse means total blackout nationwide or in most parts of the country.
It was learnt that the…
Flood Alert: FG releases list of 19 states to be mostly affected
Maureen Aguta
The Federal Government has issued a warning that river flooding is expected to commence by late July, significantly affecting 19 states and the Federal Capital Territory (FCT).
Additionally,…
Crude oil theft: As IOCs depart, indigenous oil firms increase assets
Joseph Irikefe
Nigeria’s troubled oil and gas industry has been offered a lifeline with domestic oil companies daily snapping-up onshore oil blocks that are being abandoned by exiting International Oil Companies,…
National Strike: Darkness as Unions shut down national grid
Maureen Aguta
The Transmission Company of Nigeria (TCN) has disclosed that the Organised Labour, comprising of Nigeria Labour Congress and Trade Union Congress (TUC) has shut down the national grid, resulting in black…
Petroleum workers demand helicopter landing fee reversal
Maureen Aguta
Petroleum workers, under the auspices of the Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), have called for…
Tinubu inaugurates gas processing plant in Imo
Joseph Irikefe
President Bola Tinubu, on Wednesday, inaugurated the Seplat Energy ANOH Gas Processing Plant situated at Assa Community in Ohaji Egbema Local Government Area of Imo State.
The News Agency of Nigeria…
Electricity consumers commend Aba Power for maintaining old tariff
Joseph Irikefe
The Electricity Consumers Association of Nigeria (ECAN) has commended Aba Power for maintaining the 2023 electricity tariff even when every other power distribution company (DisCo) in Nigeria has increased…