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Browsing: Energy
The Nigerian Electricity Regulatory Commission (NERC) has introduced a new electricity cost reflective tariff plan which has been effective since January 1, 2024. According to the…
Nigeria, the largest producer of crude oil in Africa, recorded an increment in its crude oil output in December 2023, indicating improved earnings from the resource.…
Energy giant Shell has committed to divesting its onshore oil and gas assets in Nigeria for $2.4 billion, indicating a strategic move away from onshore oil…
The decision by Shell, a global energy giant, to exit its onshore business in Nigeria has sent shockwaves through the country’s oil and gas industry, casting…
Shell, the energy giant, has committed to divesting its onshore oil and gas assets in Nigeria for $2.4 billion, indicating a strategic move away from onshore…
In a move to bolster the nation’s energy landscape, the Federal Government, through the Nigerian Electricity Regulatory Commission (NERC)(NERC), has greenlit 13 new licenses for the…
Aradel Holdings Plc, one of Nigeria’s major integrated indigenous energy Companies, listed on the NASD Exchange and the FMDQ, has confirmed its acquisition through Aradel Energy…
In a move signalling a shift away from onshore oil production, energy giant Shell has agreed to sell its Nigerian onshore oil and gas assets for…
Mele Kyari, the Group CEO of the Nigerian National Petroleum Company Limited (NNPCL), Felix Ogbe, the Executive Secretary of the Nigerian Content Development Monitoring Board (NCDMB),…
The Nigerian National Petroleum Company Limited has completed plans to turn over the government refinery to private operators as the Port Harcourt oil refinery comes online.…