Browsing: Energy

The naira-dollar exchange rate is a major factor that will determine the retail price of diesel and aviation fuel from the Dangote refinery, sources tell BusinessDay.…

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) will maintain the existing Domestic Base Price (DBP) and relevant wholesale gas prices for crucial domestic sectors…

The giant 650,000 barrels a day Dangote Petroleum Refinery commenced production of diesel and aviation fuel on Friday bringing hope of an early end to the…

Dangote Petroleum Refinery, with 650,000 barrels per day, has commenced the production of refined petroleum products. The refinery received the fifth crude oil shipment of one…

In a surprising move, the Federal Government (FG) has transferred its 40 percent shareholding in electricity distribution companies (DisCos) from the Bureau of Public Enterprises (BPE)…

Chevron Nigeria Limited (CNL) has announced the appointment of Jim Swartz as the chairman and managing director of Chevron Nigeria/Mid-Africa Business Unit, effective April 1, 2024.…

…targets 100 mini-grids In a move to fix Nigeria’s electricity woes, Kano Electricity Distribution Company (Kano Disco) is seeking $200 million in investment to upgrade its…

Global oil prices recorded a surge on Thursday after an armed group hijacked an oil tanker in Oman, raising the possibility of increasing conflict in the…

Despite persistent blackouts experienced by many households and businesses across the country, Nigeria’s electricity distribution companies (DisCos) have seen their incomes soar, according to findings by…

The International Energy Agency (IEA), the Organisation of Petroleum Exporting Countries (OPEC) and the United States’s Energy Information Administration (EIA) have predicted a decline in global…