Tuesday, April 28, 2026
Crude oil price rises amid U.S gulf shutdowns, troubling outlook
Onome Amuge Crude oil price jumped on Tuesday towards $41 a barrel amid surging coronavirus infections, U.S stimulus uncertainties and...
Read moreDetailsCBN issues guidelines for financing mass metering for local manufacturers, DisCos
Charles Abuede Scheme aimed at closing metering gap in electricity supply industry To enhance efficiency of revenue collection by DisCos...
Read moreDetailsEfficiency, cost optimisation, contract renegotiation help NNPC cut 2019 losses by 99.7%
Ben Eguzozie Losses: 2019 = N1.7bn; 2018 = N803bn But administrative expenses still high at N696bn Refineries continue with perennial...
Read moreDetailsAssa North-Ohaji South gas project to produce 600mscf/d, equivalent of 2.4GW of electricity – says NNPC
Ben Eguzozie NNNPC GMD, Mele Kyari The multi-billion-dollar Asa North-Ohaji South (ANOH) gas project, one of the largest greenfield gas...
Read moreDetailsOil gets a rebound on positive demand data from China
Onome Amuge Oil prices soared on Tuesday and sales were revived following a strong China demand, but anxieties continue to...
Read moreDetailsPort Harcourt DisCo accounts for N2.5bn of N30bn lost  monthly nationally to energy theftÂ
Ben Eguzozie, in Port Harcourt Ajagbawa $96bn lost globally to electricity fraud US alone loses $6bn Port Harcourt Electricity Distribution...
Read moreDetailsSylva endorses Indorama’s $3bn plants as decent example of how to use Nigeria’s gas
Ben Eguzozie, in Port Harcourt Group’s petrochemicals, fertilizer plants in Eleme, Rivers State, are heavy gas users Group plans investment...
Read moreDetailsOil prices slip on concerns over Norway supply risk, US hurricane Delta
Onome Amuge Oil prices fell on Friday, slipping at the end of a week of big gains made on the...
Read moreDetailsEgypt begins construction of 252 MW wind farm at Gulf of Suez
Ben Eguzozie, with wire report Danish wind turbine firm, Vestas signs EPC contract European Investment Bank, German KfW, French AFD to...
Read moreDetailsMozambique diversifies its electricity mix with 3 new 120 MWp photovoltaic power plants
Ben Eguzozie, with wire report As global grid-connected solar capacity hit 580.1 GW plus 3.4 GW off-grid PV Lesson for...
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