Thursday, April 16, 2026
KEDCO to intensify debt recovery in 2019
 Kaduna Electricity Distribution Company will be more aggressive in its drive to recover all outstanding electricity bills next year in...
Read moreDetailsChina’s crude imports hit 10.4 million barrels per day in November
China’s crude oil imports surged to an all-time high of 10.43 million barrels per day in November, as they beat...
Read moreDetailsUACN appoints Omolara Elemide acting group CEO
The board of directors of UAC of Nigeria PLC has announced the appointment of Omolara Elemide as acting group CEO...
Read moreDetailsOPEC waits on Russia to decide production cuts
Oyindamola Alamu Top OPEC producer, Saudi Arabia has urged the group to trim output and said that a cut of...
Read moreDetailsAEDC gets new investors, to inject $2 billion into their network
Abuja Electricity Distribution Company (AEDC) has signed a memorandum of understanding (MoU), worth $2 billion with Power Analytics & Solutions,...
Read moreDetailsFrance to close nuclear reactors, triple wind capacity by 2035-Macron
France has revealed its plan to close 14 nuclear reactors by 2035, triple onshore wind capacity and cut fossil fuel...
Read moreDetailsOPEC, allies must cut output by 1.5million bpd to prop prices back to $70 per barrel
Organization of Petroleum Exporting Countries (OPEC) and its allies must cut 2019 supply growth by 1.5 million barrels per day...
Read moreDetailsNCDMB disburses $21 million to local firms from local content fund
Nigerian Content Development and Monitoring Board (NCDMB) says it has disbursed $21 million out of the $200 million Nigerian Content...
Read moreDetailsTotal, Samsung resolve dispute over 200,000bpd Egina deepwater project
Total Upstream Nigeria Limited (TUPNI) and Samsung Heavy Industries (SHIN) have finally resolved their long drawn legal battle over the...
Read moreDetailsOPEC output level rises to 33.08 million barrels per day, on the back of Saudi Arabia and UAE
Organization of Petroleum Exporting Countries (OPEC) has increased production levels in November, to 33.08 million barrels per day, a 40,000...
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