Energy

PIA attracts $5bn Afreximbank funding for Nigeria’s oil industry

Nigerian National Petroleum Company (NNPC) Limited has secured a $5 billion corporate financial commitment from the African Export-Import Bank (Afreximbank)…

4 years ago

Afreximbank boosts NNPC Upstream developments with $5 billion commitment

The African Export-Import Bank (Afreximbank) has announced a $5 billion financial commitment to the Nigerian National Petroleum Corporation (NNPC), enabling…

4 years ago

Nigerian govt seals 10 filling stations in Bauchi

The Bauchi State Office of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has sealed 10 filling stations for…

4 years ago

Nigeria’s Petroleum Ministry signs partnership with African Energy Week 2022

The Nigerian Ministry of Petroleum Resources has endorsed the African Energy Week (AEW) 2022, partnering with the ACS (www.EnergyChamber.org) for…

4 years ago

8.1m electricity customers still unmetred

After decades-long efforts to provide meters for electricity consumers in Nigeria, the device is yet to reach at least 8.1…

4 years ago

Goldman Sachs projects oil price to hit $100 a barrel in 2022

Brent oil prices, which have been on the surge are primed to rise above $100 per barrel later this year,…

4 years ago

Nigeria introduces infrastructure fund for autogas transition

The Federal Government of Nigeria has stated that it will take into consideration the infrastructure fund for the midstream and…

4 years ago

Expert lauds NNPC over 2021 performance

The management of the Nigerian National Petroleum Company (NNPC) Limited got a morale booster for 2022 business following commendation by…

4 years ago

FG praises NLNG for suspending cooking gas exportation

The federal government has lauded Nigeria Liquefied Natural Gas (NLNG) Limited for suspending the export of cooking gas while approving…

4 years ago

Subsidy removal: Experts task FG on rehabilitation of local refineries

Economic experts have advised the Federal Government to ensure that local refineries are operating optimally for the effective implementation of…

4 years ago

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