FG summons Abuja, Ibadan DisCos over poor power supply
The Federal government of Nigeria (FGN) has summoned the chief executives of Abuja Electricity Distribution Company (ABEDC)and Ibadan Electricity Distribution Company (IBEDC)over...READ MORE
Shell engages more indigenous contractors in key projects
Shell has upped its ante in efforts to involve more local companies in key projects as part of local content promotion in oil and gas operations on land and in deep water.
PMS importation jumps by 3.29% to 11.94bn litres in H1 2023
According to the National Bureau of Statistics, an aggregate of 11.94billion litres of Premium Motor Spirit, also known as petrol, was imported into...READ MORE
IEA prognosis sees favourable global oil markets in 2024
According to International Energy Agency, there’s favourable global oil markets outlook this year as new supplies satisfy demand and keep prices in...READ MORE
Oil prices jump as producers forecast rise in demand
Oil prices rose significantly Wednesday, reversing earlier gloomy losses, as major producer group OPEC adhered to their relatively strong forecast for demand growth this year and an...READ MORE
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