ENERGY

Nigerians have been thrown into darkness as the national grid experienced a collapse on Saturday, January 11, 2024, marking the first time in the year. According to data obtained from the Nigerian System Operator’s portal (niggrid.org), the collapse occurred at 1:56 pm. This incident follows a pattern of instability, with...

Former President Olusegun Obasanjo has been invited by the Nigerian National Petroleum Company Limited (NNPCL) to take a tour of its Port Harcourt refinery. The invitation to Obasanjo follows his recent comment on the rehabilitation the Port Harcourt and Warri refineries. Obasanjo had earlier stated Shell Petroleum Development Company (SPDC)...

The Nigerian Navy says it is committed towards ensuring that the nation’s daily crude oil production increases from 1.8 million barrels to 3 million barrels by December, 2025 in line with the directive of President Bola Tinubu. Speaking, at the Flag-off ceremony of Operation Delta Sanity II in Port Harcourt,...

In a bid to guarantee supply security at affordable prices for its customers, Ardova Plc, one of Nigeria’s major integrated downstream oil and gas businesses, has agreed to a bulk purchase framework with Dangote Refinery. This framework will see Ardova Plc offtake a full slate of petroleum products from the...

The Dangote Petroleum Refinery has announced a reduction in the price of Premium Motor Spirit (PMS), also known as petrol, to N899.50 per litre, offering relief to Nigerians this festive season. Anthony Chiejina, the Group Chief Branding and Communications Officer of Dangote Group, on Thursday revealed a special purchase offer...

Nigeria’s National Grid collapsed for the 12th time this year on Wednesday,11th December, 2024. The latest incident happened around 2.09 pm, plunging Nigerians into darkness again. Since January 2024, the grid had collapsed 11 times. Within one week in October, the grid collapsed three times. A tweet from the official...

The NNPC Ltd has reiterated its commitment to advancing local content development in Nigeria's energy sector and drive sustainable growth of the industry. This commitment was made by the Group Chief Executive Officer, GCEO, Mallam Mele Kyari at the ongoing 13th Practical Nigerian Content (PNC) Forum in Yenagoa, Bayelsa State....

  The recently rehabilitated Port Harcourt Refinery has begun selling Premium Motor Spirit at N1,045 per litre, a price N75 higher than the N970 per litre offered by Dangote Refinery, the Petroleum Products Retail Outlets Owners Association of Nigeria has confirmed. The refinery resumed operations on Tuesday after years of...

  Andova Plc, a leading indigenous integrated energy company in Nigeria, has set a new benchmark in the lubricants market with the unveiling of its state-of-the-art lubricant oil blending plant (LOBP). With a production capacity of 150 million litres per annum and a storage capacity of 14 million litres, the...

  The Nigerian National Petroleum Company (NNPC) Ltd. has fulfilled its pledge of re-streaming the Port Harcourt Refining Company (PHRC), signaling the commencement of crude oil processing from the plant and delivery of petroleum products into the market. On Tuesday, trucks began loading petroleum products which include Premium Motor Spirit...