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FG approves $186.6m Afam power plant project
The Ministry of Power Works and Housing has revealed that the Afam Power Plant project which is valued at the…
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Three bills relating to PIB scale second reading at the House of Representatives
The House of Representatives has confirmed that three bills relating to the Petroleum Industry; Bill for an Act to provide…
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WAV declares that the court appointment of provisional liquidator for STG has no effect on it operations
Following the court appointment of provisional liquidator for Sea Trucks Group (STG), the management of West African Ventures (WAV) has…
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Sirius Petroleum in negotiation with British Petroleum over Ororo field financing
Sirius Petroleum has confirmed that it is in negotiation with British Petroleum in respect of an off-take and pre-payment facility…
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NERC seeks to dissolve the boards of Discos
Nigerian Electricity Regulatory Commission (NERC) recently disclosed that it has commenced regulatory proceedings in respect of the operations of Distribution…
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Eland Oil & Gas JV company signs rig contract with OES Energy Services.
Eland Oil & Gas revealed that it’s Joints Ventures Company; Elcrest Exploration and Production recently signed a rig contracts with…
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House of Representatives, Senate disagree over the amended NLNG Act.
There seems to be an ongoing dispute between the House of Representatives and the Senate in respect of the bill…
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Brittania-U resumes action against Chevron over failed OML bid.
A court of Appeal in Lagos is set to resume proceeding in respect of the ongoing dispute between Brittania-U, an…
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FG commences the of revamping and utilization of Enugu coal deposit.
As part of it’s efforts towards reviving the power sector in Nigeria, the Federal Government has commenced steps to revamp…
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NERC sanctions DISCOs; orders consumers without prepaid meters to stop paying bills
In light of the Distribution Companies’ (DISCOs) failure to provide all electricity consumers with prepaid meters as directed by Nigerian…