The management of Ikeja Electric (IE) on Wednesday appealed to customers over the ongoing power shortage being experienced in its operational network. Mr Felix Ofulue, Head, Corporate Communications, IE, said in Ikeja that the power shortage was being experienced across the country due to low gas supply to electricity generation companies. Ofulue said: “We are…
The Global oil demand will all but stall this year as the coronavirus outbreak is expected to hit economies in various regions, Organisation of the Petroleum Exporting Countries (OPEC) says. Demand will only inch up by 60,000 barrels per day (bpd) to an average of 99.7 million bpd, down from the OPEC previous growth forecast…
The Petroleum Products Pricing Regulatory Agency (PPPRA) says, Open Market price of Premium Motor Spirit( PMS) also known as petrol, in the Nigerian market has dropped to N114.53 per litre. The Agency disclosed this in the data for PMS price for Tuesday, March 10, from the Pricing Template for the commodity, released in Abuja, on…
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has commended the House of Representatives for initiating a bill to criminalise casualisation of workers in Nigeria. NUPENG’S National President, Mr Williams Akporeha, and General Secretary, Mr Afolabi Olawale, in a joint statement on Monday, described the initiative as a new dawn in the annals…
The Electricity Generation Companies (GenCos), comprising gas-fired and hydro stations, said they could not generate 4,208 megawatts of electricity on Sunday due to unavailability of gas. This information is contained in a daily energy report by the Advisory Power Team, Office of the Vice President, a copy of which was obtained in Abuja on Monday….
A group, Women In Energy Network (WIEN), has urged government at all levels to promote women leadership in the energy sector by appointing more of them to head agencies and institutions at sectional, regional and international levels. WIEN also called on the federal and state governments, specifically, to strengthen existing policies that would attract more…
The Oil marketers under the umbrella of Major Marketers Association of Nigeria (MOMAN) has reiterated that the global reduction in crude oil prices has presented Nigeria with the opportunity to reform and restructure its petroleum downstream industry. Mr Tunji Oyebanji, MOMAN chairman disclosed this in an interaction with the media in Lagos on the opportunities…
A group of oil producing communities and host to Shell Petroleum Development Company Limited, SPDC, in Burutu Local Government Area of Delta State has written to the Director-General and Chief Executive Officer, National Environment Standards and Regulation Enforcement Agency, NESREA, to come to their aid by compelling SPDC to discontinue the deliberate releasing of toxic…
The Rivers government has commended Niger Delta Refineries Limited, an indigenous petroleum refining company based in the state, for its friendly policies on environment and community relations. The commendation was made by the state’s Deputy Governor, Dr Ipalibo Banigo. Banigo had led members of the House of Assembly Committee on Environment and officials of the…
The expected management shake-up at the Nigerian National Petroleum Corporation (NNPC) is due to happen Thursday, according to an internal memo sighted by THE WHISTLER. The memo confirms THE WHISTLER’s exclusive report titled “Major Shake-up in NNPC, Women Get More Top Posts” published on Monday. The report had hinted that many top management officers of the corporation were going…
