Nigeria’s national electricity grid collapsed on Monday leaving many parts of the country without power, electricity distribution companies said. The grid has collapsed at least four times this year, which Continue Reading
The cost of Nigeria’s fuel subsidies rose to 525.714 billion naira ($1.22 billion) in August, bringing the total spent this year to 2.568 trillion naira, according to figures submitted to Continue Reading
Nigeria’s oil output was at the lowest since 1990 as its crude oil production fell below 1 million barrels per day (bpd) in August 2022. And data from the Organisation Continue Reading
Libya’s oil production rose by 3,000 barrels per day (bpd) to 1.186 million bpd on Thursday, according to the National Oil Corporation (NOC), as the African OPEC member exempted from Continue Reading
In view of the massive vandalism and rising cases of oil theft in Nigeria’s oil producing region, the Director of Operations, PPC Limited, Dr. Patrick Ede, has advised the federal Continue Reading
Senate President Ahmad Lawan has warned that unless prompt action is taken, crude oil theft may stagnate the economy and drive it into a coma. Lawan said this Tuesday in Continue Reading
South African power utility Eskom implemented Stage 6 power cuts early on Sunday morning, its worst level touched for the second time this year although a “total blackout” was not Continue Reading
Shell Petroleum Development Company of Nigeria Limited (SPDC) is planning to resume the testing of its main trunkline, the Trans Niger Pipeline (TNP). Vanguard gathered that TNP takes crude from Continue Reading
The Nigeria-Morocco Gas Pipeline Project is an initiative of the Federal Government of Nigeria and the Kingdom of Morocco. The Group Chief Executive Officer of the Nigerian National Petroleum Company Continue Reading
South African power utility Eskom said power outages will be ratcheted up a notch to ‘Stage 5’ from 1000 a.m. (0800 GMT) local on Saturday until 0500 a.m. on Monday Continue Reading
