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……….Peak generation of power drops to a 1-month low of 3,599mw Nigeria’s minister of power, Mr. Abubakar Aliyu, has said that the ministry is working towards a reliable power grid to ensure efficient electricity supply in the country. …

Russian president, Vladimir Putin has warned that if Europe would be committing “economic suicide” if it goes ahead with the threat to ban crude oil and natural gas from Russia. Putin who spoke yesterday also stated that any attempt to…

Crude oil pipeline belonging to Nigeria Agip Oil Company (NAOC), at Tuomo community in Burutu local government area of Delta state exploded on Monday, injuring dozens of the residents. According to an eyewitness, the pipeline broke open…

President Muhammadu Buhari on Tuesday unveiled the new Nigerian National Petroleum Company Ltd (NNPC Ltd.) at the company headquarters in Abuja. Last August, the group managing director of the Nigerian National Petroleum Corporation…

Nigeria’s minister of state, petroleum resources, Mr. Timipre Sylva, who had signaled to contest the 2023 presidential elections, has withdrawn from the race and returned to his office. Mr. Sylva was among the horde of presidential…

.…….. Plans to plant 5m trees in 5 years The Seplat Energy Limited has commenced its `Tree 4 Life Initiative’, programme, which involves a commitment to embark on planting five million trees in five years to mitigate climate change and…

Transmission Company of Nigeria (TCN) has announced the completion of the 330kV Akure Transmission Substation in Ondo State. The company also said it is accelerating efforts to complete the 330kV transmission line that would supply power…

Global digital services leader, Asset Information Services (AIS), a James Fisher company, has announced its business development and account management expansion plans, with new hires in key global regions, including Nigeria, for its…

Foremost integrated power company, Geometric Power Ltd, has launched a public enlightenment campaign highlighting the dangers of illegal sale and consumption of electric power in Aba and the environs. This is against the backdrop of…

Oil giant Saudi Aramco said Sunday its profits soared more than 80% in the first three months of the year, as the state-backed company cashes in on the volatility in global energy markets and surging oil prices following Russia’s invasion…