Energy

Nigeria’s oil rich Rivers State acquires Shell’s oil mining lease 

Governor Nyesom Wike has announced Rivers State Government’s acquisition of Shell Petroleum Development Company (SPDC) 45 percent operating stakes in oil mining…

Wike announces RVSG acquisition of Shell’s OML 11

Nyesom Wike, the governor of Rivers State, has announced State Government’s acquisition of Shell Petroleum Development Company (SPDC) 45% operating…

Nigeria moves to recover 35,000bpd lost to Shell JV, Belema oil dispute

The Nigerian government says it is determined to continue to extract over 35,000 barrels per day of crude oil output…

Nigeria’s oil revenue threatened as India shifts to alternative market

Nigeria is about losing one of its major oil customers, India, as the world’s third-largest oil importer has found a…

AfDB to scrap coal power stations across Africa

Akinwumi Adesina, president, African Development Bank (AfDB,) has revealed plans to scrap coal power stations across Africa and switch to…

Discos accuse TCN of 100 system collapse; 5,300 interruptions in 6 years

Electricity distribution companies (DISCos) on Tuesday again accused the Transmission Company of Nigeria (TCN) of inefficiency despite over $1.6 billion…