Energy

223 firms bid for sale, purchase of gas

223 local and foreign companies on Tuesday offered to sell and purchase natural gas liquids in domestic and export market.…

50% of power generated in Nigeria is stolen by customers, BEDC alleges 

The Managing Director of the Benin Electricity Distribution Company (BEDC), Mrs. Funke Osibodu, has alleged that 50 per cent of…

Gas production will ensure sustained profitability, Orjiako Seplat chairman assures 

Leading indigenous oil and gas company, Seplat Petroleum Development Company Plc has assured stakeholders of the company’s determination to use…

Oil prices set for weekly fall as U.S.-China trade tensions weigh

Oil prices edged up weekend as tightened global supplies overshadowed trade tensions stoked by a U.S. move to hike tariffs…

Oil exports from Nigeria, Angola to U.S. hit 420,000bpd

The United States refineries have upped their imports of Iraqi, Nigerian, Brazilian, and Angolan crude oil, with May volumes, double…

EKEDC Set To Commence MeteringPublished

Godwin Idemudia, the general manager, corporate communications of Eko Electricity Distribution Company (EKEDC), on Thursday expressed the company’s readiness to…