Energy
AEDC gets new investors, to inject $2 billion into their network
Abuja Electricity Distribution Company (AEDC) has signed a memorandum of understanding (MoU), worth $2 billion with Power Analytics & Solutions,…
France to close nuclear reactors, triple wind capacity by 2035-Macron
France has revealed its plan to close 14 nuclear reactors by 2035, triple onshore wind capacity and cut fossil fuel…
OPEC, allies must cut output by 1.5million bpd to prop prices back to $70 per barrel
Organization of Petroleum Exporting Countries (OPEC) and its allies must cut 2019 supply growth by 1.5 million barrels per day…
NCDMB disburses $21 million to local firms from local content fund
Nigerian Content Development and Monitoring Board (NCDMB) says it has disbursed $21 million out of the $200 million Nigerian Content…
Total, Samsung resolve dispute over 200,000bpd Egina deepwater project
Total Upstream Nigeria Limited (TUPNI) and Samsung Heavy Industries (SHIN) have finally resolved their long drawn legal battle over the…
OPEC output level rises to 33.08 million barrels per day, on the back of Saudi Arabia and UAE
Organization of Petroleum Exporting Countries (OPEC) has increased production levels in November, to 33.08 million barrels per day, a 40,000…
