Oil and Gas

NNPC’s Kyari ties 44-year historic N287bn profit to cost-cutting, efficiency, investment

By Mike Ochonma, Ben Eguzozie & Onome Amuge   In Stock Exchange-styled‭ ‬‘Facts Behind the Figures’‭, ‬GMD explains road to…

Enugu DisCo appoints new CEO with mandate to reduce ATC&C of 62%

  Enhance service delivery to customers   The Enugu Electricity Distribution Company (EEDC), one of the 11 electricity distribution companies…

Breaking! NNPC makes history, declares N287bn profit after tax, first time in 44 years

By Onome Amuge   Nigeria’s state-owned national oil company, Nigerian National Petroleum Corporation (NNPC) has broken its own 44 years…

MOSOP says no Ogoni green light on OML 11 resumption, faults NPDC’s accord with OLI

  Believes adequate consultation not done yet Cited non-conclusion of Ogoni clean-up Petroleum experts advise NNPC starts PIA implementation with…

NNPC to deploy electronic system in monitoring fuel distribution

By Onome Amuge   The Nigerian National Petroleum Corporation (NNPC) plans to deploy electronic tracking devices to monitor fuel distribution…

IBEDC bemoans N1.6bn monthly loss to estimated billing

By Onome Amuge   The management of the Ibadan Electricity Distribution Company (IBEDC) has lamented that the company is losing…