Oil and Gas

TCN chief calls out DisCos’ funding structure for power industry challenges

By Tobias Pius   Edmund Eje, the general manager, market operations, Transmission Company of Nigeria (TCN), has identified the funding…

Pipeline repairs cost NNPC N75.23bn in one year  

  By Tobias Pius   Repairs and maintenance of vandalised and leaking pipelines conveying crude oil from wells to flow…

Port Harcourt DisCo explains meter distribution strategy

By Tobias Pius   Port Harcourt Electricity Distribution Company (PHED), which holds the franchise to service AkwaIbom, Bayelsa, Cross River…

Nigeria’s electricity DisCos create imbalance costing N20.5bn in 3 weeks  

  By Tobias Pius   Almost N20.5billion in revenue was lost by Nigeria’s power sector in the first three weeks…

Appeal Court suspends order against shutting of SEPLAT headoffice

Seplat Petroleum company has announced that the Court of Appeal sitting in Lagos on Friday suspended the order of interlocutory…

OPEC welcomes push for electric vehicles, but says fossil fuel remains strong

 By Tobias Pius   The Organisation of Petroleum Exporting Countries (OPEC) appears to be unfazed by the imminent threat electric vehicles…