Oil holds near two-month high on OPEC+ extension expectations
Oil prices held near two-month highs on Friday and were set for a third consecutive week of gains, boosted by expectations of an extension to
Category : Energy
Customers express concerns on implementation of e-bills by Ikeja Electric
Customers of Ikeja Electricity Distribution Company (IKEDC), have expressed concerns over the firm’s full implementation of e-billing system which took effect in November. The customers
OPEC+ likely to extend oil supply cuts until June – sources
OPEC and its allies are likely to extend existing oil output cuts when they meet next month until mid-2020, with non-OPEC oil producer Russia supporting
Zamfara: DPR cautions filling stations against supplying petrol to bandits
The Department of Petroleum Resources (DPR) has warned filling stations in Zamfara against supplying petroleum products to bandits. The Controller, Gusau DPR Field office, Alhaji
Oil drops amid new concern over prospects for U.S.-China trade deal
Oil prices edged lower on Thursday as fresh tensions between the United States and China over ongoing protests in Hong Kong fueled concern that a
‘Nigeria needs deregulation to sustain petroleum Industry- OVH boss
Chief Executive Officer, OVH Energy, Mr Huub Stokman, has advocated the need for the federal government to deregulate the nation’s petroleum industry. Stokman gave the
IBEDC says vending channels up, running
The management of Ibadan Electricity Distribution Company (IBEDC) says its customers can now vend and pay electricity bills with ease across its franchise after the
Ogun State wins 2019 NNPC science quiz competition
Ogun State has won the 2019 Nigerian National Petroleum Corporation’s (NNPC) Science Quiz Competition for secondary school students across the country. Ogun state emerged as
Society advocates laws for petrochemical waste disposal
The Nigerian Thoracic Society (NTS) has called on the Federal Government to enact laws that would compel petrochemical companies to properly dispose the waste product
Sylva tasks firms, IOCs on community development
The Minister of State for Petroleum Resources, Chief Timipre Sylva has called on local and International Oil Companies (IOCs) to give back to the communities
