Category: Energy/Power

Nigeria, Saudi Arabia commit to oil market rebound

Nigeria, Saudi Arabia commit to oil market rebound. President Muhammadu Buhari with the King of and Custodian of the two Holy Mosques,King Salman Bin Abdulaziz Alsaud and interpreter at a meeting in Riyadh. Nigeria, Saudi Arabia commit to oil market rebound.   Leaders of Nigeria and the Kingdom of Saudi Arabia have expressed commitment to…

Vandals: PPMC private pipelines security nab’s Illegal Oil Bunkers in Ogun State

Vandals: PPMC private pipelines security nab’s Illegal Oil Bunkers in Ogun State …….seals over 2,000 jerry cans loaded with petrol …….. Arrests 5 Vandals and equipments In achieving Federal Government efforts in curbing pipelines vandals, Topline Leighton Ltd., a private pipeline surveillance security saddled by Pipelines and Products Marketing Company (PPMC) to monitor and patrol pipelines alone the system 2B…

NEMSA Warns DISCOs Against Use of Wooden Electricity Poles

The Nigerian Electricity Management Services Agency (NEMSA) has warned Distribution Companies of Nigeria (DISCOs) to stop the use of wooden poles in their operations. They also cautioned them against bad “networks” installation, which it said had been responsible for electrical accidents that have claimed several lives. Managing Director/ C.E.O and Chief Electrical Inspector of the Federation…

EXCLUSIVE: Nigeria’s revenue woes worsen as major trouble hit Forcados, oil lifting suspended

  Nigeria’s crude oil export operation has suffered a serious setback following a major crack-up of a giant underwater pipeline at the Forcados export terminal. Following the incident, crude oil lifting h‎as now been suspended at that platform, officials said. The pipeline, described as a big artery in the nation’s oil production was said to…

Another nationwide fuel scarcity looms – IPMAN warns

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has warned of an impending fuel scarcity across the nation. It said the 78 percent import allocation granted the Nigerian National Petroleum Corporation (NNPC) has led to a disruption in the petroleum products distribution chain, leading to scarcity within the Lagos metropolis. With this development, IPMAN has…