Governor Siminalayi Fubara of Rivers has dropped a major bombshell about the PDP crisis following the expulsion of the FCT Minister Nyesom Wike from the party.
NNPC has lowered petrol prices nationwide, with Dangote Refinery claiming that the reductions is a result from its own gantry adjustments not tariff suspension.
A Chinese-funded power plant in Myanmar has reportedly shut down operations due to faults found in the plant's heat system, local residents revealed recently.
Organization of Petroleum Exporting Countries in its its July 2023 Monthly Oil Market Report states that number of rigs improved to 14 from 11 the previous year
Energy analysts have predicted that petrol could for N1,000 per litre on or before December 2023 as the cost crude oil increases on the international market
The Nigerian government has disclosed that there are over 9,000 filling stations licensed across Nigeria to dispense cheap alternative fuels across Nigeria.
Financial report by Geregu Power Plant shows that the company made N8 billion for the first half of the year against N9.1 billion in the same period last year.
The Nigerian government has revealed that more marketers have begun importing petrol into Nigeria, which may force down the product's price in the country.
Geregu Power Plc, belonging to Femi Otedola said it has paid about N8.8 billion to an Italian firm, Ansaldo Energia for the maintainnace of its gas turbines.
Nigeria's federal government reported earning over N1.68 trillion from crude oil sales in June to seal its position as Africa's largest oil-producing country.
11 power distribution companies in Nigeria have applied for the review of their various electricity tariffs citing macro economic parameters and other factors.
Energy
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