…as Europe to buy less of Nigerian crude One of Nigeria’s crude grade, Forcados is set to experience a peak in export in November, the highest in one year. A report by Reuters said export for Forcados will hit about 320, 000 barrels per day in the month under review.Read More

An updated list for the Meter Asset Providers, MAP by the Nigerian Electricity Regulatory Commission, NERC now has just twenty-three firms on it. The document obtained by SweetCrudeReports saw the list that once contained over 100 firms drop to twenty-three. Meter providers who now have licenses to supply meters include: Mojec AssetRead More

Chairman, Nigerian Electricity Regulatory Commission, NERC, Prof. James Momoh was on Sunday, inducted in the United States National Academy of Engineering, NAE. As announced by announced NAE President, John L. Anderson, Prof. Momoh was the only Sub-Saharan African on the 2020 list comprising of 86 new members and 18 internationalRead More

NUPENG, PENGASSAN order total shutdown of U.S oil supermajor’s operations over sack of 1000 staff in Nigeria   The oil production at the 220, 000 barrels per day Agbami oilfield and operations at other assets of Chevron in Nigeria are under a serious threat as labour unions in the oilRead More

16 power plants in Nigeria saw an increase in their output on Sunday, crashing the number of idle plants in Africa’s most populous nation to nine and surging the generation by 979.2 megawatts to 4,312.1 megawatts. Nigeria has an estimated population of 200 million. As at 6am on Saturday, powerRead More

The Senate yesterday resolved to debate the report of the 2021-2023 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) presented to it at plenary.   This is just as the Petroleum Industry Bill (PIB) sent to the National Assembly last Tuesday by President Muhammadu Buhari passed through first readingRead More

The Eko Electricity Distribution Company, EKEDC said it has reverted to the old tariff effective last Monday.   In a statement signed by the General Manager, Corporate Communications of the Company, Godwin Idemudia on Wednesday, he said reverting to the old tariffs followed the agreement reached between the organised labourRead More

  The Management of Ibadan Electricity Distribution Company Plc (IBEDC) congratulates all Nigerians on 60 years anniversary of our existence as an Independent nation and a people. The Chief Operating Officer (COO) of the company Engr. John Ayodele, said the sacrifices and the ideologies of the founding fathers should remainRead More