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Energy
Nigeria Losing $7.2m Monthly To Illegal Crude Oil Connection- NNPCL
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The Nigerian National Petroleum Company Limited (NNPCL), said the country loses an average of $7.2 million monthly from illegal crude oil connections.
The oil firm...
FG Reiterates Commitment To End Crude Oil Theft in Niger Delta
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Nigeria’s Minister of state for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has reiterated Federal Government commitment to end crude oil theft in Niger Delta,...
Nigeria Loses 400,000 Barrels Of Crude Oil Daily- Ribadu
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The National Security Adviser (NSA), Malam Nuhu Ribadu, said Nigeria loses 400,000 barrels of crude oil daily to local and international thieves.
Ribadu disclosed this...
Port Harcourt Refinery To Begin Operation By December- FG Assures
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The Federal Government has assured that the ongoing rehabilitation works on the Port Harcourt Refinery will be completed in December 2023.
The rehabilitation of the...
FG Replies Gov. Obaseki On Subsidy Removal Comments
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Mohammed Idris, minister of information and national orientation, says the federal government understands the difficulty Nigerians are facing following the petrol subsidy removal.
Idris spoke...
Nigerian Army Destroys 8 Illegal Oil Refining Sites In Niger Delta
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The Nigerian Army has destroyed eight ovens used for refining stolen crude oil in Warri South Local Government Area of Delta, director, Army Public...
NERC Urges Consumers To Update Prepaid Meters To Avoid Disconnection
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The Nigerian Electricity Regulatory Commission (NERC) has urged citizens with prepaid meter to update them before November 2024.
The regulatory body said users who fail...
Fossil Fuel Subsidies Exceed $1 Trillion Since COP26
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Record amounts of money are still flowing into fossil fuel subsidies two years after the world’s top economies pledged to cut them. In 2021,...
Namibia’s Oil Sector Sparks Global Investment Rush
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Namibia could see an oil boom thanks to several major discoveries that suggest there could be more oil yet to come. An influx of...
Iran Begins Production Of World’s Largest Gas Field
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Iran’s South Pars gas field is one half of the world’s largest gas resource – the other being Qatar’s North Field – so any...