Setback for Shell in $1.95bn debt appeal as Egbalor community wins Round One

Setback for Shell in $1.95bn debt appeal as Egbalor community wins Round One

Shell ordered to deposit N800bn judgement debt with court Shell ordered not to sell assets until it obeys order   Operating in Nigeria as Shell Petroleum Development Company (SPDC), international oil company, Shell, which has joined other businesses to review its investments in Russia over the invasion of Ukraine, but which is contesting a judgement […]

NERC’s digital app to aid consumer reporting power outages 

NERC’s digital app to aid consumer reporting power outages 

The Nigerian Electricity Regulatory Commission (NERC)  said it would, in a matter of weeks, commence the operation of  a power outage reporting application to enable consumers to report power supply situations in their localities, a measure it said will help address power outage challenges across the country. Musiliu Oseni, vice chairman, NERC, who made the  […]

SAIPEC 2022: Experts highlight relevance of gas in Africa’s decarbonisation goal

SAIPEC 2022: Experts highlight relevance of gas in Africa’s decarbonisation goal

Gas will continue to be a good source of fuel and a top priority in Africa’s energy transition towards decarbonisation as the continent sets forth towards generating environmentally-friendly  energy resources. Representatives of the International Oil Companies (IOCs) made the assertion during a panel session of the 6th annual sub-Saharan African International Petroleum Exhibition and Conference […]

Nigeria to extract more value as focus shifts to natural gas

Nigeria to extract more value as focus shifts to natural gas

  President Buhari tells gas exporters in Doha   Nigeria’s federal government has made known its intentions to pan investment focus on natural gas exploitation in the country.   President Muhammadu Buhari, at the 6th Gas Exporting Countries Forum (GECF) Summit in Doha, Qatar, on Tuesday, said the enactment of the Petroleum Industry Act (PIA) […]