By Energy Worth with Agency Report Crude oil price headed toward its worst week in almost a year as the global risk-asset rout further rankled investors already concerned over growing U.S. output undermining Organization of Petroleum Exporting Countries, OPEC’s efforts to tighten markets and prop up prices, it has been reported. Nigeria’s 2018 budget is…
By Energy Worth The National Bureau of Statistics (NBS) has disclosed that Generation companies (Gencos) generated 94,627 megawatts per hour (MWh) of energy daily in the fourth quarter of 2017.According to the information posted on its website on Thursday, the report showed that daily energy generation attained a peak of 105,152 megawatts on December 8.The…
In a bid to keep the country wet with petrol and eradicate the fuel queues that have resurfaced in some cities, the Nigerian National Petroleum Corporation (NNPC) has programmed to bring in two cargoes of petrol per day for the rest of February 2018 to boost supply.Each of the two cargoes is 50 million litres…
